For those who are bored with BTC and ETH, sometimes medium altcoins like MATIC, AVAX, and DOT feel more "fresh." Polygon continues to be used by DeFi and NFT projects, Avalanche is aggressively promoting subnets, and Polkadot has unique parachains. However, when the Fear & Greed Index shows a number of 15, many investors hold back. In fact, if you are confident in the potential of the technology, this "fear" situation could be a cheaper entry ticket. Of course, it should be remembered: altcoins are usually more volatile than BTC. If you are mentally prepared to face large fluctuations, perhaps this is the time to deepen your fundamental research.
#MATIC #AVAX #DOT #Altcoins #FundamentalAnalysis #BinanceSquare
This content is for informational purposes only and is not financial advice. Please do your own research (DYOR) before investing.