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Mimetic Theory Meaning

A philosophical concept suggesting that human desire is not original but is borrowed from others. We want things because we see other people wanting them.

In the crypto markets, this explains why bubbles and fads happen so fast. When you see a whale or a friend buying a specific coin, you subconsciously begin to desire it too.

This creates a feedback loop of social proof.

Understanding mimetics helps you recognize when a trend is driven by genuine innovation versus collective imitation.

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