noun | krip·toh feer and greed in·dex
The Crypto Fear and Greed Index is like a mood ring for the crypto market - it tells you whether traders are shitting their pants in terror or frothing at the mouth with FOMO. It's the perfect tool for gauging the emotional state of the market, because as we all know, crypto is driven by rational, level-headed decision making and not at all by wild speculation and meme magic.
Example
"The Crypto Fear and Greed Index is like a Ouija board for degens - you can use it to summon the spirits of pump-and-dumps past and ask them for guidance on your next trade. Just don't be surprised if they tell you to YOLO into Dogecoin or something."
"I tried to use the Crypto Fear and Greed Index to impress my Tinder date, but she just looked at me like I was a crypto bro and then started talking about how she only invests in 'real' assets like gold and silver. I guess some people just don't understand the thrill of gambling on magic internet money. Their loss!"