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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. A vandalised bank during the 2019 protest. File photo: May James/HKFP. Earlier, crypto enthusiasts had created a self-described โmeme appโ dubbed โgmโ app wherein users would greet each other with โgmโ or โgood morningโ messages. However, in September 2021, the gm app was down after a hacker reportedly gained access to the user data. Just at this time, Bitcoin and the broader crypto market have dropped to new 2022 lows. The Bitcoin price has tanked 10 percent dropping to $20,000. On the other hand, the altcoin space is witnessing even more brutal correction. Bitcoin has dropped nearly 60 percent year-to-date and more than 70 percent since its all-time high in November 2021. A Hong Kong protester with a petrol bomb. File photo: Dylan Hollingsworth/HKFP.
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