@lavanzinn
Investors are lured by Degen tokens' allure of high rewards and thrill of speculation, driven by FOMO and hopes for quick wealth like with Dogecoin and Shiba Inu. The gamble aligns with a desire for excitement, fueled by community hype, memes, and influencers. Younger, tech-savvy investors are drawn to the volatility. Quick gains often overshadow long-term concerns.