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XRP $1.06 -1.50%
SOL $75.23 -1.53%
TRX $0.3240 -2.26%
DOGE $0.0719 -1.24%
ADA $0.1576 -2.16%
BCH $235.92 -2.31%
LINK $7.92 -0.84%
HYPE $63.17 -5.68%
AAVE $96.11 -0.22%
SUI $0.7258 -1.12%
XLM $0.1797 -2.97%
ZEC $500.72 -5.71%

Pantera founder: If BTC maintains its current growth trend, it could rise to $740,000 by April 2028

2024-11-27 16:13:13
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ChainCatcher news, according to The Block, Pantera founder Dan Morehead predicts that with "blockchain-supporting" U.S. President Trump returning to the White House, Bitcoin could soar to $740,000. He stated: "Bitcoin has completed three orders of magnitude growth, and another one seems possible."

According to Morehead's theory, Bitcoin has been on a trend line, and if it continues to maintain its growth pattern, its price could reach $740,000 by April 2028. Since Pantera began investing, Bitcoin has nearly doubled in value almost every year, with a compound annual growth rate of about 88%.

He added: "Relative to $500 trillion in financial assets, this number is not unimaginable." At a price of $740,000, Bitcoin's market cap would reach $15 trillion.

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