This week I nominate @maico678 because ...
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Global daily cryptocurrency users reached a record high of 18.7 million in December. That number was 7.7 million at the beginning of the year.
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The appeal of meme assets is amplified by rising short-termism in the crypto market, a phenomenon that can be described as a 'speed trap'. In an investment world increasingly influenced by social media and gamified trading, group mentality and instant gratification have distorted the investor psyche, with retail speculators chasing quick gains at an accelerated pace. This phenomenon is not surprising, as it reflects a broader shift in the global economy towards on-demand goods and services. Just as consumers expect fast food delivery, retail investors now expect instant returns through mobile trading apps such as Robinhood.
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