Yes that is true, though there is something to be said about manias and bubbles. They do tend to follow very similar patterns, though never EXCATLY the same. While blockchain tech is very much here to stay, just like the internet was, there is a lot of value being given to projects that likely won't ever produce any value at all, in the same way that many of the internet stocks got bid way up back in the late 90's. Eventually there will be a reckoning of sorts that separates the wheat from the chaff.
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