People form cults around all kinds of irrational things in real life. It’s not surprising they do it even harder in the most speculative, degen market there is. Narratives lead, price follows and price then reinforces the belief. In many phases, the best move isn’t to fight it or overthink it. It’s to recognise when a cult is forming and bet with it. You don’t need to believe, you need to understand the reflexivity.