> It’s. Just. Not. That big of a deal. There are trailing indicators and leading indicators. The fact that something like Dogecoin can be invented as a joke (

> It’s. Just. Not. That big of a deal. There are trailing indicators and leading indicators. The fact that something like Dogecoin can be invented as a joke (according to its investors) and be said to have a market cap of over $8 billion is an indicator - that's 8 "unicorns". Bitcoin's market cap is over $350 billion. You are right that it has to be seen in the context of global finance, but other parts of global finance were bubbly at the end of last year, and if there's confusion over that, Dogecoin's 8 billion dollar market cap is an indicator, even if eight billion dollar is not that much in the context of global finance.