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What are the factors that contribute to the calculation of the Shiba Fear and Greed Index?

avatarMohammed Fasal EDec 28, 2021 · 3 years ago1 answers

Can you explain the factors that are taken into account when calculating the Shiba Fear and Greed Index? How does this index work and what does it indicate?

What are the factors that contribute to the calculation of the Shiba Fear and Greed Index?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    The calculation of the Shiba Fear and Greed Index takes into account various factors that reflect the sentiment and behavior of investors in the Shiba Inu market. These factors include social media activity, trading volume, price fluctuations, market dominance, and market momentum. The index is designed to provide an indication of whether investors are feeling more fearful or greedy towards Shiba Inu. A higher index value suggests increased greed and bullish sentiment, while a lower value indicates more fear and bearish sentiment. It's important to note that the index is not a guarantee of future market movements and should be used in conjunction with other analysis tools. As an investor, it's crucial to conduct thorough research and consider multiple factors before making any investment decisions.