The crypto industry’s current market cap, according to asset tracking platform Coinmarketcap, is about $2.6 trillion, with Bitcoin (BTC), the largest cryptocurrency, claiming about half of the market cap at $1.3 trillion. With the approval of the first spot Bitcoin ETFs on January 10, 2024, the market surged past its previous all-time high of $69000 in March 2024.
Also, the upcoming halving, estimated to occur on April 19, 2024, is highly anticipated by all in the crypto community as a factor that could cause a surge in price. Therefore, with all these factors, many crypto enthusiasts are optimistic that the token is ripe for an explosion in price. One such crypto enthusiast is Robert Kiyosaki, who believes Bitcoin has the potential to surge above $2 million.
Robert Kiyosaki Endorses Cathie Wood’s Bullish Price Predictions For Bitcoin (BTC)
Robert Kiyosaki has supported the bullish prediction of Cathie Wood, founder of Ark Invest and popularly regarded as Crypto Mom. Ark Invest recently forecasted the cryptocurrency price to surge to $2.3 million in its annual Big Ideas research report.
In an X (formerly Twitter) post, Kiyosaki endorsed Wood’s prediction, saying that she’s smart and he trusts her judgment. However, Kiyosaki is aware of the volatility of crypto assets, stating that Cathie could be wrong in her predictions. She also upped the figures on her prediction since then, stating that the price of Bitcoin will skyrocket to $3.8 million. However, for this prediction to become a reality, large investors must convert at least 5% of their portfolio to Bitcoin (BTC).
Back in January 2024, she also forecasted that the coin could surge to $1.5 million when the spot Bitcoin ETFs were approved. While many have criticized Cathie’s dreamlike bullish prediction in the king of cryptocurrency, Kiyosaki, in the X post, applauded her for her courage. He also believes that all who listen to Wood will be better educated about Bitcoin (BTC).
Kiyosaki had previously predicted that Bitcoin (BTC) would surge to $300,000 in 2024. While all these predictions are based on facts like the Bitcoin halving and the spot Bitcoin ETF approval, which will open up the token to fresh investors, they are still a speculation. Therefore, it’s essential to always do your research before investing in any asset.
ETFSwap (ETFS) To Surge To $1 According To Experts
ETFswap (ETFS) is a blockchain project that aims to bridge decentralized and traditional finance by tokenizing exchange-traded funds (ETFs). The tokenized ETFs will be a direct representation of the traditional ETFs on-chain, enabling investors to track their progress and make sound trading decisions.
The platform will also feature fractional ownership, leverage trading, and seamless swapping services.
ETFS, the platform native token, will function as a standard ERC-20 token, serving the purpose of utility and governance.
The platform held a private sale event for its native token and raised $750,000 in investment from two institutional investors and three angel investors. Immediately after the private sale, stage 1 of the public presale kicked off, with the platform offering the token at a low price of $0.00854 per coin.
At stage 2, the token will be sold at a higher price of $0.01831, ensuring profit for all first-round participants. Over 17.5 million tokens have been sold, showing an increased user interest in the platform and prompting experts to speculate that its price could surge to the $1 mark soon. With all these features and optimistic predictions by experts, it is terrific news that the presale event is still in stage 1, enabling all investors to join in early on this project that can transform their portfolio.
For more information about the ETFS Presale: