International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395-0056
Volume: 12 Issue: 05 | May 2025
p-ISSN: 2395-0072
www.irjet.net
TRAKR - A Real-Time Cryptocurrency Price Tracker Arnav Prasad1, Adeesh Jain2, Anirudh Sharma3, Rohit Kumar4 1.2.3C.S.B.S., O.I.S.T., Bhopal, M.P., India
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Abstract - The volatile and dynamic cryptocurrency market
that offer genuine-time, precise data. Without a reliable tracking system, users may struggle to make apprised decisions, resulting in missed opportunities or incremented jeopardies.
has engendered a pressing desideratum for reliable implements to efficiently monitor and analyse price fluctuations. This research paper explores the design and development of a cryptocurrency price tracker, an implement intended to provide genuine-time updates, analyse historical price data, and avail users make apprised investment decisions. The project integrates advanced technologies such as React.js for building a responsive and utilizer-convivial interface, the CoinGecko API for fetching genuine-time cryptocurrency data, and Firebase authentication to ascertain secure utilizer access. By amalgamating an exhaustive literature review with an innovative development methodology, this research accentuates the paramountcy and feasibility of a robust cryptocurrency price tracker that can efficaciously support investors in navigating the intricacies of the cryptocurrency market.
The key challenges in developing cryptocurrency price tracker include:
2. Data Visualization: With the astronomical amplitude of data engendered from multiple cryptocurrencies, presenting this information in an intuitive and facilely understandable format is crucial. Efficacious visualization implements must transform involute data sets into actionable insights. 3. Security: As cryptocurrency investments involve substantial financial value, ascertaining data integrity and securing utilizer information is paramount. Bulwarking sensitive utilizer data, such as authenticate credentials and portfolio details, from unauthorized access is a critical concern.
1. INTRODUCTION Cryptocurrencies have expeditiously gained prominence as decentralized digital assets, offering benefits like transparency and lower transaction costs. However, the intrinsical volatility of cryptocurrencies presents consequential challenges for investors and traders who must perpetually monitor and analyse price trends to make apprised decisions. A cryptocurrency price tracker is an essential implement for surmounting these challenges, providing genuine-time market data, enabling efficient portfolio management, and offering advanced analytical implements. This paper explores the design and implementation of a cryptocurrency price tracker, while additionally examining potential advancements and future features that could further enhance its utility for users in navigating the involutions of the cryptocurrency market.
4. Scalability: The number of cryptocurrencies is perpetually growing, and incipient features are perpetually being developed. The tracker must be designed to accommodate a more sizably voluminous variety of cryptocurrencies and scalable features to meet the desiderata of an expanding utilizer base. 5. Sentiment Influence: Market perception significantly impacts cryptocurrency valuation, necessitating AI-driven sentiment analysis for enhanced predictive accuracy. Staking and Yield Farming Evaluation: Investors also struggle to estimate returns on crypto staking and yield farming activities due to complex calculation factors.
2. Problem Definition
Addressing these challenges requires the development of robust and efficient implements that not only provide genuine-time data but additionally ascertain security, scalability, and facilitate of avail. A well-designed cryptocurrency price tracker can potentiate users with the indispensable information to make apprised decisions in this expeditious-moving market.
The cryptocurrency market operates 24/7, with prices perpetually fluctuating due to factors such as ecumenical events, market sentiment, and technological advancements. This constant activity makes it arduous for investors and traders to track price forms of kineticism accurately and understand emerging market trends. Moreover, the absence of centralized regulation integrates intricacy to the process, heightening the desideratum for dependable implements
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Impact Factor value: 8.315
efficacious
1. Real-time Monitoring: Cryptocurrencies are highly volatile, and prices can transmute expeditiously. Ergo, there is an exigent desideratum for perpetual updates to monitor cryptocurrency prices and market trends efficaciously.
Key Words: Cryptocurrency, Real-time Tracking, React.js, Firebase, CoinGecko API, Sentiment Analysis, AI Chatbot
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