In the 1630s, the Netherlands was gripped by "Tulip Mania" (or tulpenwoede ), a period where speculation in tulip bulbs reached an extreme peak.

In the early 18th century, the Ottoman Empire experienced a "Tulip Era," featuring festivals and a deep cultural appreciation for the flower.

Turks cultivated them as early as 1000 AD. The name "tulip" is derived from the Turkish word for "turban," likely referring to their shape.

The market eventually crashed, turning "tulip mania" into a historical term used to describe any speculative market bubble. Horticulture and Growth