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BTC
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0.02%
2.69%
7.14%
ETH
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0.02%
0.83%
0.94%
BNB
$575.46
0.57%
1.36%
0.10%
XRP
$1.10
0.36%
2.00%
3.06%
SOL
$75.80
0.02%
0.52%
2.66%
TRX
$0.32285981
0.03%
0.97%
0.02%
DOGE
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1.41%
2.66%
ADA
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1.60%
7.78%
LINK
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0.24%
2.65%
LTC
$45.18
   /       /       /    What is Hype in cryptocurrencies?

What is Hype in cryptocurrencies?

Что такое Хайп (Hype) в криптовалютах?


Hype is a state of heightened informational buzz around a cryptocurrency project, coin, or trend. The English word means "to inflate," "to advertise loudly," and in the crypto context it describes a situation where everyone is actively talking about something: social networks, chats, media, and bloggers create a wave of attention that brings the topic to the peak of popularity.

Hype in itself is neither a plus nor a minus — it is merely a characteristic of the intensity of interest. However, it can noticeably affect the behavior of market participants: on a wave of general enthusiasm, people tend to make decisions driven by emotions and the fear of missing out, without delving into the essence of the project.

Why it is important to distinguish hype from fundamental value

  • The noise around a project does not always reflect the quality of the technology or the team.
  • A peak of attention is often followed by a rapid decline in interest.
  • Decisions made amid hype often turn out to be hasty.

A professional approach assumes that behind loud advertising one must look for the facts: the real purpose of the project, its technology, the transparency of the team, and the sustainability of the model. Then hype becomes not a reason for impulsive actions, but merely one of the signals that require independent verification.

27-07-2019
Glossary of Terms / Cryptocurrency Terms and Definitions

Cryptocurrency Terms and Definitions

Who are the hamsters in the crypto market?Who are the hamsters in the crypto market?What is a HYIP (High Yield Investment Program) in crypto?What is a HYIP (High Yield Investment Program) in crypto?What is the fear of missing out (FOMO) in cryptocurrencies?What is the fear of missing out (FOMO) in cryptocurrencies?What is inflating the hype (shilling, Shilling, hype) in cryptocurrencies?What is inflating the hype (shilling, Shilling, hype) in cryptocurrencies?

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