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. Matt Hussey, editorial director of NEAR Protocol (and former editor-in-chief of Decrypt) responded to the news of the Telegram group with “#meIRL.” Telegram channels enable users to broadcast messages to multiple users simultaneously. Like on social media, users need to subscribe to your channel to get access to your content published by one or more administrators. For crypto enthusiasts, there was the “gm” app, a self-described “meme app” which only allowed users to greet each other with “gm,” or “good morning,” a common acronym thrown around on Crypto Twitter and Discord. But the gm app was shut down back in September after a hacker reportedly gained access to user data. With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” their feelings.
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