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XLM $0.1876 -2.25%
ZEC $1,241.58 +7.33%
BTC $78,986.97 +0.34%
ETH $2,489.73 +0.05%
BNB $750.79 -0.60%
XRP $1.42 +1.52%
SOL $103.80 -0.12%
TRX $0.3389 +0.10%
DOGE $0.0903 -0.62%
ADA $0.2181 -1.22%
BCH $257.30 -0.26%
LINK $12.04 -5.71%
HYPE $85.80 +1.54%
AAVE $128.52 -2.65%
SUI $0.8093 -2.23%
XLM $0.1876 -2.25%
ZEC $1,241.58 +7.33%

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

2024-11-27 16:13:13

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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