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What is a Cryptocurrency Bubble?

Cryptocurrency has been a trend in the last few years due to its incredible flexibility for investment. What once was disregarded as something that was only for nefarious purposes has transformed into an internationally recognized market, with some currencies (such as Bitcoin) even having physical ATMs.

However, these successes are far from any criticism — in fact, Jackson Palmer (creator of Dogecoin, a cryptocurrency) is one of the biggest voices strictly against the cryptocurrency trend. In a 2017 article with the New York Times, Palmer goes further into his concerns about how the trend is headed straight for being a cryptocurrency bubble.

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