"$BLESS just pumped over 80% to hit0.0210, totally ignoring the flat broader market. But before we all get massive FOMO, let's look at why they are buying." means that $BLESS ’s price surged very sharply to around $0.0210, even though the overall crypto market was not doing much. The post is saying this kind of move can attract FOMO—the fear of missing out—but warns readers not to blindly chase the rally before understanding what is actually driving it.
In the context of the post, the writer believes the buying was driven mainly by social-media hype and speculative trading, not by strong project fundamentals or major technology updates. The mention of exploding volume, repeated spikes in derivatives activity, and a narrative that traders were being “forced” to buy suggests a momentum-driven pump, where people rush in because they see the price rising fast.
So the sentence is essentially a caution: yes, BLESS went up very quickly, but the post argues that the move may be based more on crowd behavior and leveraged speculation than on real underlying value. That is why the author is warning readers to be careful about jumping in late, because if the hype fades, the price could fall just as quickly.$BLESS
In the context of the post, the writer believes the buying was driven mainly by social-media hype and speculative trading, not by strong project fundamentals or major technology updates. The mention of exploding volume, repeated spikes in derivatives activity, and a narrative that traders were being “forced” to buy suggests a momentum-driven pump, where people rush in because they see the price rising fast.
So the sentence is essentially a caution: yes, BLESS went up very quickly, but the post argues that the move may be based more on crowd behavior and leveraged speculation than on real underlying value. That is why the author is warning readers to be careful about jumping in late, because if the hype fades, the price could fall just as quickly.$BLESS