Santiment: As the cryptocurrency market plummets, social media shows a peak of FUD.

Sep 12, 2024 03:04:13

ChainCatcher message, Santiment posted on social media that the crypto market continues to plummet, showing a peak of FUD on social media. In just one hour, the mentions of "sell" on crypto forums outnumbered those of "buy," which is quite rare, and in the past 24 hours, the ratio of negative comments to positive comments has reached the highest level of 2024 so far. For more aggressive traders, this presents an opportunity, as some may wish to become true contrarian investors, buying the dip amidst the anger and frustration of the majority.

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