abbr. Fear of Missing Out.
A psychological phenomenon where traders or investors feel anxious about missing a chance to profit or make a successful investment. Under the influence of FOMO, they often make impulsive token purchases during rapid market growth or hype around a project, fearing they might be left out. This behavior increases market volatility and can contribute to the formation of price bubbles.
A psychological phenomenon where traders or investors feel anxious about missing a chance to profit or make a successful investment. Under the influence of FOMO, they often make impulsive token purchases during rapid market growth or hype around a project, fearing they might be left out. This behavior increases market volatility and can contribute to the formation of price bubbles.