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According to Santiment, 2 Altcoins Have Big FUD: Prices Can Bounce! - Coin Newsletter
Increasing FUD in the case of the two altcoins may offer investors the opportunity to bounce by increasing the likelihood of prices moving in the opposite direction.
According to data provided by Santiment, there has been a large (korku of FUD, uncertainty, and şüphe)** in Chainlink (LINK) and Quant (QNT) tokens recently. This caused investors to panic, while prices declined in the short term. However, the market often moves against investors' expectations, which increases the likelihood of a short-term rebound for LINK and QNT.
While Chainlink has experienced a negative emotional intensity on social media only a few times this year, it appears to have had a significant impact on prices. Quant, on the other hand, was another altcoin that attracted attention, falling to the lowest sentiment levels since late March. Such periods of FUD can often be a harbinger of the market starting to move in the opposite direction.
Markets often move in the opposite direction to investors' moods. Therefore, this period of negative sentiment experienced by Chainlink and Quant increases the likelihood that their prices will bounce and move up. While investors' emotion-based panic can cause prices to fall down, this can also create opportunities.
In the altcoin market, investors often make emotional decisions. This, in turn, affects price movements in projects like Chainlink and Quant. The bounce that may come after a negative weather can create opportunities for investors.