Cryptocurrency investors are getting greedier as Bitcoin and other meme coins continue their strong bull run. The Crypto Fear and Greed Index has moved into the extreme greed zone of 85, and this trend is likely to continue in the coming weeks.
Bitcoin has soared to over $93,000, solidifying its position as the best-performing asset over the past 15 years. Similarly, Ethereum and Solana soared to $3,200 and $215, respectively.
On the other hand, investors focused on Vantardone of the fastest growing token sales this year, has raised nearly $1 million in the past few weeks.
Donald Trump and the Federal Reserve
Donald Trump and the Fed are the main reasons why the crypto fear and greed index has moved into the green zone.
Donald Trump won last week's election by a wide margin, becoming the first US president to be friendly to cryptocurrencies. He owns over $6 million worth of crypto tokens and is also raising funds for the World Liberty Finance project.
President Trump is therefore expected to appoint crypto industry-friendly regulators, which would be a breath of fresh air for an industry that struggled under Gary Gensler's administration. During his reign, Gensler sued numerous companies, including Ripple Labs, Immutable X, Uniswap, and Kraken.
The US Federal Reserve (Fed) is also contributing to the ongoing crypto rally. It has already cut rates twice this year, and analysts expect them to continue. In most cases, risk assets like cryptocurrencies and stocks perform better when the Fed is cutting interest rates.
Vantard token sale is in full swing
The ongoing crypto bull market explains why investors are flocking to Vantard, an upcoming crypto project that is raising funds from investors.
Vantard is inspired by Vanguard, a company whose assets have soared to more than $8 trillion over the past few decades. Its goal is to create the first meme coin index fund that tracks the best tokens in the industry.
This is a noble goal considering meme coins have been some of the best performing assets this year. For example, Dogecoin has soared more than 102% in the past seven days, while Pepe, Dogwifhat, Bonk, and Floki have soared more than 70% in the same period.
Analysts believe meme coins will continue to gain momentum over the coming months. VanEck's Matthew Siegel predicted in a statement today that Bitcoin will soar to $180,000 in 2025. His case is based on technicals and fundamentals, which he believes are strong.
One of the top fundamentals is continued Bitcoin ETF inflows. These funds currently hold more than $95 billion in assets.Bitcoin ETF holdings exceed $42 billion.
Therefore, if these predictions are correct, it means that other meme coins will also do well. For the most part, meme coins thrive when Bitcoin momentum is strong. You can buy Vantard tokens here.
