The tulip is the ancestor of Bubble Mart and NFT.

Found a very accurate interpretation of the 【tulip bubble】, which is scarcity + speculation with no losses = bubble.

"One could even say that even if there was no tulip bubble at that time, some other bubble might have emerged. It was just that the tulips at that time happened to have the characteristics of scarcity, with a physical basis for continuous price increases. It should be noted that continuous price increases are the best way to attract speculative funds. Because no one incurs losses, that is the best advertisement. However, in the end, everything must return to value."

Pop Mart and NFTs are both speculating on bubbles and value return in this way.