Tag Archives: FOMO

If you feel swept up in all the hype surrounding Ethereum’s impending upgrade, you aren’t alone. Google searches for “Ethereum merge” have seen an uptick over the past 12 months, recently hitting a peak. Along with all the interest, Ether’s price has seen a boost as well. It hit a two-and-a-half month high this morning when it neared $3,350. It’s currently trading at around $3,406, up 6% in the last 24 hours, and almost 19% in the last week. Why all the hype? Investors might be… Source link

The video game studio buying frenzy that’s erupted in recent weeks may just be an industry-wide case of fear of missing out (FOMO), according to analysts. January’s string of big and small deals for game developers has seen Take-Two () – the publisher behind heavy-hitting franchises like Red Dead Redemption and Bioshock, make a for mobile game giant Zynga. Not to be outdone, Microsoft () announced it would buy Activision Blizzard () for a that would unite franchises like Call of Duty,… Source link

Famed economist Nouriel Roubini argues that retail investors with “fear of missing out” are going to get crushed by investing in Bitcoin during its latest run higher. “We have, like in 2017, hundreds of thousands of retail suckers that are having FOMO (fear of missing out) going into this asset class. And they are going to buy it at peak like it happened in December of 2017 when it was $20,000 and fell to $3,000 by the end of the next year. So, it’s the same phenomenon — just people… Source link