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Author Topic: What if meme tokens Never became a thing?  (Read 137 times)
TastyChillySauce00
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November 08, 2021, 04:44:30 AM
 #21

All of money will have divided to the whole of legit crypto that exist in the market. I will not say that all of money will be going to the bitcoin as we have bunch of legit altcoins other than it. Bitcoin will not become the only option to put all of those money. Im sure that people will be diversifying their asset. It doesn't mean such money can bring the price of bitcoin to the 80k instantly. There will be lots of process before bitcoin will be going to that price. Im thinking about the possible scenario to make whole of altcoins and bitcoin massively pumped by people. You can imagine the volume that owned by shit meme tokens will be going to the all of cryptos.
The possible thing to make the price of bitcoin will be worth 70k - 75k rather than goes to the 80k in a short time. Bitcoin needs billion amounts of money to pump it.

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November 08, 2021, 06:08:41 AM
 #22

It could even be counted. You just need to add up the market capitalization of the tokens or coins you are talking about and check how much this sum would increase the market capitalization of Bitcoin.
I think this amount would be able to raise Bitcoin's price to around $80k or maybe a little higher.
It is indeed still possible to happen to Bitcoin because in this year Bitcoin has been able to be at $65K which is a very extraordinary thing and not so far away from being at $80K although basically it still takes time to process.

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