From BitKane’s great piece on the BTCTC phenomenon “At the foundation, hype is needed to generate a cult like following. This leads to positively skewed volatility that can be used to drive price and issuance higher. Most often, in these types of market situations, narrative is the underpinning for the trend. It is the source for attracting and fueling FOMO type behavior. Together, these tools combine to form the classic underpinnings seen across almost all asset bubbles of our past.”(Sina 🗝️⚡ 21st Capital)