TwitVid has announced the launch of its own realtime video search and video analytics features, as well as virtual gifting.

In case you are not familiar with TwitVid, it is a service commonly used by Twitterers for uploading videos that can be viewed from Twitter. The realtime search feature is pretty much what it sounds like. It aggregates all TwitVid, as well as YouTube video links that are currently being shared on Twitter. According to TwitVid, the proprietary realtime ranking algorithm then ranks the videos based on their relevancy to the search term, current popularity and buzz on Twitter, as well as by their freshness, with the newest videos ranking highest.