The Five Stages of a Market Bubble (and Where Crypto Stands)

Image: Marko Aliaksandr (Shutterstock). Article by Jeff Somers. Lifehacker – February 25, 2022.

Depending on whom you ask, blockchain technology is either a revolutionary and disruptive development or a meaningless marketing term representing an overhyped concept. Whatever you think of the underlying technology, you can’t deny that blockchain-based assets like cryptocurrencies—and more recently, non-fungible tokens (NFTs)—have exploded. At one point, a single Bitcoin was worth more than $68,000, and NFTs have sold for millions of dollars. But crypto prices are the very definition of volatile […]

Click here to view original web page at lifehacker.com