Maybe, investors are trying to join the ongoing trend or maybe they do not really care about the volatility in the market and are ready to take whatever profits or losses the crypto market has to offer.
Its stocks fell below US$152, back in March 2020 but recovered soon enough, and had one of its biggest price rallies in 2021, since September 2021, marking the fourth quarter of the year, the stock value fell vigorously.
Investors were mostly attracted to Meta, not because it is one of the largest companies in the world, but also because Meta is a tech stock, and generally, tech stocks project an escalated growth trend and are not expected to plummet so drastically.
Besides, its decentralized nature is also one of the many reasons why most investors are attracted to it.
Any intelligent investor would know that it is crucial to weigh the risks and rewards of investing and then put their money into the most accessible asset.