Yea, TikTok brain. I saw a study that showed since 2020(covid), the number of investors aged between 20-30 years has spiked cause of apps like Robinhood, 212 trading and eToro.
ETH has been a disappointment so far and I think it is lucky to see land between $5-6k. ETH could turn into the MySpace of gas tokens if they can not sort the fee out soon.
I've seen posts about sports betting, mainly ones where people lose all their crypto or stock portfolio and then start betting to try and make back losses quickly. I guess its all gambling, crypto, stocks, sports.
Seems like anyone who built on Ethereum for the most part has had to launch their own chain or I have seen ones launch side chains on something like Aribitrum.
The guys that I have talked to on the sports betting front have typically lost big. Even if they got up a bit they gave it all back when things didn't go their way.