Crypto FOMO

Crypto FOMO refers to the fear of missing out on profitable opportunities in the Cryptocurrency market. It drives investors to buy into cryptocurrencies due to the fear that they will miss significant price increases or lucrative investment opportunities.

For instance, if a particular Cryptocurrency experiences a sudden surge in value, investors may rush to buy it, fearing they will miss the chance to profit. This often leads to heightened market volatility and can result in irrational investment decisions.

Another case is during the launch of a popular project or Initial Coin Offering (ICO). As news spreads about the potential for high Returns, more investors flock to buy in, often pushing prices up even further due to demand.