I think your altcoin described phenomena is an intersection or symptom of new technology meet with gen Z or young generation's desire for instant rich mobility. Altcoin investment surge due to acceleration of wealth / status expectation on society, everyday people consume and crammed of instant wealth, multiple return, billion profit in one night, financial freedom narative in young age and last hack or early adopter tobe billioner. All this naratives creates expectation that wealth is not an accumulation of long work and can be achieved in one bull cycle. New generation face situation with slow economic condition such as wage stagnation, continuous inflation, living paycheck to paycheck, it makes traditional way of work hard, live minimum, do saving too slow and beyond hope, in their mind alt coin offering golden ticket, low barrier, and extrem potential surge of wealth. So altcoin / Build Team can be solution and shortcut to jack up social mobility. Asymnetric upside combined with instact expectation is a collateral damage, young investor forget about overconfidence bias, survivorship bias, and success bias and easily think that if its multiple, my life will change if lost than letas try again, like lottery think with technology coverage. I see altcoin as community based narative building movement not only asset and its create social pressure, when its play everything about fundamental of investing screwed, Investor forget about analysis, data and revenue because prioritize belief, vision and hope.
I think your altcoin described phenomena is an intersection or symptom of new technology meet with gen Z or young generation's desire for instant rich mobility. Altcoin investment surge due to acceleration of wealth / status expectation on society, everyday people consume and crammed of instant wealth, multiple return, billion profit in one night, financial freedom narative in young age and last hack or early adopter tobe billioner. All this naratives creates expectation that wealth is not an accumulation of long work and can be achieved in one bull cycle. New generation face situation with slow economic condition such as wage stagnation, continuous inflation, living paycheck to paycheck, it makes traditional way of work hard, live minimum, do saving too slow and beyond hope, in their mind alt coin offering golden ticket, low barrier, and extrem potential surge of wealth. So altcoin / Build Team can be solution and shortcut to jack up social mobility. Asymnetric upside combined with instact expectation is a collateral damage, young investor forget about overconfidence bias, survivorship bias, and success bias and easily think that if its multiple, my life will change if lost than letas try again, like lottery think with technology coverage. I see altcoin as community based narative building movement not only asset and its create social pressure, when its play everything about fundamental of investing screwed, Investor forget about analysis, data and revenue because prioritize belief, vision and hope.

I think your altcoin described phenomena is an intersection or symptom of new technology meet with gen Z or young generation's desire for instant rich mobility. Altcoin investment surge due to acceleration of wealth / status expectation on society, everyday people consume and crammed of instant wealth, multiple return, billion profit in one night, financial freedom narative in young age and last hack or early adopter tobe billioner. All this naratives creates expectation that wealth is not an accumulation of long work and can be achieved in one bull cycle. New generation face situation with slow economic condition such as wage stagnation, continuous inflation, living paycheck to paycheck, it makes traditional way of work hard, live minimum, do saving too slow and beyond hope, in their mind alt coin offering golden ticket, low barrier, and extrem potential surge of wealth. So altcoin / Build Team can be solution and shortcut to jack up social mobility. Asymnetric upside combined with instact expectation is a collateral damage, young investor forget about overconfidence bias, survivorship bias, and success bias and easily think that if its multiple, my life will change if lost than letas try again, like lottery think with technology coverage. I see altcoin as community based narative building movement not only asset and its create social pressure, when its play everything about fundamental of investing screwed, Investor forget about analysis, data and revenue because prioritize belief, vision and hope.

I think your altcoin described phenomena is an intersection or symptom of new technology meet with gen Z or young generation's desire for instant rich mobility. Altcoin investment surge due to acceleration of wealth / status expectation on society, everyday people consume and crammed of instant wealth, multiple return, billion profit in one night, financial freedom narative in young age and last hack or early adopter tobe billioner. All this naratives creates expectation that wealth is not an accumulation of long work and can be achieved in one bull cycle. New generation face situation with slow economic condition such as wage stagnation, continuous inflation, living paycheck to paycheck, it makes traditional way of work hard, live minimum, do saving too slow and beyond hope, in their mind alt coin offering golden ticket, low barrier, and extrem potential surge of wealth. So altcoin / Build Team can be solution and shortcut to jack up social mobility. Asymnetric upside combined with instact expectation is a collateral damage, young investor forget about overconfidence bias, survivorship bias, and success bias and easily think that if its multiple, my life will change if lost than letas try again, like lottery think with technology coverage. I see altcoin as community based narative building movement not only asset and its create social pressure, when its play everything about fundamental of investing screwed, Investor forget about analysis, data and revenue because prioritize belief, vision and hope.