The 2017 crypto bull market was pure retail mania

The 2017 crypto bull market was a completely different era.
There were only around 1,300 coins, and even a website redesign announcement could send a token up 10x.
Total crypto market cap went from about $18B to more than $600B in one year.
Altcoins were doing 500x to 1,000x moves, while retail traders were maxing out credit cards and taking loans to chase the run.
There were no major institutions, no government adoption narrative, and no ETF flows driving the market.
It was pure retail FOMO.
For crypto today, the 2017 cycle remains the clearest example of how fast speculation can explode when liquidity, hype, and low market depth collide.