The CEO of the investment firm, which has billions of dollars in assets under his management, predicts that the price of Bitcoin (BTC) will see seven-digit numbers, while the leading altcoin Ethereum (ETH) will see six-digits. cryptocoin.com As an expert, we convey the BTC and ETH comments of the expert…
Frank Holmes draws attention to leading altcoin Ethereum
Frank Holmes, head of US Global Investors, says that due to the scarcity of Bitcoin and its growing adoption, it could gain about 1,600 percent from current levels in the next decade. Holmes points out that Metcalfe’s Law is behind this. He says that the price of Bitcoin could increase exponentially as a result of its supply of 21 million. Holmes also uses the following expressions:
…PayPal allowed investors to buy Bitcoin fractionally. […] And now, ETFs have been approved that allow the general public to use, even though a derivative is a derivative. You can still buy some. All this allows for greater global adoption. So I think it could easily be a million dollars at the end of the road. It could be in the next 10 years.
The head of the investment firm, which has $4.6 billion in assets under management, also commented on the largest altcoin. He said he wouldn’t be “surprised” at Ethereum’s appreciation of about 2,250 percent from current levels, and gave the following statements in an interview:
[Ethereum için] I’m aiming for $100,000. Because the supply is locked. When you limit supply and there is greater adoption, these prices will increase as Metcalfe’s laws suggest. We will grow exponentially and this is what we are witnessing.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.