Throughout the years crypto influencers have been using the word Bubble another word for cryptocurrencies (mainly bitcoin). From their perspective, there’s a far higher price of crypto coins and other digital assets than what their “real” value would be. Many skeptics believe that most cryptocurrencies have no real value at all. As the industry began to grow, many of the cryptocurrencies traded in the market had a high value until quite recently. The total market cap across all crypto was as high as $800 billion back then. But crypto isn't really finite, so there really is no way to attach an intrinsic value to it. Accusations of a crypto bubble are often informed by a belief that the sole purpose of cryptocurrency is speculation. Some people think that the prices will inevitably come down, leading them to believe they're in a crypto bubble.

However, cryptocurrency applications and use cases are expanding on a daily basis, and crypto aficionados believe that the technology and its related tokens will be demonstrated to have actual worth. Ethereum is likely the best illustration of this, serving not only as a currency for speculation, but also as the foundation for a complete ecosystem of decentralised financial and computing services.