Recently we can see that meme coins which have no fundamental or usecase are gaining popularity over solid project. Now i have a question- what is most important in crypto? hype or fundamental? And how can I identify that hype of any project is at it's last stage?
Well buddy it is very easy to check if the coin is already on the chart with a new ATH and still outperforming the market but the volume is getting lower this indicates that the coin is potentially in its late stage of hype, there some other things to note as well but you can identify by the volume in a few glances. Hype and fundamental both are important in crypto in parallel to perform. I've seen many projects fundamentally and statically with tokenomics super strong but not performing well why? becasue there is no strong marketing behind them like currently DOT, ADA and some other projects.
Hype brings volume which is the core factor for the performance and when it brings volume if the coin is fundamentally strong the Long-term investors take entry and support the project as the backbone, Just hype will bring a temporary boost in the other end. We can into further detailed information if needed to discuss it I'll be looking for your reply.