Why is Y2K fashion becoming such a hype all of a sudden?

I get the whole vintage love thing and 90s throw back but these ‘baby’ and pink aesthetic from Y2K all over overpriced Depop you see in teen and college girls I don’t get the hype?

Is it the new ‘popular’ youngster trend that will die out and get replaced or what?
Why is Y2K fashion becoming such a hype all of a sudden?
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