I see a lot of people saying we are not early in cryptocurrency and that the bull run is it's ATH. This is the same thing people say every 4 years, and then they ask themselves what they haven't bought 4 years ago.
Crypto will never stop reaching new ATHs. Most coins have a market cap and a built in supply shock to them. They are also fully independent of governmental policies causing inflation.
We are definitely very early because 2 trillion is not a valid market cap for such an asset. Especially when the stock markets have a market cap of 95 trillion. To say the least, a market cap of just 10 trillion would already push 5-10 times the ATH of Bitcoin.
Plus other solid projects like ETH and Cardano would probably be pushing 15-20x it's price with a bigger market cap. Sadly there are a lot of people who don't seem to consider the potential of crypto.
What's better is that this market cap is inevitable. Crypto has grown 1000%+ in terms of market cap the last year alone. A market cap of 10 trillion would still be undervalued for crypto considering the stock market would 10x still be bigger.
TLDR: Crypto can still literally 10-50x from here in a matter of a few years. We are extremely early in terms of market cap and adoption. Seeing the growth of crypto the last year alone just shows how rapidly we can reach that goal.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments