FOMO and Cryptocurrency Miners (Lee & Ryu 2025)

EPISODE · May 8, 2025 · 22 MIN

FOMO and Cryptocurrency Miners (Lee & Ryu 2025)

from Revise and Resubmit - The Mayukh Show · host Mayukh Mukhopadhyay

🎙️ Welcome to Revise and Resubmit — the podcast where research meets reality, and curiosity never gets desk-rejected! 📝✨English Podcast starts at 00:00:12Bengali Podcast Starts at 00:14:41Today, we’re diving into the high-stakes, hype-fueled, and meme-powered world of cryptocurrency mining. But wait — this isn’t just about hash rates and halving cycles. This is about psychology. About behavior. About that creeping, clawing feeling we all know too well: 😰 FoMO — the Fear of Missing Out.📈💸 In an electrifying new study titled “Fear of Missing Out and Cryptocurrency Miners: Evidence from Dogecoin and Litecoin”, authors Geul Lee and Doojin Ryu take us deep into the data mines — not for coins, but for clues. Using a cutting-edge quantile vector autoregressive connectedness approach (yes, that's a mouthful and a brainful), they show us how irrational forces might be driving even the most technical minds in crypto.🐶📊 When DOGE spikes, miners flock. When DOGE dips? Meh. And LTC? Even with a price surge, it doesn’t quite tickle the same neural circuits. Turns out, DOGE’s meme magic might be rewiring mining decisions, thanks to that irresistible tug of FoMO.🧠💥 This isn’t just some Reddit speculation — it’s peer-reviewed, data-backed, and published in the prestigious Journal of Behavioral and Experimental Finance, a respected name on the elite ABDC A journal list. That means this isn’t just cool… it’s credible.🙏 Huge thanks to the authors Geul Lee and Doojin Ryu, and to the publisher Elsevier, for bringing this brilliant work to light on April 30, 2025.📣 If you’re loving the blend of brains and bold ideas, don’t forget to hit subscribe on Spotify, catch our episodes on YouTube at Weekend Researcher, and find us streaming on Amazon Prime and Apple Podcast. 🎧🔥And now, the question that’s going to keep your neurons buzzing:👉 If FoMO can influence cryptocurrency miners — those algorithm-armed, profit-driven technophiles — what else in our economy might be silently swayed by emotion in disguise?👀 Stick around… we’re just getting started.ReferenceLee, G., & Ryu, D. (2025). Fear of missing out and cryptocurrency miners: Evidence from Dogecoin and Litecoin. Journal of Behavioral and Experimental Finance, 101059. https://doi.org/10.1016/j.jbef.2025.101059Youtube Channel⁠https://www.youtube.com/@weekendresearcher⁠Support us on Patreonhttps://patreon.com/weekendresearcher

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FOMO and Cryptocurrency Miners (Lee & Ryu 2025)

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