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So earlier someone asked what hopium really is. It's simple—this is a term we hear very often in the crypto community, especially when the market is down and everyone starts hoping and wishing.
Hopium is a combination of the words hope and opium, meaning a kind of drug that numbs our hope. In the crypto world, this term is usually used to describe investors who have blind hope that isn't based on their coins. For example, some still believe that a dead coin will moon even though it's clearly dead. That is hopium in practice.
If we look at the community, hopium is often used to mock people who cling to unrealistic optimism. The difference from copium is that copium is our mechanism for coping with harsh realities, while hopium is about hope that has no basis at all. People on hopium are usually blinded by denial, still believing there's a way out when there really isn't.
Looking at real examples on Twitter or Discord, people often say things like "Wen BTC 100k hopium" or a little hopium for today, especially when prices are dropping sharply. This term has a negative connotation because it's used to mock, but it also serves as a way for the community to talk about serious matters casually. So basically, hopium is a term that shows when we start hoping more than we should.