You use a lot of bot promotion bots to get the work of another author to trending therefor flag

...and on top of that the argument is silly. It´s like saying the dutch tulip crises wasn´t a bubble, because Goldman Sachs wasn´t in the market. You can´t just compare a set of assets and compare them to the rest of all money involved in all assets. That´s simply not relevant to the topic.

A bubble is a massive overvaluation of an asset in a given time interval. It´s more about the expected value of an asset and the willingness to take risks of the people on the market. Technically you can have a market cap of 1$ and still have a bubble.

What the graphic shows is how tiny the market cap is compared to other assets. It doesn´t tell us anything about bubbles or what not. In actual fact there are still mostly useless shitcoins out there. The more shitcoins the easier it is to reach a massively overvalued market. So, yes the talk about an upcoming bubble is reasonable.