Exploring "It's more uncomfortable not to buy, and more nervous after buying?" — The psychological battle behind the surge of knockoff coins

When SATS, NEIRO, AXL all take off, the market enters a familiar state:
"Seeing others make money is more painful than losing money oneself."
This is not really a market issue; it's a psychological issue.
The core driving force of the market right now is only one —
FOMO (Fear of Missing Out).
You will notice some interesting phenomena:
The more exaggerated the gain list, the more intense the discussion;
The more intense the discussion, the easier impulsive actions occur;
The more impulsive actions, the more volatile the market becomes.
Thus forming a closed loop.
So should you get on board?
The key is not "how much it has risen," but:
Is this rise driven by emotion or structure?
Currently, emotional factors clearly play a bigger role.
This means — the probability of rapid rise and fall is also higher.
A smarter approach is:
Don't chase what is "already hot," but look for those "just starting to move but not yet exploded."
To sum up:
The most expensive thing in the market is not the coin, but impulsiveness.