Definition:
Speculative value is value assigned to an asset based on anticipated future demand, hype, or resale potential rather than intrinsic utility or meaning.
Usage Context:
Seen in financial markets, digital assets, collectibles, art markets, and platform-driven trends.
Critical Note:
Speculation disconnects value from use. Price becomes a reflection of belief, momentum, and social signalling rather than substance.
Related Terms:
Artificial Rarity, Manufactured Demand, Commodification, Enshittification