LFG has two primary meanings in the cryptocurrency space: 1) as slang, it stands for "Let's F***ing Go," expressing enthusiasm and bullish sentiment toward crypto projects or markets; 2) it represents the "Luna Foundation Guard," a non-profit organization established in early 2022 to support the Terra ecosystem and maintain the UST stablecoin's dollar peg.
What Does FOMO mean
FOMO (Fear Of Missing Out) is a market psychology phenomenon referring to the anxiety investors experience when worried about missing potential profit opportunities, leading to emotional and impulsive investment decisions. This psychological state is particularly prevalent in cryptocurrency markets, typically triggered during rapid price increases, and represents a significant factor contributing to market bubbles and price volatility.
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