And possibly market manipulation!

I suspect the entire crypto market is overvalued by any reasonable measure, the question is whether the value catches up to the price -- in which case, the sky's limit -- or whether the price drops to match the value, which isn't clear yet.

Good news is, only a tiny, tiny fraction of the world's wealth is tied up in cryptos. Finally, real companies are leveraging the technology. I suspect the sky's the limit. What do you think?