fomo will make people forget and will go with the flow even though it is very unlikely to be followed.
when there is money on a coin and it has experienced a high increase of up to more than 50% in 1 day there will be an idea that the coin will still move up.
when in fact it does not necessarily increase and tends to fall after the increase.
Many unaware traders falls from this scheme, whales and pumped groups are good in playing with traders emotions, with such increase they easily been moved to ride in.
It's the very common thinking that buying in such rush will benefits them and will not let them left behind, those who able to buy then sell as quick as they can will bring home the bacon, while those who are slow and greed will lose a lot.
You need tp be quick if you are riding with the fomo's the ride will be sort so know
your stop point and bring something to your investment.