According to Billionaire Mike novogratz, not only would Bitcoin recover from its present downward trend but he is forecasting a 20 fold increase in cryptocurrency market capitalisation. Figures shows that the highest market capitalisation ever witnessed was $900B, it would therefore take nearly a 20 times increase to attain the forecasted $20 trillion.
In my opinion, I think it's possible considering the fact that we only have about 7 to 11 crypto users presently and adoption rate is still minimal. With mainstream adoption, then $20 should be possible. This is just my opinion, please feel free to share yours?
Can we reach a $20 trillion market cap by 2028 ?
In my opinion, I think it's possible considering the fact that we only have about 7 to 11 crypto users presently and adoption rate is still minimal. With mainstream adoption, then $20 should be possible. This is just my opinion, please feel free to share yours?
Can we reach a $20 trillion market cap by 2028 ?
If you are talking about bitcoin market cap,no, I don`t think so.The govenment and central banks will always try to push the btc price down.If we are talking about the entire crypto market cap,20 trillion is a very ambitious goal,but it might happen after 10 years or more.I just want the crypto market cap to go back to 900 billion.I`m not that greedy.
What do you mean by "7 to 11 crypto users"?