Bandwagon Effect

DeFi

The bandwagon effect is when people make choices based on what others are doing, often following the crowd rather than thinking for themselves.

Definition
The bandwagon effect is when people make choices based on what others are doing, often following the crowd rather than thinking for themselves.

Top tokens on optimism

  • USDC
    USDCUSD Coin
    $1.00$6.95M
  • WETH
    WETHWrapped Ether
    $1.84K$4.96M
  • USDT
    USDTTether USD
    $1.00$2.55M
  • WBTC
    WBTCWrapped BTC
    $63.83K$983.41K
  • USD₮0
    USD₮0USD₮0
    $1.00$402.61K
  • OP
    OPOptimism
    $0.095$233.42K
  • wstETH
    wstETHWrapped liquid staked Ether 2.0
    $2.29K$207.51K
  • EURC
    EURCEURC
    $1.14$129.60K
  • USDC
    USDCUSD Coin
    $1.00$118.41K
  • VELO
    VELOVelodromeV2
    $0.019$86.56K