I'm also a crypto industry worker, but these days, the Korean crypto market seems to be really too dangerous. It is becoming more speculative than investment, very concerned. Along with the frenzy of cryptos following real estate and stocks, the gap between the rich and the poor is getting wider and wider, and this seems to flow in the opposite direction to the value we hoped for through bitcoin, which is very frustrating.
100% agree with this sentiment.
Not just in Korea, but pretty much everywhere else as well.
The NFT craze is simply unsustainable. Altcoin valuations are through the roof. And even the most fundamental (and sane) asset in the cryptosphere, BTC, is arguably entering frothy territory.
There will be a time when this speculative bubble comes crashing down, although it is not entirely certain when that will be. It could well be years given the current sentiment.