What is a Crypto Bubble?

A crypto bubble is a situation where the price of a cryptocurrency significantly increases over a short period, followed by a steep decline in price. This can be caused by speculation, where people buy the cryptocurrency to sell it at a higher price in the future. Here is a practical example: Imagine that a new cryptocurrency called "CryptoCoin" is created and begins trading for $1 per coin. A group of early investors become aware of the coin and begin buying…