Are Most Crypto Investors Following Trends More Than Technology?
The more time I spend in crypto, the more I wonder how many people are investing because they understand a project versus simply following the crowd. It often feels like strong narratives attract more attention than strong fundamentals.
Have you noticed the same thing, or am I looking at it the wrong way?
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Narratives definitely drive a lot of market movement.
AI, DeFi, NFTs, gaming, and meme coins: each cycle tends to have themes that attract attention regardless of fundamentals.
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