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.
Look around you and notice how big investors from other financial platforms are rushing to Cryptocurrencies, it's because they all see the future and want to be one of the revolutionaries who change the financial cycle. They all invest to get something in the future, they will not let the investment go to waste. If the hype ends, it might be best to take a short break. Indeed, we are no longer busy with tweets, or issues from countries regarding Cryptocurrency developments. Perhaps more accurately, Hype always uses a period of time, then it seems as if it goes out and then appears when everyone is asleep. Surprisingly the crypto industry and so on come and go without saying goodbye to the hype.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.