FOMO

<ul class="news-points"> 
 <li><strong>Traders were optimistic that now was a good time to purchase more crypto at a discount, Santiment revealed.</strong></li> 
 <li><strong>The market cap of altcoins may reach $425 billion within the next three months, an analyst noted.</strong></li> 
 <li><strong>Michaël van de Poppe mentioned that BTC’s momentum had slowed down and could give rise to ETH’s breakout.</strong></li> 
</ul> 
<p>Despite experiencing its fastest correction in the last 120 days, crypto traders are trying to capitalize on the widespread price drop, a Santiment post on X revealed. According to Santiment, the on-chain analysis tool, there has been a surge in “buy the dip” conversations between December 10 and the time of writing.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c9.png" alt="📉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Crypto</a> has experienced its fastest drop in 4 months as markets have corrected and caused mild trader concerns. There is a high level of <a href="https://twitter.com/hashtag/buythedip?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#buythedip</a> calls, which typically means that there is a bit of overeagerness and <a href="https://twitter.com/hashtag/FOMO?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#FOMO</a> on these low prices. <a href="https://t.co/cC2hJmSibv" target="_blank" rel="nofollow">https://t.co/cC2hJmSibv</a> <a href="https://t.co/9XjMbXfill" target="_blank" rel="nofollow">pic.twitter.com/9XjMbXfill</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1734093149054869662?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 11, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
<h2 class="wp-block-heading" id="h-altcoins-are-ready-to-dominate"><strong>Altcoins Are Ready To Dominate</strong></h2> 
<p>One reason market participants are interested in buying the dip could be connected to previous performances. A few weeks ago, when Bitcoin (BTC) slightly d…</p>
<p>The post <a href="https://coinedition.com/fomo-sets-in-as-crypto-prices-plunge-is-it-time-to-buy-the-dip/">FOMO Sets in as Crypto Prices Plunge: Is It Time To Buy the Dip?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

FOMO Sets in as Crypto Prices Plunge: Is It Time To Buy the Dip?

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Coin Edition

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