Why is 1111 popular?

Could you elaborate on the reasons behind the popularity of the number 1111 in the world of cryptocurrency and finance? Is it purely a matter of superstition or does it hold some deeper significance that resonates with investors and traders? I'm curious to understand the psychological and cultural factors that might contribute to its widespread appeal. Additionally, have there been any notable instances where the number 1111 has played a significant role in market movements or other financial events?