$HYPE FOMO Effect (Fear of Missing Out)


This is the biggest psychological factor. When the price of a coin starts to climb due to positive news or rumors, social media (such as X/Twitter, Telegram, or YouTube) will immediately be buzzing about it.
Other investors who see this become afraid of missing out on the profit opportunity (fear of missing out).
They eventually buy in immediately without thinking, causing demand to spike drastically at the same time and forcing the price to rise even more sharply.
HYPE6.81%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments