CEX io Quiz Answers Today _Why People Care More About Price Than Product in Crypto_ 21 April 2025

CEX io Quiz Answers Today
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Task: "Why People Care More About Price Than Product in Crypto"
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Task Q2: Why People Care More About Price Than Product In Crypto
What becomes “the product” in the crypto market?✅ The price
What’s the typical reaction when asked “What does this coin do?”✅ “It’s going up”
What drives most people to buy into a rising coin?✅ FOMO
What do people often ignore when chasing gains in crypto?✅ What the coin actually does
What is usually more important than a product in crypto?✅ Price
How are price spikes often explained in the video?✅ Speculation, hype, and memes
According to the video, what drives most of the crypto market?✅ Speculation
What example is used to show how little people understand coin utility?✅ Bitcoin
Why do many people buy coins with no use case?✅ Because the price is going up
What kind of coin names were mentioned in the video as examples of hype?✅ FluffyCoin and MoonMeme
What’s the usual priority for crypto investors mentioned in the video?✅ Price movement
Why do people join meme coins despite their lack of fundamentals?✅ They don’t want to miss out