With the “Bear Market Screaming Therapy Group,” we’ve now transcended language. Matt Hussey, editorial director of NEAR Protocol (and former editor-in-chief of Decrypt) responded to the news of the Telegram group with “#meIRL.” With the sharp downturn in the crypto market, yelling has become a coping mechanism for many crypto traders. This screaming therapy became popular after the surge of Goblintown Ethereum NFTs at the end of May or early June. Here, holders made incoherent groaning sounds in late-night Twitter spaces. They also role-played as urine-loving Goblin creatures. Although some crypto traders have moved toward screaming as a coping mechanism, several mental health experts call this therapy a pseudoscience. The crypto community finds its way to engage in one or the other way and share its feelings with other fellow members. Read now
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