KEY TAKEAWAYS

1. A Kraken survey found that 84% of crypto investors have made decisions driven by FOMO, and 63% said those emotional choices hurt their returns.
2. Nobel economist Robert Shiller identifies crypto as a prime example of speculative bubbles fueled by psychological contagion and narrative momentum rather than fundamentals.
3. Social bots were found to be more predictive of LUNA price movements than human accounts during the 2022 Terra collapse.
4. Only 2.69% of cryptocurrencies meet the criteria for semi-strong market efficiency, leaving the vast majority of tokens structurally vulnerable to sentiment-driven price swings.
5. Dollar-cost averaging, independent research, and portfolio diversification remain the most effective defences…