This. The amount of real money flowing in supposedly increasing by 5% per month is also not compatible with many real-world indicators of interest showing the opposite, including Robinhood's crypto revenue falling off a cliff.
Ironically, Robinhood's cryptocurrency revenue shouldn't be high in the estimation of _real_ cryptocurrency enthusiasts, what's the point of crypto if you don't/can't own your keys? Really lays the whole thing bare. FOMO.
It's like saying the internet is dying off because AOL's dialup customer base is shrinking.