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Crypto Will Achieve a $10 Trillion Market Cap This Cycle
Will the crypto volcano erupt and enrich early adopters? Here are some reasons to be confident that this goal is realistic
I won’t be surprised if this cycle's crypto market cap exceeds $10 trillion. In reality, I’d be more surprised if it doesn’t. Today, the crypto market cap sits at $3.25 trillion. So basically, it will need to triple to hit this landmark.
Many people will say it’s not going to happen this cycle or that it’s all going to go belly up because Trump is going to crash the economy, but I have a feeling they are wrong.
My money is where my mouth is, so I understand you are reading this from a biased source. I want the crypto market cap to exceed $10T, but my desires probably aren’t enough to get us there. But how does it get there? I’m about to show you that it won’t take much and share some of the logic behind my thesis.
It All Starts With Bitcoin
Today, the combined market caps of Nvidia, Apple, and Amazon are nearly $10T. Interestingly, if we look at the past 10 years, many of the large market cap gains occurred in certain years. For example, in 2019 and 2020, Apple‘s market cap grew by 72% and 75%, respectively. Meanwhile, Amazon’s…
