On October 5, CryptoQuant founder Ki Young Ju posted on social media that "since the invention of the Internet, the impact of social media on financial markets has become more and more religious."。Elon Musk's Tesla, Satoshi Nakamoto's Bitcoin, and various crypto communities are typical examples。Companies are scrambling to get into social media in an attempt to form religious communities filled with blind faith。However, not everyone can be a prophet.。Most people fail to attract followers.。Especially in the crypto space, if internal efforts to expand their influence fail, they may hire opinion leaders (KOLs) externally to create false beliefs.。Very few projects have been successful at this point.。The impact of social media on financial markets will continue to grow。Since the community is made up of people, this religious color will also deepen。I believe that understanding how religion works will help to understand the future of financial markets。"