The market capitalization of cryptocurrency in 2030 is predicted to reach impressive levels based on the growth of leading digital assets like Bitcoin. Here are some noteworthy predictions:
- *ARK Invest's Bitcoin Price Prediction*: This asset management company forecasts that Bitcoin could reach $2.4 million by 2030, an increase of over 2,400% from the current price. They also provide different scenarios, including:
- *Optimistic Scenario*: $2.4 million with a compound annual growth rate (CAGR) of 72%.
- *Base Scenario*: $1.2 million with a CAGR of about 53%.
- *Pessimistic Scenario*: $500,000 with a CAGR of about 32%.
- *Jack Dorsey's Prediction*: The CEO of Block Inc. predicts that the price of Bitcoin will exceed $1 million by 2030.
- *Michael Saylor's Prediction*: The founder and chairman of Strategy predicts that the market capitalization of Bitcoin will reach $500 trillion, leading to a price of about $23.8 million per coin.
- *Standard Chartered's Prediction*: This bank predicts that Bitcoin could reach $500,000 by 2028.
These predictions indicate optimism about the growth potential of Bitcoin and the cryptocurrency market in the future. However, it should be noted that the cryptocurrency market is always volatile and hard to predict ¹ ².