[Today's Focus Coins] Polkadot(BORA) is strengthening… Fear and Greed Index at 94 "Extreme Greed"

TechubNews
BORA-3,1%

BORA shows a short-term surge trend, ranking high on the Fear & Greed Index. According to Upbit data, BORA was traded at 83 KRW in the Korean won market on the 19th, up more than 26% from the previous day. At the same time, the Fear & Greed Index recorded 94, indicating an “extreme greed” zone.

Trading volume also increased significantly. BORA’s 24-hour trading volume is approximately 36.8 billion KRW, with the highest price reaching 84 KRW and the lowest around 63 KRW. After a recent downward trend, the price has rebounded sharply, with short-term volatility expanding.

Besides BORA, the top of the Fear & Greed Index also includes BeraChain(BERA), Axie Infinity(AXS), Safe(SAFE), Magic Eden(ME). BeraChain ranks first with a Fear & Greed Index of 95, and BORA is second. This index reflects recent price volatility and trading flow, serving as a reference indicator for whether investment sentiment is overheated.

BORA is a blockchain-based digital content platform token used for purchasing digital goods and services within the platform. According to project information, BORA tokens are used for content circulation and platform ecosystem operation.

On the other hand, major virtual assets showed mixed gains and losses at the same time. Bitcoin(BTC) is at 13,736,000 KRW, down about 1.1% from the previous day; Ethereum(ETH) is at 4,745,000 KRW, down about 2.5%. Axie Infinity(AXS) is at 2,625 KRW, down over 6%; while BeraChain(BERA) is at 1,335 KRW, up about 4.8%.

※ This article does not constitute investment advice. Investment results are at the investor’s own risk.

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