TL;DR
The ETH price surge is pure speculation, fueled by FOMO and reminiscent of past financial disasters like Enron and the 2008 housing crisis. Guaranteed riches in crypto are usually just polished lies.
Story
Another day, another crypto dream bursts. Remember 2008? Houses weren’t actually worth what people paid. Same with this ETH hype. The image shows a chart—a pretty picture, but charts lie. It promises a return to 2021 prices, suggesting a massive rally. They’re playing on FOMO (Fear Of Missing Out). ‣ FOMO: The overwhelming anxiety of not being part of the action. Think of it like a pyramid scheme: early investors profit, but the whole thing collapses under its own weight when there aren’t enough new suckers. People are saying things like “ATH incoming” ‣ ATH: All-Time High. and “we are all gonna be RICH!” This is pure, unadulterated greed-driven speculation. It’s classic manipulation, preying on hope and naiveté. These are the same tactics used by Enron to inflate stock prices. Remember them? They also used deceptive financial reporting, and it ended badly. Remember this: there’s no magic money tree. Past performance is not indicative of future results. This is not financial advice, just a cautionary tale.
Advice
Ignore the hype. Diversify your investments. Never put in more money than you can afford to lose. Treat every crypto “guru” with the skepticism they deserve.