Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

2025-05-12

Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

2025-05-12

Bitcoin remains undervalued, but taking a profit has begun: this metric says why

2025-05-12
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

    2025-05-12

    Why Wall Street Crypto will not embrace without privacy of zero knowledge

    2025-05-12

    R2 Testnet affects 10 million transactions with 200K+ users in weeks

    2025-05-12

    Miro announces a strategic partnership with Enac Network to bring about a revolution in Enterprise Web3 apps

    2025-05-12

    Ripple CTO predicts a big shift with ZK certificates: Details

    2025-05-12
  • NFT

    Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

    2025-05-12

    New details about Trump’s Memecoin leaks from the official website – this is what they intend

    2025-05-12

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Can the resistance crush and re -design the rally?

    2025-05-12

    XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

    2025-05-12

    Cathie Wood doubles Bitcoin objective on 2030, says that BTC still has ‘miles’

    2025-05-12

    Analyst reveals factors that will make it happen in 2025

    2025-05-12

    Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Web 3»A market pump + an increase in positive sentiment = stupidity
Web 3

A market pump + an increase in positive sentiment = stupidity

2023-11-14No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

TL; DR

  • When the market rises along with market sentiment, crypto holders tend to invest their new-found profits in riskier assets (like NFTs).

  • In late October/early November we saw price and sentiment in the market rise simultaneously, resulting in many speculative NFT projects being pumped.

  • Our takeaways? NFTs are not dead, and this is the first time we’ve felt a real sense of ‘bull market mania’ since late 2021/early 2022.

Full story

NFTs are back! Prices are rising and people are buying!

…but why?

Allow us to answer your question with another question:

Remember what it’s like to be given the freedom to make bad decisions?

Your parents leave you home alone as a teenager → you throw a crazy party.

You leave home → you subsist on ramen noodles and Froot Loops, until your medical/dental bills inevitably scare you.

The way things are going in crypto, everyone seems to feel like they have the freedom to make bad decisions when the following two things happen:

  1. The market is pumping

  2. Market sentiment is turning positive

Throughout most of September and October, we saw the overall market rise while sentiment remained mostly fearful/neutral (☝️), keeping overall stupidity low.

But as we entered November…

Sentiment shifted comfortably from ‘neutral’ to ‘greedy’ and everyone started taking their stupid pills again and investing the newly acquired profits in riskier assets.

(“Because why not!? The market is on the rise and sentiment suggests this won’t stop anytime soon!”).

As a result, many speculative NFT projects have skyrocketed, such as ‘EtherRocks’ (the Pet Rock of NFTs), which sold last Friday for 100 ETH ($209,000 USD).

See also  Vitalik Buterin addresses the controversy as Ethereum Foundation sells another 100 ETH

So what are the takeaways?

  • NFTs aren’t dead, they’re just in a coma.

  • It feels like we’re back (it doesn’t mean we are), But! This is the first time since late 2021/early 2022 that we have felt a real sense of ‘bull market mania’.

Feels good TB.

Source link

Increase market positive pump Sentiment stupidity
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Rooted in the south, built for the future

2025-05-12

XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

2025-05-12

.888: The domain for ambition and prosperity

2025-05-12

Insight into DNS, Onchain + Web3 domains

2025-05-12
Add A Comment

Comments are closed.

Top Posts

Shiba Inu Experiences Bearish Volatility Amidst Surge In Whale Activity! Here’s The Next Level For SHIB Price

2023-09-08

Meta pauses launch of European AI assistant due to regulatory concerns

2024-06-15

Trump’s Bold Move on a Bitcoin Strategic Reserve Could Bypass the Fed – What’s His Plan?

2024-12-25
Editors Picks

Altcoin season coming soon? Here’s what Bitcoin needs to do to spark the alt rally

2024-10-15

Former Goldman Sachs Executive Says ‘Clear’ Bull Trend About To Manifest For Crypto And Technology Stocks

2023-05-28

What could be causing a new decline?

2023-06-16

DAOs need checks and balances to have better governance

2022-10-18
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

Bitcoin remains undervalued, but taking a profit has begun: this metric says why

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,590.83-1.54%
  • ethereumEthereum(ETH)$2,481.33-1.25%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.536.54%
  • binancecoinBNB(BNB)$659.281.24%
  • solanaSolana(SOL)$173.770.03%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.229645-1.34%
  • cardanoCardano(ADA)$0.810.91%
  • tronTRON(TRX)$0.2716712.28%
  • suiSui(SUI)$3.95-1.85%
  • chainlinkChainlink(LINK)$16.71-2.39%
  • avalanche-2Avalanche(AVAX)$24.77-0.19%
  • stellarStellar(XLM)$0.3114271.57%
  • shiba-inuShiba Inu(SHIB)$0.000016-1.99%
  • hedera-hashgraphHedera(HBAR)$0.2134853.03%
  • the-open-networkToncoin(TON)$3.35-1.88%
  • piPi(PI)$1.186.70%
  • hyperliquidHyperliquid(HYPE)$24.65-1.25%
  • bitcoin-cashBitcoin Cash(BCH)$410.170.43%
  • polkadotPolkadot(DOT)$5.05-1.00%
  • litecoinLitecoin(LTC)$104.434.06%
  • unus-sed-leoUNUS SED LEO(LEO)$8.572.81%
  • moneroMonero(XMR)$337.001.60%
  • pepePepe(PEPE)$0.000014-0.97%
  • bitget-tokenBitget Token(BGB)$4.80-2.14%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • uniswapUniswap(UNI)$6.86-0.55%
  • bittensorBittensor(TAO)$454.44-1.74%
  • nearNEAR Protocol(NEAR)$3.170.88%
  • aptosAptos(APT)$5.84-0.68%
  • aaveAave(AAVE)$220.81-0.01%
  • okbOKB(OKB)$54.25-1.65%
  • ondo-financeOndo(ONDO)$1.02-1.71%
  • internet-computerInternet Computer(ICP)$5.71-1.16%
  • kaspaKaspa(KAS)$0.115526-1.82%
  • ethereum-classicEthereum Classic(ETC)$19.77-1.08%
  • mantleMantle(MNT)$0.80-0.56%
  • gatechain-tokenGateToken(GT)$21.930.20%
  • crypto-com-chainCronos(CRO)$0.1012052.73%
  • render-tokenRender(RENDER)$5.15-2.65%
  • vechainVeChain(VET)$0.030880-1.33%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.253698-1.53%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.92-6.17%
  • ethenaEthena(ENA)$0.385594-5.47%
  • usd1World Liberty Financial USD(USD1)$1.000.47%
  • filecoinFilecoin(FIL)$3.13-0.56%
  • algorandAlgorand(ALGO)$0.2418500.65%
  • cosmosCosmos(ATOM)$5.23-1.39%
  • bitcoinBitcoin(BTC)$102,590.83-1.54%
  • ethereumEthereum(ETH)$2,481.33-1.25%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.536.54%
  • binancecoinBNB(BNB)$659.281.24%
  • solanaSolana(SOL)$173.770.03%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.229645-1.34%
  • cardanoCardano(ADA)$0.810.91%
  • tronTRON(TRX)$0.2716712.28%
  • suiSui(SUI)$3.95-1.85%
  • chainlinkChainlink(LINK)$16.71-2.39%
  • avalanche-2Avalanche(AVAX)$24.77-0.19%
  • stellarStellar(XLM)$0.3114271.57%
  • shiba-inuShiba Inu(SHIB)$0.000016-1.99%
  • hedera-hashgraphHedera(HBAR)$0.2134853.03%
  • the-open-networkToncoin(TON)$3.35-1.88%
  • piPi(PI)$1.186.70%
  • hyperliquidHyperliquid(HYPE)$24.65-1.25%
  • bitcoin-cashBitcoin Cash(BCH)$410.170.43%
  • polkadotPolkadot(DOT)$5.05-1.00%
  • litecoinLitecoin(LTC)$104.434.06%
  • unus-sed-leoUNUS SED LEO(LEO)$8.572.81%
  • moneroMonero(XMR)$337.001.60%
  • pepePepe(PEPE)$0.000014-0.97%
  • bitget-tokenBitget Token(BGB)$4.80-2.14%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • uniswapUniswap(UNI)$6.86-0.55%
  • bittensorBittensor(TAO)$454.44-1.74%
  • nearNEAR Protocol(NEAR)$3.170.88%
  • aptosAptos(APT)$5.84-0.68%
  • aaveAave(AAVE)$220.81-0.01%
  • okbOKB(OKB)$54.25-1.65%
  • ondo-financeOndo(ONDO)$1.02-1.71%
  • internet-computerInternet Computer(ICP)$5.71-1.16%
  • kaspaKaspa(KAS)$0.115526-1.82%
  • ethereum-classicEthereum Classic(ETC)$19.77-1.08%
  • mantleMantle(MNT)$0.80-0.56%
  • gatechain-tokenGateToken(GT)$21.930.20%
  • crypto-com-chainCronos(CRO)$0.1012052.73%
  • render-tokenRender(RENDER)$5.15-2.65%
  • vechainVeChain(VET)$0.030880-1.33%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.253698-1.53%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.92-6.17%
  • ethenaEthena(ENA)$0.385594-5.47%
  • usd1World Liberty Financial USD(USD1)$1.000.47%
  • filecoinFilecoin(FIL)$3.13-0.56%
  • algorandAlgorand(ALGO)$0.2418500.65%
  • cosmosCosmos(ATOM)$5.23-1.39%