Leveraging Large Language Models for Sentiment Analysis: Multi-Modal Analysis of Decentraland's MANA Token

arXiv cs.CL Papers

Summary

This paper uses a BERT-based large language model for sentiment analysis of Decentraland's Discord community to enhance MANA token price prediction, demonstrating that a multi-modal LSTM incorporating sentiment, trading volume, and market capitalization outperforms a price-only baseline.

arXiv:2605.20192v1 Announce Type: new Abstract: Decentraland, a decentralized virtual reality platform operating within the expanding Metaverse ecosystem, utilizes its native MANA token to facilitate virtual asset transactions and governance. This study investigates the integration of Discord community sentiment with multi-modal financial data to enhance cryptocurrency price prediction within virtual world economies. We address: (1) identifying sentiment patterns within Decentraland's Discord community, and (2) evaluating the impact of multi-modal features on token return forecasting. Using a BERT-based large language model for sentiment analysis, we develop two LSTM architectures: a baseline incorporating historical prices and a multi-modal variant integrating sentiment scores, trading volume, and market capitalization. Results indicate predominantly neutral community sentiment with a positive skew. The multi-modal model significantly outperforms the price-only baseline in prediction accuracy. These findings demonstrate the predictive value of community-derived signals for virtual economy forecasting and establish a foundation for future research at the intersection of immersive virtual environments, natural language processing, and cryptocurrency market analysis.
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# Leveraging Large Language Models for Sentiment Analysis: Multi-Modal Analysis of Decentraland’s MANA Token
Source: [https://arxiv.org/html/2605.20192](https://arxiv.org/html/2605.20192)
Peiting Tsai, Jing Yuan, Michael Yu, and Greg SunLuyao Zhang\*\*Corresponding author: Luyao Zhang \(lz183@duke\.edu\), Digital Innovation Research Center and Social Science Division, Duke Kunshan University\. Address: Duke Avenue No\.8, Kunshan, Suzhou, Jiangsu, China, 215316\.Acknowledgments: Luyao Zhang acknowledges support from the National Science Foundation of China \(NSFC\) for the project titled ”Trust Mechanism Design on Blockchain: An Interdisciplinary Approach of Game Theory, Reinforcement Learning, and Human\-AI Interactions” \(Grant No\. 12201266\)\. Xintong Wu is grateful for the support provided by the Office of Academic Services, the Summer Research Scholar Program, and the Student Experiential Learning Fellow \(SELF\) Program at Duke Kunshan University, supervised by Prof\. Luyao Zhang\. Xintong also extends appreciation to all members of the One\-Person Entrepreneur \(OPE\) group at Microsoft China for their valuable inspiration\.

###### Abstract

Decentraland, a decentralized virtual reality platform operating within the expanding Metaverse ecosystem, utilizes its native MANA token to facilitate virtual asset transactions and governance\. This study investigates the integration of Discord community sentiment with multi\-modal financial data to enhance cryptocurrency price prediction within virtual world economies\. We address: \(1\) identifying sentiment patterns within Decentraland’s Discord community, and \(2\) evaluating the impact of multi\-modal features on token return forecasting\. Using a BERT\-based large language model for sentiment analysis, we develop two LSTM architectures: a baseline incorporating historical prices and a multi\-modal variant integrating sentiment scores, trading volume, and market capitalization\. Results indicate predominantly neutral community sentiment with a positive skew\. The multi\-modal model significantly outperforms the price\-only baseline in prediction accuracy\. These findings demonstrate the predictive value of community\-derived signals for virtual economy forecasting and establish a foundation for future research at the intersection of immersive virtual environments, natural language processing, and cryptocurrency market analysis\.

## IIntroduction

The emergence of blockchain\-enabled immersive virtual environments—the Metaverse—has catalyzed interest in persistent digital economies where users transact virtual assets through native cryptocurrencies\[[28](https://arxiv.org/html/2605.20192#bib.bib81),[50](https://arxiv.org/html/2605.20192#bib.bib82)\]\. Decentraland represents a paradigmatic case of this convergence, combining virtual reality with decentralized infrastructure to create economic spheres with unique market dynamics\[[20](https://arxiv.org/html/2605.20192#bib.bib29)\]\. Its native token, MANA, facilitates transactions for virtual goods and land parcels while conferring governance rights through a decentralized autonomous organization \(DAO\), rendering it ideal for examining sentiment dynamics in nascent virtual economies\.

StartData PrepPreprocessLoad RoBERTaSentimentInferenceTemporalAggregationEndStS\_\{t\}LSTM InputSt=1nt​∑si,t​γi,tS\_\{t\}=\\frac\{1\}\{n\_\{t\}\}\\sum s\_\{i,t\}\\gamma\_\{i,t\}TrainingEvaluationFine\-tuningEvaluationDiscordTokenRoBERTasi,t∈\{\+1,0,−1\}s\_\{i,t\}\\in\\\{\+1,0,\-1\\\}τt,Vt\\tau\_\{t\},V\_\{t\}𝐱t=\(τt,Vt,St\)\\mathbf\{x\}\_\{t\}=\(\\tau\_\{t\},V\_\{t\},S\_\{t\}\)Figure 1:LLM\-based sentiment analysis pipeline\.Red circle highlights sentiment outputStS\_\{t\}feeding into downstream LSTM alongside conventional technical indicators such as priceτt\\tau\_\{t\}and volumeVtV\_\{t\}\.Investor sentiment from social media constitutes a significant predictor of market behavior, prompting extensive applications of sentiment analysis in financial forecasting\[[22](https://arxiv.org/html/2605.20192#bib.bib10)\]\. Within Decentraland, Discord serves as the primary communication channel where user discussions may influence MANA price dynamics\. Recent advances in large language models \(LLMs\) have enhanced sentiment analysis capabilities, with multi\-agent frameworks improving financial classification accuracy\[[54](https://arxiv.org/html/2605.20192#bib.bib79)\]and specialized models advancing emotion detection\[[37](https://arxiv.org/html/2605.20192#bib.bib80)\]\.

This study constructs a multi\-modal dataset integrating historical price data with Discord\-derived sentiment, trading volume, and market capitalization to forecast token returns\. We investigate two research questions \(RQs\):

- •\(RQ1\)What are the prevailing sentiment patterns among Decentraland Discord users, and to what extent do these reflect platform dynamics?
- •\(RQ2\)How does integrating multi\-modal features affect token return prediction accuracy relative to price\-only models?

Employing a BERT\-based architecture for sentiment extraction and LSTM networks for time\-series prediction, we evaluate the incremental value of community sentiment for cryptocurrency forecasting\. Figure[1](https://arxiv.org/html/2605.20192#S1.F1)illustrates the LLM\-based sentiment analysis pipeline\.111All data and code are publicly accessible at:https://github\.com/Xintong1122/Decentraland\_Senti

## IIData

### II\-AData Collection

#### II\-A1Numerical Data

Daily OHLCV data for MANA \(ERC\-20 utility token\[[11](https://arxiv.org/html/2605.20192#bib.bib1),[44](https://arxiv.org/html/2605.20192#bib.bib2),[26](https://arxiv.org/html/2605.20192#bib.bib3)\]\) spanningt∈\[1,T\]t\\in\[1,T\]whereT=366T=366days \(June 15, 2023–June 14, 2024\) comprise open, high, low, close prices \(PtO,PtH,PtL,PtCP\_\{t\}^\{O\},P\_\{t\}^\{H\},P\_\{t\}^\{L\},P\_\{t\}^\{C\}\), trading volumeVtV\_\{t\}, and market capitalizationMtM\_\{t\}\(USD\), obtained fromCoinMarketCap\.222https://coinmarketcap\.com/

#### II\-A2Textual Data

Discord\#generalchannel messagesℳ=\{mi\}i=1n\\mathcal\{M\}=\\\{m\_\{i\}\\\}\_\{i=1\}^\{n\}\(n=5,883n=5,883\) were harvested viaDiscordChatExporter,333https://github\.com/Tyrrrz/DiscordChatExporteryielding timestampstit\_\{i\}, anonymized author IDsαi\\alpha\_\{i\}, contentcic\_\{i\}, and engagement metrics\. Post\-filtering invalid entries,n′=5,513n^\{\\prime\}=5,513messages \(ℳ′⊂ℳ\\mathcal\{M\}^\{\\prime\}\\subset\\mathcal\{M\}\) comprised the final corpus\.

### II\-BData Processing

#### II\-B1Price Metric

The typical priceτt=13​\(PtH\+PtL\+PtC\)\\tau\_\{t\}=\\frac\{1\}\{3\}\(P\_\{t\}^\{H\}\+P\_\{t\}^\{L\}\+P\_\{t\}^\{C\}\)serves as the daily indicator, smoothing intraday fluctuations following standard technical analysis practice\[[42](https://arxiv.org/html/2605.20192#bib.bib7)\]\.

#### II\-B2Return Calculation

Continuous returnsrt=ln⁡\(τt\+1/τt\)=ln⁡\(τt\+1\)−ln⁡\(τt\)r\_\{t\}=\\ln\(\\tau\_\{t\+1\}/\\tau\_\{t\}\)\\\\ =\\ln\(\\tau\_\{t\+1\}\)\-\\ln\(\\tau\_\{t\}\)stabilize variance and ensure temporal comparability for ERC\-20 token markets\[[24](https://arxiv.org/html/2605.20192#bib.bib13)\]\.

## IIIMethodology

### III\-ASentiment Analysis

#### III\-A1LLM Selection

We employ the RoBERTa\-based classifiercardiffnlp/twitter\-roberta\-base\-sentiment\-latest444https://huggingface\.co/cardiffnlp/twitter\-roberta\-base\-sentiment\-latestfrom Hugging Face, pretrained on social media corpora for informal text classification\[[15](https://arxiv.org/html/2605.20192#bib.bib14),[38](https://arxiv.org/html/2605.20192#bib.bib15)\]\.

#### III\-A2Aggregation

Each messageiiat timettmaps to sentimentsi,t∈\{\+1,0,−1\}s\_\{i,t\}\\in\\\{\+1,0,\-1\\\}\(positive, neutral, negative\) with confidenceγi,t\\gamma\_\{i,t\}\. Daily sentiment aggregates asSt=1nt​∑i=1ntsi,t​γi,tS\_\{t\}=\\frac\{1\}\{n\_\{t\}\}\\sum\_\{i=1\}^\{n\_\{t\}\}s\_\{i,t\}\\gamma\_\{i,t\}, wherentn\_\{t\}denotes daily message volume\[[61](https://arxiv.org/html/2605.20192#bib.bib16)\]\. Discretization thresholds defineSt∈\[−1,−0\.1\)S\_\{t\}\\in\[\-1,\-0\.1\)as negative,\[−0\.1,0\.1\]\[\-0\.1,0\.1\]as neutral, and\(0\.1,1\]\(0\.1,1\]as positive\.

### III\-BReturn Prediction

#### III\-B1LSTM Architecture

Long Short\-Term Memory networks model sequential dependencies\{\(𝐱t,rt\)\}t=1T\\\{\(\\mathbf\{x\}\_\{t\},r\_\{t\}\)\\\}\_\{t=1\}^\{T\}via gated mechanisms\[[58](https://arxiv.org/html/2605.20192#bib.bib17),[46](https://arxiv.org/html/2605.20192#bib.bib19),[48](https://arxiv.org/html/2605.20192#bib.bib18)\]:

it=σ​\(Wi⋅\[ht−1,𝐱t\]\+bi\),ot=σ​\(Wo⋅\[ht−1,𝐱t\]\+bo\)i\_\{t\}=\\sigma\(W\_\{i\}\\cdot\[h\_\{t\-1\},\\mathbf\{x\}\_\{t\}\]\+b\_\{i\}\),\\quad o\_\{t\}=\\sigma\(W\_\{o\}\\cdot\[h\_\{t\-1\},\\mathbf\{x\}\_\{t\}\]\+b\_\{o\}\)\(1\)whereit,oti\_\{t\},o\_\{t\}denote input and output gates,σ\\sigmathe sigmoid function, andW,bW,blearned parameters\. Model specifications:

- •Baseline:𝐱t=τt\\mathbf\{x\}\_\{t\}=\\tau\_\{t\}\(scalar, typical price only\)
- •Multi\-modal:𝐱t=\(τt,Vt,Mt,St\)′∈ℛ4\\mathbf\{x\}\_\{t\}=\(\\tau\_\{t\},V\_\{t\},M\_\{t\},S\_\{t\}\)^\{\\prime\}\\in\\mathcal\{R\}^\{4\}

#### III\-B2Evaluation Metrics

Predictive performance is quantified viaMSE=T−1​∑t=1T\(rt−r^t\)2\\text\{MSE\}=T^\{\-1\}\\sum\_\{t=1\}^\{T\}\(r\_\{t\}\-\\hat\{r\}\_\{t\}\)^\{2\},MAE=T−1​∑t=1T\|rt−r^t\|\\text\{MAE\}=T^\{\-1\}\\sum\_\{t=1\}^\{T\}\|r\_\{t\}\-\\hat\{r\}\_\{t\}\|, andR2=1−∑t=1T\(rt−r^t\)2/∑t=1T\(rt−r¯\)2R^\{2\}=1\-\{\\sum\_\{t=1\}^\{T\}\(r\_\{t\}\-\\hat\{r\}\_\{t\}\)^\{2\}\}/\{\\sum\_\{t=1\}^\{T\}\(r\_\{t\}\-\\bar\{r\}\)^\{2\}\}\[[10](https://arxiv.org/html/2605.20192#bib.bib20),[31](https://arxiv.org/html/2605.20192#bib.bib21),[52](https://arxiv.org/html/2605.20192#bib.bib22),[5](https://arxiv.org/html/2605.20192#bib.bib23),[4](https://arxiv.org/html/2605.20192#bib.bib24)\]\.

## IVResults

Figure[2](https://arxiv.org/html/2605.20192#S4.F2)presents the dual analysis of community sentiment dynamics and predictive model performance\. The bar plot illustrates the distribution of Discord sentiment over the 366\-day observation period: 26\.94% positive \(si,t=\+1s\_\{i,t\}=\+1\), 60\.96% neutral \(si,t=0s\_\{i,t\}=0\), and 12\.10% negative \(si,t=−1s\_\{i,t\}=\-1\)\. This predominance of neutral sentiment with a positive skew indicates stable community affect, with daily aggregate scoresStS\_\{t\}concentrating within\[0,1\]\[0,1\]\. Notably, negative sentiment spikes correlate primarily with user\-level technical issues rather than exogenous market events\[[18](https://arxiv.org/html/2605.20192#bib.bib27),[19](https://arxiv.org/html/2605.20192#bib.bib25)\], suggesting these data reflect platform user experience rather than macroeconomic signals\.

The time\-series plots compare the baseline LSTM \(price\-only feature𝐱t=τt\\mathbf\{x\}\_\{t\}=\\tau\_\{t\}\) against the multi\-modal architecture \(𝐱t=\(τt,Vt,Mt,St\)′∈ℛ4\\mathbf\{x\}\_\{t\}=\(\\tau\_\{t\},V\_\{t\},M\_\{t\},S\_\{t\}\)^\{\\prime\}\\in\\mathcal\{R\}^\{4\}\)\. The multi\-modal model improves prediction accuracy, reducingMSEfrom0\.0021000\.002100to0\.0015280\.001528andMAEfrom0\.02970\.0297to0\.02410\.0241\. However, both models exhibit negativeR2R^\{2\}values \(baseline:−0\.4185\-0\.4185; multi\-modal:−0\.0321\-0\.0321\), indicating limited explanatory power for directional trends\. While auxiliary features enhance short\-term precision, they inadequately capture broader market dynamics, consistent with\[[33](https://arxiv.org/html/2605.20192#bib.bib86)\]\.

![Refer to caption](https://arxiv.org/html/2605.20192v1/fig/new.png)Figure 2:Price Prediction and Sentiment Categories\.
## VConclusion

Our study contributes to metaverse and blockchain\-empowered virtual economy research\[[16](https://arxiv.org/html/2605.20192#bib.bib47),[22](https://arxiv.org/html/2605.20192#bib.bib10),[32](https://arxiv.org/html/2605.20192#bib.bib83),[53](https://arxiv.org/html/2605.20192#bib.bib48),[12](https://arxiv.org/html/2605.20192#bib.bib30),[62](https://arxiv.org/html/2605.20192#bib.bib4),[56](https://arxiv.org/html/2605.20192#bib.bib5),[7](https://arxiv.org/html/2605.20192#bib.bib6)\]and the literature on user\-generated content and community sentiment\[[9](https://arxiv.org/html/2605.20192#bib.bib49),[3](https://arxiv.org/html/2605.20192#bib.bib50),[41](https://arxiv.org/html/2605.20192#bib.bib51),[57](https://arxiv.org/html/2605.20192#bib.bib52)\]\. By applying large language models to financial sentiment\[[30](https://arxiv.org/html/2605.20192#bib.bib37),[6](https://arxiv.org/html/2605.20192#bib.bib36),[27](https://arxiv.org/html/2605.20192#bib.bib38),[34](https://arxiv.org/html/2605.20192#bib.bib39),[36](https://arxiv.org/html/2605.20192#bib.bib33),[55](https://arxiv.org/html/2605.20192#bib.bib58),[60](https://arxiv.org/html/2605.20192#bib.bib59),[49](https://arxiv.org/html/2605.20192#bib.bib34),[13](https://arxiv.org/html/2605.20192#bib.bib35)\], we extend methodological approaches in sentiment analysis\[[39](https://arxiv.org/html/2605.20192#bib.bib31),[51](https://arxiv.org/html/2605.20192#bib.bib54),[29](https://arxiv.org/html/2605.20192#bib.bib55),[14](https://arxiv.org/html/2605.20192#bib.bib56),[21](https://arxiv.org/html/2605.20192#bib.bib57),[59](https://arxiv.org/html/2605.20192#bib.bib60),[43](https://arxiv.org/html/2605.20192#bib.bib61)\]to the cryptocurrency domain\[[17](https://arxiv.org/html/2605.20192#bib.bib68),[25](https://arxiv.org/html/2605.20192#bib.bib69),[8](https://arxiv.org/html/2605.20192#bib.bib65),[63](https://arxiv.org/html/2605.20192#bib.bib62),[40](https://arxiv.org/html/2605.20192#bib.bib63),[1](https://arxiv.org/html/2605.20192#bib.bib64),[45](https://arxiv.org/html/2605.20192#bib.bib67)\]\. Results show that incorporating sentiment enhances price\-only models\[[47](https://arxiv.org/html/2605.20192#bib.bib72),[2](https://arxiv.org/html/2605.20192#bib.bib71),[23](https://arxiv.org/html/2605.20192#bib.bib70)\], though gains remain limited as Discord sentiment reflects platform\-specific user experience rather than macro\-market conditions\. Future work should integrate additional data sources\[[35](https://arxiv.org/html/2605.20192#bib.bib77)\], improve domain\-specific modeling, and consider scalability and security aspects\[[28](https://arxiv.org/html/2605.20192#bib.bib81)\]\.555Detailed contributions to each literature stream are provided in Appendix[A](https://arxiv.org/html/2605.20192#A1)\.

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## Appendix ADetailed Contributions to Related Work

This study advances four interconnected research streams\.

Metaverse and Decentraland Research\.While prior work has established the technological foundations of the Metaverse\[[16](https://arxiv.org/html/2605.20192#bib.bib47)\]and Decentraland’s specific implementation\[[22](https://arxiv.org/html/2605.20192#bib.bib10),[12](https://arxiv.org/html/2605.20192#bib.bib30)\], this study is among the first to empirically link platform\-specific community sentiment to token price dynamics \(see Table[III](https://arxiv.org/html/2605.20192#A2.T3)for performance metrics\)\. We demonstrate that DAO\-governed virtual worlds\[[53](https://arxiv.org/html/2605.20192#bib.bib48)\]generate user\-generated content\[[9](https://arxiv.org/html/2605.20192#bib.bib49),[3](https://arxiv.org/html/2605.20192#bib.bib50)\]with measurable but bounded predictive signal for MANA returns, extending research on blockchain\-empowered metaverse economies\[[32](https://arxiv.org/html/2605.20192#bib.bib83)\]and the importance of monitoring user sentiment for platform governance\[[41](https://arxiv.org/html/2605.20192#bib.bib51),[57](https://arxiv.org/html/2605.20192#bib.bib52)\]\. The daily sentiment trajectory shown in Figure[3](https://arxiv.org/html/2605.20192#A2.F3)illustrates the temporal dynamics of community engagement\.

Sentiment Analysis Methodology\.Our work bridges lexicon\-based and machine\-learning approaches\[[14](https://arxiv.org/html/2605.20192#bib.bib56),[21](https://arxiv.org/html/2605.20192#bib.bib57),[39](https://arxiv.org/html/2605.20192#bib.bib31)\]with modern LLM applications\. By validating that general\-domain sentiment surveys\[[51](https://arxiv.org/html/2605.20192#bib.bib54),[29](https://arxiv.org/html/2605.20192#bib.bib55),[59](https://arxiv.org/html/2605.20192#bib.bib60),[43](https://arxiv.org/html/2605.20192#bib.bib61)\]require domain adaptation for metaverse contexts, we contribute to methodological refinements in social media sentiment analysis\[[63](https://arxiv.org/html/2605.20192#bib.bib62),[40](https://arxiv.org/html/2605.20192#bib.bib63),[1](https://arxiv.org/html/2605.20192#bib.bib64)\]and crypto\-specific opinion mining\[[8](https://arxiv.org/html/2605.20192#bib.bib65),[45](https://arxiv.org/html/2605.20192#bib.bib67)\]\. The textual data structure summarized in Table[II](https://arxiv.org/html/2605.20192#A2.T2)enables these analyses\.

LLM Applications in Financial Forecasting\.We advance the deployment of large language models\[[30](https://arxiv.org/html/2605.20192#bib.bib37),[6](https://arxiv.org/html/2605.20192#bib.bib36),[27](https://arxiv.org/html/2605.20192#bib.bib38),[34](https://arxiv.org/html/2605.20192#bib.bib39)\]for specialized financial sentiment tasks\. Utilizing architectures like BERT and RoBERTa\[[36](https://arxiv.org/html/2605.20192#bib.bib33),[55](https://arxiv.org/html/2605.20192#bib.bib58),[60](https://arxiv.org/html/2605.20192#bib.bib59)\], we test their efficacy on Discord data, contributing to research on LLM\-based social media simulation\[[49](https://arxiv.org/html/2605.20192#bib.bib34)\]and Reddit\-style market sentiment analysis\[[13](https://arxiv.org/html/2605.20192#bib.bib35)\]within decentralized virtual communities\.

Cryptocurrency Prediction and Volatility\.Addressing the evolutionary dynamics of crypto markets\[[17](https://arxiv.org/html/2605.20192#bib.bib68)\], our LSTM\-based multi\-modal framework responds to calls for advanced prediction methodologies\[[25](https://arxiv.org/html/2605.20192#bib.bib69)\]\. We contribute to time series forecasting literature\[[23](https://arxiv.org/html/2605.20192#bib.bib70),[47](https://arxiv.org/html/2605.20192#bib.bib72)\]by quantifying the marginal value of sentiment features beyond technical indicators\[[2](https://arxiv.org/html/2605.20192#bib.bib71)\], demonstrating both the potential and limitations of community\-specific data for crypto\-volatility modeling\.

## Appendix BData Specifications and Empirical Results

We detail the dataset structures and empirical benchmarks supporting the multi\-modal analysis\.

### B\-AMarket Data Structure

Table[I](https://arxiv.org/html/2605.20192#A2.T1)defines the quantitative financial variables extracted from Decentraland’s MANA token markets\. These time\-series features constitute the baseline price\-only model inputs\.

TABLE I:Numerical Data: MANA Price, Volume, Market CapNote:All price and market cap values are denominated in US Dollars\.

### B\-BSentiment Corpus Structure

Table[II](https://arxiv.org/html/2605.20192#A2.T2)outlines the Discord message schema\. The sentiment labels and scores are derived via LLM\-based classification of the Content field\.

TABLE II:Textual Data: Users’ Messages \(Discord Corpus\)Note:Sentiment labels and scores derived via LLM\-based classification\.

### B\-CModel Performance Benchmarks

Table[III](https://arxiv.org/html/2605.20192#A2.T3)presents the eight\-fold cross\-validation results comparing price\-only LSTM baselines against multi\-modal variants \(Price \+ Sentiment\)\. The average improvements indicate that sentiment features provide marginal but consistent predictive enhancement, though negativeR2R^\{2\}values in both configurations suggest substantial unmodeled volatility drivers\.

TABLE III:Comparison of Prediction Models \(8 Independent Runs\)Note:MSE scaled by10410^\{4\}for readability\. Legend:↓\\downarrow=Lower error/higher R2\(better\);↑\\uparrow=Worse\.

### B\-DTemporal Visualization

Figure[3](https://arxiv.org/html/2605.20192#A2.F3)displays the daily averaged sentiment scores derived from the Discord corpus \(Table[II](https://arxiv.org/html/2605.20192#A2.T2)\), revealing temporal fluctuations in community mood\. Figure[4](https://arxiv.org/html/2605.20192#A2.F4)overlays predicted returns from the multi\-modal model against realized returns, visualizing the systematic underestimation of volatility discussed\.

![Refer to caption](https://arxiv.org/html/2605.20192v1/fig/sa2.png)

Figure 3:Daily Average Sentiment Score \(Decentraland Discord Community\)\.![Refer to caption](https://arxiv.org/html/2605.20192v1/fig/n0.png)

Figure 4:Daily Token Return\.

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