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Cryptomarket Valuation and Opinion 12-14-21

Market Data Highlights

Bitcoin opens at $46K. It hits lowest at $46K and highest at $48K and stable around $46K ~ $47K. The average transaction fee is $2.25 which is a 48.03% increase from 12-13-21. Fear and Greed level is at 28.

Ethereum opens at $3.7K. It hits lowest at $3.6K and highest at $3.8K and stable around $3.8K. The average transaction fee is $27.07 which is a 17.70% increase from 12-13-21. Fear and Greed level is at 30.

Here are some highlights to support my analysis: 

NFT market highlights:

The NFT market is quiet. The gas fee reduces a lot which makes the NFT market less profitable. Noticeable that Pepsi is on the OpenSea top 10 rankings now!

Today’s sentimental news and comments:

Bullish News ?

Before Shiba surpasses Dogecoin, the trading volume of Dogecoin spikes again.

Dogecoin is back in the top 10 cryptos.

As I mentioned in my article, I joined Deso early and its price was explored.

Bearish News ?

Solana network slows down due to its upgrade. Large transaction volume unstabilizes the Solona blockchain.

Bitcoin Metaverse game is excited but you may require to invest Bitcoin into the game at first.

Future Trend ?

The US debt is nearing $30 trillion.

Dogecoin is Tesla’s payment method now.

Scam Alert ⚠️

Scam: Minereum BSC

Reason scam: scam tokens cannot sell to fiat currencies

Scam types: fake token

Thanks for reading and see you tomorrow!

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