{"name":"Information Cascade Theory","symbol":"IC","description":"This post is going viral on X, there are so many posts surround it and it has its own trending page.  \r\nTHIS HAS NEVER BEEN DONE BEFORE. \r\n\r\nI found the perfect theory that describes what's happening here, and what we see in the trenches.\r\n\r\nA man spent five days waiting for a herd of wild boars to get used to a trap. A few went in first and nothing happened. Then the whole herd followed, he closed the gate, and he caught dozens of them at once.\r\n\r\nIn market terms, that’s the Information Cascade Theory. A few enter first and look like they're doing well.  That visible success becomes the signal everyone else follows, so the rest pile in without thinking. \r\nThen the gate closes and the late entrants are trapped.\r\n\r\nThis is what memecoins are, and the boars have explained the market perfectly. ","image":"https://gateway.pinata.cloud/ipfs/bafybeiac3xgc6lh7ibfqfi7mctas3nc7buekidh3am3ivugu5rjt3gcrbi","showName":true,"createdOn":"https://pump.fun","twitter":"https://x.com/barnsszn2/status/2109123608962371894?s=46","website":"https://x.com/i/trending/2108900672540410082"}