Rivian’s Stock Trajectory Mirrors Crypto Volatility as EV Hype Fades

Rivian Automotive's (RIVN) IPO frenzy echoes the speculative mania seen in cryptocurrency markets. The electric vehicle maker capitalized on Wall Street's Tesla-inspired euphoria, only to see shares plummet when reality set in—a pattern familiar to traders who witnessed Bitcoin's 2017 boom and subsequent crash.

The parallel extends to market psychology. Just as altcoins rushed to market during crypto bull runs, EV startups flooded public markets during the Tesla-led hype cycle. Both scenarios reveal how capital chases narratives before fundamentals catch up—with most participants burning out when liquidity tightens.

While no direct cryptocurrency mentions appear in this equity story, the behavioral economics at play mirror crypto market cycles. Speculative assets—whether EV stocks or meme coins—thrive on liquidity and collective belief before gravity inevitably returns.