Fear and Greed Index Hits 79 As Solana And Cardano Holders Eyes New Star
The post Fear and Greed Index Hits 79 As Solana And Cardano Holders Eyes New Star appeared on BitcoinEthereumNews.com.
TLDR The Crypto Fear and Greed Index, designed to measure market sentiment, recently hit its highest level since 2021. Solana and Cardano are experiencing a surge in investor confidence, as evidenced by the increase in open interest and TVL activities. NuggetRush, a new project, offers investors a refreshing perspective on meme coin investments. The Fear and Greed Index aggregates market momentum, volatility, trend, volume, and social media data. It reached 79, its highest score since Bitcoin’s (BTC) ATH (all-time high) in November 2021. On a scale of 0 to 100, 50 is deemed neutral, with higher numbers signaling greed and lower numbers fear. With Bitcoin’s price rising and the global crypto market booming, traders are nearing a period of “extreme greed,” indicating a bull market climate. As this index reflects the significant shifts in investor emotions and behaviors, a fast-rising meme coin, NuggetRush (NUGX), has now caught the attention of Solana (SOL) and Cardano (ADA) holders. Meme coins are often known to have little to no utility. Still, NuggetRush flips the script by unveiling a community-owned play-to-earn (P2E) game that provides users with lucrative earning schemes, decision control, and data access. This article covers why Solana and Cardano’s investors are eyeing this new star amid the Fear and Greed index hitting 79. >> Buy NuggetRush Now << NuggetRush (NUGX): The Appealing Meme Coin NuggetRush, a relatively new cryptocurrency ICO, has gained the attention of several DeFi (decentralized finance) holders due to its sustained and steady growth. The presale has rapidly gone from the initial round to the current fifth and last round, with each NUGX token priced at $0.018. NUGX continues at its fast selling rate, with less than 15% of the tokens allocated for the presale left. This top cryptocurrency ICO has sold over 184 million tokens and raised…
Filed under: News - @ February 18, 2024 1:20 pm