The 100x obsession: Fundamentals grow in importance as crypto matures

60-second summary

Crypto's fundamentals are growing stronger, with increasing adoption and institutional investment, yet investors remain fixated on get-rich-quick narratives, often ignoring substance. Behavioral finance suggests this phenomenon is driven by the desire for instant gratification and the human tendency to prioritize stories over facts. This trend may be unsustainable as crypto matures and investors seek more reliable returns.