Scan to download
BTC $76,774.36 -0.19%
ETH $2,131.26 +0.59%
BNB $643.78 +0.00%
XRP $1.38 -0.74%
SOL $85.13 +0.38%
TRX $0.3563 -0.12%
DOGE $0.1044 -1.96%
ADA $0.2518 +0.59%
BCH $379.92 -1.63%
LINK $9.72 +2.04%
HYPE $47.84 +5.42%
AAVE $89.20 +0.88%
SUI $1.06 +1.54%
XLM $0.1468 -1.83%
ZEC $568.83 +7.44%
BTC $76,774.36 -0.19%
ETH $2,131.26 +0.59%
BNB $643.78 +0.00%
XRP $1.38 -0.74%
SOL $85.13 +0.38%
TRX $0.3563 -0.12%
DOGE $0.1044 -1.96%
ADA $0.2518 +0.59%
BCH $379.92 -1.63%
LINK $9.72 +2.04%
HYPE $47.84 +5.42%
AAVE $89.20 +0.88%
SUI $1.06 +1.54%
XLM $0.1468 -1.83%
ZEC $568.83 +7.44%

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

2024-11-27 16:13:13
Collection

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.

app_icon
ChainCatcher Building the Web3 world with innovations.