【Today's Followed Coin】Creditcoin (CTC) big pump 16%……Greed Index 63 "Investment Sentiment Recovery"

Credit Coin (CTC) rose over 16% on the Upbit exchange on the 26th compared to the previous day, with a trading price reaching 494 KRW. The transaction amount was approximately 54.4 billion KRW, and the Upbit Greed & Fear Index increased to 63 points in the “Greed” range, indicating a significant improvement in investment sentiment compared to the previous day.

From the market trend, CTC has recently confirmed support in the 420 won range and successfully rebounded, recovering the short-term moving average. Trading volume has significantly increased compared to the previous day, showing clear signs of capital inflow for buying. However, there is still a gap with the medium-term moving average (600 won range), and whether the technical trend has changed still needs further confirmation.

Credit Coin is a platform that extends from the collateral-based traditional DeFi structure, introducing the concept of credit lending. Lenders can propose loan conditions within the blockchain network, and users' transaction records will be stored on-chain and used for credit assessment. CTC is a utility token used in the network for paying transaction record fees and registering loan products.

As of the 26th, the main virtual asset exchange prices are: Bitcoin (BTC) 13,124,000 KRW, Ethereum (ETH) 4,390,000 KRW, Ripple (XRP) 3,294 KRW, Solana (SOL) 208,600 KRW.

※ This article does not constitute investment advice, and the responsibility for investment results lies with the investor.