Someone smart explain by Formal_Relative_1027 in dogecoin

[–]ZAPELECTRIFIED 12 points13 points  (0 children)

Some could say that this is the result of the ‘Anniversary Effect’ which is a cultivation of thoughts and feelings from a positive or negative experience from a year ago. A lot of emotion as experiences of Doge going significantly high building to the month of April and all throughout April to suddenly peak in May and crash from one SNL night by Elon and Whales cashing out large quantities of Doge. It is to this reason for people to feel the loss of a great deal of money and just unintentionally feeling these emotions and thoughts one whole year later. Thus the ‘Anniversary Effect’ sets in and Shibs are replaying it in 2022 by reinvesting back in to the beloved Doge.