Ethereum Price Rise Leads to FOMO in the Market

The recent rise in the Ethereum (ETH) price has caused Fear of Missing Out (FOMO) in the cryptocurrency community.

According to the information provided by Blockchain review platform Santiment, the price of Ethereum After April 2022 first time over 3 thousand dollars Its release was greeted with enthusiasm in the cryptocurrency community.

However, the price started to decline again before it could hold above this level for a very long time. According to TradingView data, ETH is still It is traded at $2,900 and to 3 thousand level continues to stay close.

According to Santiment, after the increase in the Ethereum price, it was shared on social media. Posts about buying Ethereum A significant increase was observed.

The price of Ethereum is moving upwards again after a small-scale decrease and investors to buy again start, according to the Santiment team indicator of FOMO happened.

source site-10