š ATOM suddenly gets momentumāup 11.5% in 24 hours, now trading at $1.566.
This burst of activity from Cosmos is pretty intense. While the overall market is still pulling back (BTC and ETH are both slightly red), it has pushed upward against the trendāclearly indicating that thereās money flowing into it specifically.
The Fear & Greed Index is still in the Fear zone at 29. In an environment like this, when a single coin rockets, itās either supported by real, tangible positive catalystsāor itās short-term funds trading and making a move. It can come fast and also leave fast.
Whether to chase or not is up to youādonāt get carried away just because itās up. The above does not constitute investment advice.
This burst of activity from Cosmos is pretty intense. While the overall market is still pulling back (BTC and ETH are both slightly red), it has pushed upward against the trendāclearly indicating that thereās money flowing into it specifically.
The Fear & Greed Index is still in the Fear zone at 29. In an environment like this, when a single coin rockets, itās either supported by real, tangible positive catalystsāor itās short-term funds trading and making a move. It can come fast and also leave fast.
Whether to chase or not is up to youādonāt get carried away just because itās up. The above does not constitute investment advice.