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"Bitcoin (BTC), will rise 30 times more"

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JH Kim
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  • Tim Draper stated that Bitcoin (BTC) will rise 30 times more than the current price.
  • He evaluated that Bitcoin is in its early stages and the current price is still low.
  • He explained that the mainstream adoption of digital assets leaves room for price increase.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

According to the cryptocurrency media Cryptobasic on the 29th (local time), American venture capitalist Tim Draper recently stated in an interview that "Bitcoin will rise 30 times more than the current price and will become the currency of the future." He said, "Bitcoin is still in its early stages, and the price is still low," adding that "the total market value of Bitcoin is not yet reaching 2 trillion dollars, and it is only a small part of the global economy dominated by legal currency." He further explained, "If digital assets become mainstream assets, there is room for price increase," and predicted that "BTC could be traded at 2.9 million dollars per unit, and it will be used in places where holders actually buy groceries and pay taxes." He emphasized that "especially with the election of Donald Trump and the new administration of Elon Musk, the role of blockchain technology will accelerate its mainstream adoption while invigorating the U.S. economy."

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reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.