I do think there is an element of various narratives, uneducated, the get rich quick, those who follow hype, those who are just followers of Elon and then the cohort I mentioned above
What I do think though is regardless of their primary motivations for gettin in to doge the overall sentiment be it subconsciously is this is so broken it doesn’t matter, value doesn’t matter, if we just get enough people to flow into something it has value
It’s meme’ing investment and the fiat system. The sad thing is exchanges are jumping on and trying to profit from this
Yeah, but how could they not? When people are telling you to shut up and take their money, ya know?
Yeah I get it, if say coinbase doesn;t do it someone else will and take that profits, but what I am saying is theres no adult in the room, no ones there to put the breaks on