The Forces Behind The Swings

Hype and headlines play a big part in crypto’s ups and downs. A burst of good news – or bad press – can set prices off. So can a celebrity shout-out or a viral post. The ride might feel exciting, but remember: with prices, what goes up can come down just as fast. 

When memecoins launch with lots of hype, the fear of missing out can send prices sky-high – a real white-knuckle ride. 

Some cryptocurrencies have “whales” – big holders who make waves when they buy or sell. Others have had their prices pumped before the rug is pulled. This isn’t unique to crypto – it also happens with stocks and commodities like gold and silver. 

Even well-established cryptocurrencies see their price go up and down. Because crypto trades around the clock, prices can shift anytime – not just during traditional market hours. 

Stablecoins are a useful tool when you need a currency with a more predictable value.