The post GODS, Safemoon, Karrat lead as fear and greed index drops appeared on BitcoinEthereumNews.com.

As Bitcoin fell to $96,000 on Saturday and the market cap of all coins dropped to $3.1 trillion, the crypto fear and greed index dropped to 35. Meanwhile, the closely-watched altcoin season index fell to 44. While most cryptocurrencies were in the red, a few stood out at last check: Gods Unchained Gods Unchained (GODS) price formed a God candle as it jumped to a high of $0.30. That’s up by 212% from its lowest level this year. This rebound happened ahead of the Gods Unchained Battle Pass Season 1 whose presale will start on Feb. 10. Gods Unchained is a popular card game on the Immutable X (IMX) layer-2 network. According to DappRadar, the game had 6,640 unique active wallets in the last 30 days, and over 273,000 transactions. The developers expect the upcoming season and rewards to incentivize more gamers. Its surge pushed its futures open interest to $9.30 million — its highest level since July last year. GODS futures open interest | Source: CoinGlass Safemoon price rises as Karony seeks trial delay Safemoon (SFM) price also surged by over 82%, giving it a market cap of over $36 million. This rebound happened after former CEO John Karony asked the court to delay his trial citing the upcoming policy changes by the Donald Trump administration.  He asked it to move the trial from March to April this year, citing a statement by Hester Peirce who suggested that the SEC would consider retroactive relief in some cases. The Justice Department charged Karony and other Safemoon executives of misappropriating investor funds, committing wire fraud, and money laundering. In the aftermath, most exchanges delisted Safemoon, with most of its trading now happening in MEXC, PancakeSwap, Gate, and BitMart. As we wrote here, the thinly traded Safemoon token often pumps and then dumps.…

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Filed under: News - @ February 8, 2025 11:23 am