The predicted surge of Bitcoin (BTC) to $100,000 by 2025 has set the cryptocurrency community abuzz with excitement and skepticism. Today, we will look at this prediction by EtherNasyonal and figure out if it can come true. Furthermore, this article will highlight a new token with far better chances to grow faster.
Who Predicted That Bitcoin (BTC) Would Hit $100,000?
A prominent figure in the crypto space, EtherNasyonal, boldly stated his belief that Bitcoin (BTC) will reach the $100,000 mark by 2025. Citing historical trends as a guiding principle, he emphasized the influential nature of past market behaviors on future outcomes.
EtherNasyonal's prediction coincided with the recent Bitcoin price surge above the $38,000 threshold on November 30th. The momentum was sparked by renewed optimism surrounding the potential approval of a spot ETF and anticipations of rate cuts within traditional financial markets.
However, when we look at the numbers, is this prediction possible? Let's dive in.
Bitcoin (BTC): A Deep Dive
While there's a prevalent sense of optimism within the cryptocurrency community regarding Bitcoin's potential, reaching the $100,000 mark by 2025 might present formidable challenges. The Bitcoin price is $37,870, boasting a market cap of $740B, reflecting a modest 9% growth over the last 30 days.
To reach the projected $100,000 price point, Bitcoin would necessitate a significant surge of 170% from its present valuation. And when we consider that Bitcoin has not reached its all-time high of $64,000 since 2021, this rise could be hard to believe.
Correspondingly, its market cap would need to rise to $1.9T, signaling a demanding 99% growth from its existing value. Achieving such ambitious milestones within the speculated timeframe would demand an unprecedented capital inflow into the Bitcoin ecosystem.
This makes this Bitcoin price prediction a little less plausible. But, one project may also bring substantial gains in a faster time.
A More Practical Way To Make Gains
When looking at this price prediction for Bitcoin, we notice that the main problem is the high market cap requirement. Even if Bitcoin gains mass adoption, reaching the $1.9T market cap is hard. Because of this, tokens that possess smaller market caps but the same growth potential are in great demand. One such token is Pullix $PLX.
This project will introduce the first community-backed exchange where you can trade all assets (including crypto) without KYC checks. Pullix aims to create a community-oriented ecosystem with endless possibilities for passive income. For instance, all $PLX token holders will receive a percentage of each transaction made on the platform.
Another key feature is multi-currency staking as the platform allows users to stake $PLX and other tokens like Bitcoin within their market-making liquidity pool. Traders have taken note of these perks and are flooding the $PLX presale, as one token currently costs just $0.04.
As another advantage, Pullix also has a notably lower market cap of $8M compared to Bitcoin's $740B. This value means that $PLX has a higher chance for faster growth as fewer new funds are needed.
Pullix's connections to flourishing markets, such as the forex OTC market, cited as the world's largest by Baby Pips, fortify its solid foundation. Industry experts foresee an impressive 1,000% growth potential before the presale concludes, promising substantial returns for early $PLX buyers.
For more information regarding Pullix’s presale see links below:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
