Blockchain is having a moment. Simply by adding the trendy buzzword to a business name instantly inflates the company’s stock price – even when there’s not much beneath the surface. Hoping to capitalize on the cryptocurrency craze, such companies, experts warn are questionable. Regulators have their work cut out for them as companies declare their blockchain-based status.
Blockchain overvaluation
Experts warn the trend may lead to dot-com bubble-esque overvaluation. As the hype surrounding blockchain and bitcoin intensifies, more and more companies aim to attract investors blinded by crypto-fever.
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https://dowbit.com/blockchain-hype-launches-stock-prices/
