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Title: [2024-05-29] Crypto market to hit $200T within 10 years — Animoca co-founder Post by: pangu on June 02, 2024, 10:33:23 PM Crypto market to hit $200T within 10 years — Animoca co-founder
Animoca's Yat Siu believes Asia is the fastest-growing Web3 market, while jurisdictions like the U.S. are lagging behind. The value of the global cryptocurrency ecosystem will grow exponentially in the coming years and has a potential to grow up to 200 times in a decade, according to a co-founder of Hong Kong-based game software company and venture capital firm Animoca Brands. The cryptocurrency market — currently valued at around $2.7 trillion according to CoinGecko — is likely to double or triple soon, Yat Siu predicted in the latest episode of The Valr Podcast on May 28. “In the near term — within 12 to 18 months — we can conceive of a doubling or tripling of the space,” Siu said, expressing confidence that the industry will continue hitting new milestones afterward. He stated: “Basically over a five or 10-year period, I'm expecting the space to accelerate, 100 to 200 times — to $200 trillion — or even bigger. I think we could reach that kind of number within a decade.” The projected growth will be driven by billions of people who become digital property owners in the Web3 ecosystem, Siu said. “It is entirely conceivable that we’re going to have a billion property owners because we’re going to have a billion token holders. This is not possible in the physical world,” the exec added. read on @ https://cointelegraph.com/news/crypto-market-200t-growth-yat-siu-prediction Title: Re: [2024-05-29] Crypto market to hit $200T within 10 years — Animoca co-founder Post by: cr1776 on June 04, 2024, 05:55:47 PM It is possible. Ten years ago plenty of people scoffed at $2000/bitcoin. We'll have to check back in ten years and see.
Title: Re: [2024-05-29] Crypto market to hit $200T within 10 years — Animoca co-founder Post by: snerd on June 22, 2024, 07:58:56 PM It is possible. Ten years ago plenty of people scoffed at $2000/bitcoin. We'll have to check back in ten years and see. I don’t have 10 years lolol!!!Title: Re: [2024-05-29] Crypto market to hit $200T within 10 years — Animoca co-founder Post by: cr1776 on June 28, 2024, 10:00:52 PM It is possible. Ten years ago plenty of people scoffed at $2000/bitcoin. We'll have to check back in ten years and see. I don’t have 10 years lolol!!!I hopefully have many times that ten years! lol. The ETF rollout in the US demonstrates that once people begin to see the benefits it snowballs. Going from way less than $0.01 to $70k in 15 years shows this effect. |