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Cryptomarket Valuation and Opinion 12-24-21

Market Data Highlights

Bitcoin opens at $50K. It hits lowest at $50K and highest at $51K and stable around $50K ~ $51K. The average transaction fee is $1.92 which is a 5.49% increase from 12-23-21. Fear and Greed level is at 41.

Ethereum opens at $4.0K. It hits lowest at $4.0K and highest at $4.1K and stable around $4.0K. The average transaction fee is $28.27 which is a 10.09% increase from 12-23-21. Fear and Greed level is at 46.

Also, you can view my 1 min video summary if you want to skip the reading:

Here are some highlights to support my analysis: 

NFT market highlights:

The NFT market is down a bit. But holiday makes the market up and up!

Today’s sentimental news and comments:

Bullish News ?

Dogecoin foundation releases a new roadmap. It seems Dogecoin is planning on something.

Big Four accounting firms enter the Metaverse to purchase virtual land in the Sandbox.

Bearish News ?

Rug pulls in 2021 have been increased and it becomes a bigger threat to the crypto.

Future Trend ?

Nearly 50% of the blockchain industry’s usage comes from games.

Bitcoin miners continue holding.

Scam Alert ⚠️

Scam: CryptoMafia_NFT

Reason scam: trigger users to release their private keys

Scam types: fake promoters, impersonate, steal private keys

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