[Domestic Market Sentiment Check] Fear and Greed Continue to Neutralize... Mantle and Tokamak Greed, Some Premiums Overheat

According to the Upbit market sentiment index, the market psychology is still at a 'neutral' level, continuing to explore short-term directions. As of August 5th, Upbit's Data Lab showed that the fear and greed index rose 1 point from the previous day to 'neutral (54)'. While the indicator remains in the neutral range, individual asset performances vary. In terms of assets, Virtual Protocol (VIRTUAL) recorded the highest 'fear' psychology with an index of 34, showing a slight recovery in investment sentiment compared to the previous day. The greed psychology was highest for Mantle (MNTL) at 79, with a 7-point decline from the previous day, somewhat reducing its upward momentum. Following were Tokamak Network (TON, 73), Cronos (CRO, 67), Stellar Lumens (XLM, 66), and Gas (GAS, 66). Notably, Gas surged 17 points from the previous day, reflecting strong buying sentiment. The 'fear' zone indicates assets with price drops and reduced trading volume, which some interpret as potential buying opportunities. Conversely, 'greed' assets show price increases driven by strong buying expectations, requiring investor caution. Upbit's premium showed overheating in some altcoins. GO Chain, Observer, and Rally recorded over 100% premium compared to global average prices, reflecting active domestic trading. DGB (+14.29%) and Napoli (+12.63%) also ranked high. Conversely, assets with lower prices compared to global markets included NCT (-5.26%), SUN (-5.26%), NKN (-4.17%), PUFFER (-3.76%), and RAD (-2.74%). This indicates that domestic investors' interest is concentrated on specific assets while some tokens are overlooked.