In the short term, the stock market and the crypto are actually the same. For example, when XPeng released its robot, the price immediately rose from 90 to 110, and then returned to 80 a few days later. There are even MEME stocks like Sichuan University Zhisheng.
However, there is a significant difference in the long run. The vast majority of stocks have users and revenue, and short-term negative factors do not affect the long-term positive outlook on the fundamentals. Buying one share also makes one a shareholder and has shareholder rights. If the company is profitable, the stock valuation will naturally be high.
