Crypto hype can just be over and it's not over yet, many people join the system everyday and as day comes many gets to know about blockchain, though the hype as at last year isn't same this year but the hype escalated more in some countries. The more price increases the more the hype.
Yes. From what I've seen, this is a repetitive cycle. At times, people get excited about crypto and Blockchain technology due to new developments and services provided by mainstream companies. But after every period of excitement, comes a period of recession. This means that crypto behavior is similar to that of a roller coaster. Back in 2017, prices were in their ATHs with many investors joining the hype. But a year later, people lost interest in the crypto industry as fees were rising and transactions became slower than ever.
Now that development has improved a bit, there's hope that the hype will commence again. This year, I believe that there will be a surge in demand for crypto as many exciting events are about to happen. For instance, Bitcoin will halve its block reward by May, while Ethereum is getting closer to adopting PoS. Since the beginning of January, prices have been increasing at a slow and steady rate. Before you know it, people will be hyped about crypto and Blockchain technology repeating the cycle once more. As long as you manage to stay ahead of the game in crypto's latest developments, you'll be able to succeed in this wild venture. At least, that's how crypto land works. Just my opinion
