Tate and Iggy consider the plunge as dread and greed index drops

Hey there, crypto lovers! Let’s communicate about the most recent updates on the Mother and DADDY tokens!

DADDY, connected to Andrew Tate, faced a rough working day on Friday, dropping by a lot more than 20% to hit a record low of $.074. Its marketplace cap also took a strike, slipping from around $362 million to just $84 million. On the other hand, Mother, supported by Rapper Iggy Azelia, saw a minimize from $.2340 to $.0666. Its industry cap dropped from $246 million to $66 million on Friday.

Inspite of currently being shown on Wintermute and Cash.ph, these tokens struggled to manage their benefit.

With concern gripping the crypto sector, both of those DADDY and Mom took a strike. The crypto anxiety and greed index dropped to a neutral level of 52, indicating amplified dread amid buyers. This fall from the calendar year-to-date higher of 91 shows that traders are inclined to shy absent from cryptocurrencies all through situations of uncertainty.

What’s the most current on the crypto fear and greed index?

Let us Chat Bitcoin and Altcoins

The crash impacted lots of cryptocurrencies, with Bitcoin dropping to $63,000, its least expensive stage since May well 15th. Other major cash like Chainlink, Solana, and Cardano also seasoned declines, together with meme coins like Pepe, Beercoin, and Bonk.

Now the issue continues to be – will DADDY and Mother tokens bounce again or carry on their downward pattern?

Irrespective of the present market sentiment, there’s optimism that these tokens could rebound in the limited phrase as traders get benefit of the dip. A important comeback might occur if Bitcoin regains strength and surpasses $70,000.

Notable crypto bulls like Michael Novogratz predict that Bitcoin could soar to $100,000 if it breaks the earlier all-time superior of $73,600. Fascinating periods ahead!

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