For the first time, US residents can invest in memecoins through traditional brokerages. Trading will only get stranger from here.

For the first time, US residents can now invest in memecoins through traditional brokerages. Trading will only get stranger from here.

  • MonkderVierte@lemmy.zipEnglish
    2·
    2 days ago

    Look. Human is a smart ape, not a logical decision machine.
    And understanding topics indepth is exhausting and needs time, so a lot of influential or rich people make decisions based on mood or half-truths. Because of which, a lot more less important or rich people do the same (because ape brain thinks of such people as more trustworthy).
    Which is why things like Hypes happen, and in stock market too.

    So in short, it never made really sense. It’s all Hype.