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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. With the administration mulling over limiting access to doxxing groups, a prominent Telegram doxxing group apparently went on a "revenge spree." Although some crypto traders have moved toward screaming as a coping mechanism, several mental health experts call this therapy a pseudoscience. The crypto community finds its way to engage in one or the other way and share its feelings with other fellow members. Matt Hussey, editorial director of NEAR Protocol (and former editor-in-chief of Decrypt) responded to the news of the Telegram group with “#meIRL.” While some crypto traders move toward screaming as a coping mechanism, many mental health experts have argued that “scream therapy” is pseudoscience. Scientific research or no, it obviously feels good.
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