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AWE Surges 7.5%, Tops Upbit Greed Index as Altcoin Momentum Builds
AWE reached 101 won on Upbit, closing near session highs with 2.49B won turnover, while the fear-and-greed score hit 80. The move highlights selective altcoin rotation as majors trade mixed.
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AWE (AWE) jumped 7.56% on Friday, closing at 101 won on Upbit's KRW market. The token topped the exchange's fear-and-greed index with a reading of 80, placing it in the extreme greed zone. That combination of price gain and sentiment score made AWE the standout mover among altcoins on the day, with 24-hour turnover reaching roughly 2.49 billion won.
The intraday structure showed early dip-buying. AWE opened near 94 won, quickly defended that level, then pushed to a high of 102 won before closing near the session high. The daily high and closing level formed in close proximity, a pattern that traders often interpret as sustained short-term demand, TokenPost reported.
The broader KRW market was mixed. Bitcoin rose 1.18% to about 95.426 million won. Ethereum gained 1.57% to roughly 2.646 million won. XRP added 1.16% to 1,652 won. Solana slipped 1.20% to 246 won, and Tether edged down 0.07% to 1,492 won. With majors lacking a uniform direction, capital rotated into smaller-cap names with specific momentum, as detailed in AlphaScala's crypto market analysis.
AWE was not alone in the greed zone. Kaito scored 79, Arbitrum 75, Sentient 73, and Uniswap 68. At the other end of the sentiment table, Infinit, Moonbirds, Adventure Gold, Taiko, and ZKPass registered lower readings. The report highlighted a bifurcated market where positioning is selective rather than broadly bullish.