What Does Hopium Mean? 

The term “Hopium” merges the words “Hope” and “Opium”, a drug. Used among online communities, “Hopium” is an internet slang term that is used to mock blind hope or optimism. 

The word “Hopium” can sometimes describe a fictional drug that one would take when in need of hope. 

What Does Hopium in Crypto Mean? 

In crypto, “Hopium” describes an investor who holds false, unwarranted hope in their investments. For example, “Hopium” describes an investor who believes a dead coin still has potential and will moon. The term suggests that the investor is blinded by denial.

The term “Hopium” is also related to “Copium”, which is used in a situation where an investor might not be able to “cope” with hard truths. While both terms share similarities in their usage, they are not related as they are used in different contexts. 

In essence, “Copium” refers to the coping mechanisms used to deal with an unfavorable situation. While “Hopium” is used to describe unfounded hope.

Connotation

The term carries a negative connotation as it is used to mock individuals with unrealistic hopes. Sometimes, the term is used to describe themselves in a self-mocking manner.

Examples

Here are some ways “Hopium” can be used:

• Some Hopium for the degens

• Here’s a bit of hopium for us all

• Wen BTC 100k #Hopium 

5x for #BTC will be $150,000 & $6Tr MC.

Not impossible but Easy on the hopium Dawg. https://t.co/mgpry4ROYz

— Crypto Coach 🐒📈💰 (@WisdomMatic) July 10, 2023