Search Query: #volatility

The CBOE Volatility Index (VIX), which is considered the barometer of market volatility, spiked to an almost record high of over 65 in March 2020, in sync with the pandemic outbreak. Although the index declined through the rest of 2020 and in 2021, it surged more than 87% in the first half of 2022. VIX is commonly known as the “fear index,” reflecting the fear of uncertainty among investors. 

It’s always hard to predict the future. And in the case of predicting a token’s price, it’s much more difficult. There are so many variables that weigh in, from the overall market performance, regulatory decisions, mainstream press, and even the irrational crowd mentality that can bump or bust a stock/token price for no discernible reason.

As geopolitical events grab the headlines, market volatility continues to soar. You only need to look at the CBOE Volatility Index which stood at 33.86 on March 10, 2022 to see the effect. Furthermore, oil price volatility is at historic high levels, and global stock markets have been subdued due to rising global tensions.