The last time the Fear & Greed Index was at this level:
- Total market value: $800 billion
- Bitcoin price: $18,150
Since then, Bitcoin has quadrupled in price and altcoins have experienced explosive growth. History is about to repeat itself.
Here are 7 cryptocurrencies whales are quietly hoarding
The cryptocurrency market is extremely emotional. Many people become greedy when prices rise due to the fear of missing out (FOMO) and sell irrationally when prices fall. By using the Fear & Greed Index, you can avoid emotional overreactions.
Ranging from 0 (extreme fear) to 100 (extreme greed), the Fear & Greed Index reflects the sentiment of the crypto market:
- Low value ➜ Oversold
- High value ➜ Potential market correction
Therefore, it helps you answer a key question: Is now a good time to buy or sell?
Historically, this index has reliably indicated market tops and bottoms. In the case of Bitcoin, the greener the index is, the closer the price is to the top, and vice versa.
Currently, the index is at 27, the same value as in January 2023: the bottom of this cycle. This is when the whales start to act. I scanned many of their wallets and picked out the coins they hoarded most often.
Here are the 7 cryptocurrencies whales are betting heavily on right now
1. OK
- Field: RWA
- Price: $0.94
- Market capitalization: $1.34 billion
- Fully diluted valuation: $9.42 billion
2. AR
- Field: AI
- Price: $22.33
- Market capitalization: $1.47 billion
- Fully diluted valuation: $1.47 billion
3. PENDLE
- Field: DeFi
- Price: $3.47
- Market capitalization: $534 million
- Fully diluted valuation: $897 million
4. STX
- Field: BTC Ecosystem
- Price: $1.36
- Market capitalization: $2.01 billion
- Fully diluted valuation: $2.49 billion
5. RON
- Field: GameFi
- Price: $1.90
- Market capitalization: $637 million
- Fully diluted valuation: $1.9 billion
6. ENS
- Field: ETH Ecosystem
- Price: $27.22
- Market capitalization: $860 million
- Fully diluted valuation: $2.72 billion
7. FTM
- Field: Layer 1
- Price: $0.45
- Market capitalization: $1.27 billion
- Fully diluted valuation: $1.43 billion
in conclusion:
The emotional nature of the cryptocurrency market makes the Fear and Greed Index a powerful tool for evaluating investment opportunities. The current index is at 27, which indicates that the market is in a state of extreme fear, which is a good time for whales to quietly accumulate assets. Understanding the operations of these big players can provide valuable reference for your investment strategy. Before investing, make sure to fully analyze the market potential and risks of the token to make an informed decision.
