Not necessarily. Don’t confuse price with value. If someone pays $100,000 for a gallon of milk, that doesn’t make it worth $100,000. True, there may be a bigger fool that buys the same gallon of milk for $100,100, but it’s still only a gallon of milk. Eventually everyone notices it’s only milk. Same applies to tulips.
Value is not fixed. Value changes rapidly with time and place.
Value is subjective.
Bingo trendy things draws fools.