For some reason, Elon Musk stopped tweeting about DOGE and even Bitcoin, making people lose interest in crypto these days. Add to this the China miner ban, and regulatory action against Binance exchange and you'll see why the market hasn't gone up that much within the last 2 months (approximately). Bitcoin is still struggling to reach a new ATH, while ETH doesn't get past $3k per coin.
Sometimes I wonder if the crypto hype is over. "De-Fi" and NFTs are still a big hit, but interest/demand seems to be slowly declining. I'm guessing the next Bitcoin halving will "revive" the hype. But there's no guarantee this will happen since crypto behaves in many strange and bizarre ways.
Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you.
FUDs are created only to make big investors or whales to accumulate and store more cryptos are selling in a price but it doesnt even destroy the whole cryptoworld knowing that many enthusiasts are strong hands and know the market flow. Also knowing that plenty of countries now are adopting cryptos as mode of financial system, I dont think that crypto is over.Sometimes I wonder if the crypto hype is over. "De-Fi" and NFTs are still a big hit, but interest/demand seems to be slowly declining. I'm guessing the next Bitcoin halving will "revive" the hype. But there's no guarantee this will happen since crypto behaves in many strange and bizarre ways.
Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you.