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Understanding the Role of Hype Cycles in Degen Token Success and Failure.
Hype cycles play a crucial role in the success and failure of Degen tokens. Initially, early buzz and social media hype drive rapid price surges as investors rush in, fueled by FOMO. If momentum continues, influencers and communities amplify the excitement, pushing the token to new highs. However, without strong utility or long-term vision, the hype fades, leading to panic selling and sharp declines. Projects that sustain interest through strategic marketing, community engagement, and real-world applications can survive beyond the hype. Understanding these cycles helps investors and developers navigate the volatility, separating short-lived fads from sustainable crypto innovations. 1 reply
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