Crypto Market Sees Extreme Fear as Pepeto Offers Attractive Returns
The crypto Fear and Greed Index has dropped to 10, its lowest reading in 16 months, according to Blockchain Magazine. This indicates that the market is currently in a state of extreme fear.
As a result, some analysts believe that Pepeto, a new exchange, is offering attractive returns. The exchange has raised over $8 million and is approaching its Binance listing, with an entry price that analysts project to deliver 100x gains. Additionally, the SolidProof audit has confirmed every contract on the exchange.
Ethereum (ETH) and XRP are also experiencing significant price movements. ETH trades near $2,063, with wallets holding 100 to 100,000 ETH buying aggressively near $2,050 support. A break above $2,250 could open up further gains for ETH.
