Most cryptocurrencies are “grotesquely overvalued,” according to pseudonymous Ethereum (CRYPTO: ETH) advocate Polynya. It’s “the craziest, most utterly-detached-from-reality, unhinged casino market the world has ever seen,” Polynya added. What Happened: The cryptocurrency space does not often face harsh criticism from one of their own. Long-time researcher and Ethereum advocate Polynya has been one of them, calling out cryptocurrencies for their “negligible product-market fit” in his latest blog post titled “Why most crypto assets are grotesquely overvalued.” He states the “vast majority” of t…
