Greed Index Hits 80! Strong Signs of a Bullish Market Leads to Altcoin Expansion

The greed index is now at 80 points showing the “extreme greed” among investors, and it is followed by a strong bullish sentiment and an increase in crypto prices across the board. So, let’s see how the growing greed index affects the market today, and why it’s the perfect time to invest in emerging meme coins such as Pepe Unchained, Crypto All-Stars, Flockerz, and FreeDum Fighters.

The Fear and Greed index is a number that shows the current crypto market sentiment among investors worldwide. It was stable in the neutral position for months, with frequent dip below 40 points, which was always followed by a crypto token sell-off and a price dip. The index didn’t show any greed for months, but all of that has changed in the past week.

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Extreme Greed Among Investors – BTC Reaches New ATH

Bitcoin is currently trading at its all-time high just below $90,000, which means it gained over $21,000 in the past week, or nearly 30%. The gains came after Donald Trump became the 47th U.S. president, entering a phase of extreme growth a few days later, as the FED decided to cut interest rates by another 25 base points.

The Greed Index switched from “fear” to “extreme greed”, rising from 49 points to over 80 points in less than a month. If we look back at historical Bitcoin bull runs, every time the greed index reached this level, BTC entered a phase of extreme growth, pulling dozens of altcoins behind it. However, we had a 7 point spike in the index in October, which was followed by a 7% price dip a week after BTC reported smaller gains.

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Increased Greed = Rising Short-Term Trading Risks

The Fear and Greed index is a result of careful mathematics that incorporates various factors into the equation. That includes everything from volatility, Bitcoin’s market dominance, Google search trends, and social media discussions. In short, the index takes as much information as possible into account, assesses them in detail, and comes up with a number that reflects the thoughts of an average crypto trader.

Considering that the index is currently in “extreme greed”, it’s important to know that trading BTC right now comes with some extra risk. For example, cryptocurrencies are now in a spot where they can be overbought, which could lead to massive price fluctuations, including significant dips and frequent spikes. In such a setting, crypto assets can become overvalued quickly, and if their price pumps too high in a short period, it can be followed by a massive dip. Whenever that happens, many short term investors are caught off guard, and all of their profits easily turn into losses.

That’s why it’s always a good idea to exercise caution and remember that the prices are often driven by euphoria rather than actual value. Moreover, if the price pushes through a certain level, it can trigger a sell-off as traders rush to secure a profit. Since BTC is trading at $89,600 in the past 24 hours, investors are advised to follow the KPIs as closely as possible to avoid potential losses. The increased volatility is now pushing smaller investors away from BTC and other cryptos, and into emerging projects that are yet to go live and likely outperform the rest of the market. Let’s take a look at a few of the best crypto ICOs to join as the markets enter hyper growth.

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1. Pepe Unchained – Most Successful Meme Coin Presale Of All Time

When it comes to meme coin presales, Pepe Unchained just became the most successful ICO of all time, surpassing the previous record of $25 million by over $2 million in a matter of days. It has been extremely successful since its the world’s first Layer 2 meme coin built on its own blockchain, infused with excellent features that keep attracting investors from far and wide.

The project offers up to 100X faster transaction speeds at much lower costs than all other memes on the market, which will allow investors to get the most out of every buy/sell situation. Furthermore, it also offers excellent staking APYs of over 90%, giving users another method of earning native $PEPU tokens. Moreover, the recently-launched feature called Pump Pad will allow users to quickly create and launch their own meme coins on the same L2 chain without any coding knowledge, which could create a completely new meme coin environment in the near future.

The ongoing $PEPU token presale has raised well over $27 million in record time, and is quickly approaching $30 million, which would be a number never seen before. Make sure to visit the official site and grab your $PEPU tokens at $0.01259, as they could easily lead to 100X gains or higher after launch.

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2. Crypto All-Stars – Multi Meme Coin Staking Projects That Could Spark A Market Revolution

Crypto All-Stars is another excellent meme coin ICO that offers a unique staking protocol the niche has never seen before. Namely, its unique protocol dubbed “MemeVault” allows users to stake up to 12 different meme coins to earn native $STARS tokens as rewards. The project supports established memes such as DOGE, SHIB, BRETT, MILADY, and others, with more coming after Crypto All-Stars goes live.

The unique approach to staking is an ideal choice for long-term meme coin traders and enthusiasts as it allows them to put their tokens to work without any risks. However, if you choose to stake the native $STARS tokens, you will earn 300% higher returns. Therefore, the token will have excellent utilization, ensuring long-term growth and sustainability. The project is nearing the $3.5 million milestone, and you can grab your $STARS tokens for as little as $0.0015556

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3. Flockerz – Vote-to-Earn Meme Coin With Excellent Future Potential

The meme coin niche is evolving faster than ever, and Flockerz is another project with a unique approach. Instead of P2E, it’s designed as a Vote-to-Earn platform where the members of the “Flock” can earn rewards in the $FLOCK tokens simply for taking part in the DAO voting process.

The project will cast votes for all important decisions regarding its future, and every time you vote, you will earn native tokens. However, not all votes are the same. Investors with a higher amount of $FLOCK will be able to cast multiple votes, earn higher rewards, etc. You can also stake your $FLOCK tokens for an APY of over 1200%, so there’s plenty of options to earn a profit by joining this 100% decentralized meme coin community.

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4. FreeDum Fighters – The Next Big Project In The PolitiFi Meme Coin Niche

Last, but not least, we have FreeDum Fighters, an emerging PolitiFi meme coin inspired by the latest U.S. Presidential Elections. Users are required to choose between the two main protagonists – Magatron and Kamacop, and once they stake their $DUM tokens, they will enter one of two available reward pools to earn a profit if their favorite option wins.

The project will also reward community members for participating in weekly political debates, where the best arguments will result in secret token airdrops and other rewards. The platform has raised nearly $500K already, showing that there are plenty of investors ready to battle it out on the political debate field.

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The Takeaway

The Fear and Greed index has hit 80, which is the highest it was since the start of the 2021 crypto bull run. Of course, the current state of the market reflects the situation perfectly, as the total crypto market cap just surpassed $3 trillion, showing that investor confidence is growing rapidly.

If the situation continues to develop at this pace, BTC could hit $100k in the next week or two, which would mean massive gains for emerging cryptos such as Pepe Unchained, Crypto All-Stars, Flockerz, and FreeDum Fighters. Visit their official sites today and grab the tokens before they explode by 100X upon launch.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article