Tulip Bulbs, Bored Apes & Bubbles

Send us a textThe Dutch tulip bulb market bubble, also known as tulipmania, was one of the most famous market bubbles and crashes of all time. It occurred in Holland during the early to mid-1600s, when speculation drove the value of tulip bulbs to extremes. At the market’s peak, the rarest tulip bulbs traded for as much as six times the average person’s annual salary.Today, the story of tulipmania serves as a parable for the pitfalls that excessive greed and speculation in investing can lead ...