A reference to anthropological studies of primates and humans that show their genetic predisposition to follow the crowd, particularly when in an excited emotional state. The actions observed when FOMO and herd mentality kick in, the brain disengages from logical reasoning and degens recklessly throw money at any Ponzi simply because everybody else is doing it.

Degen Chat

“Andre Cronje just launched an experimental new protocol that he is testing in prod and will probably get rugged, hacked or have a vulnerability… but might 100x first. I just aped in with half my net worth!”

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