• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Scottie Pippen: Bitcoin's Next Stop is $1 Million

user avatar

by Giorgi Kostiuk

a year ago

Scottie Pippen, one of the most prominent NBA players, has predicted that Bitcoin's price might reach $1 million. Although not an authoritative crypto expert, Pippen's past predictions have been quite accurate.

Pippen's Prediction

Scottie Pippen believes that the next level for Bitcoin is $1 million, reasoning that its current market cap is just a small fraction of global assets.

You think you're late to Bitcoin because it hit $100,000. I think I'm early to Bitcoin because it's $1.7 Trillion Market Cap out of a total $900 Trillion in global assets. Next stop, $1 MILLION.Scottie Pippen

Past Predictions

Pippen has made predictions in the past that were nearly accurate. Notably, he claimed that by November 5, Bitcoin would trade above $84,000, which indeed surpassed that level on November 11.

What Awaits Us?

Despite Pippen's impressive prediction record, his claim that Bitcoin could reach $1 million soon is debated. Bitcoin would need to surpass gold by market cap. Experts like Galaxy CEO Mike Novogratz suggest it could take 5 to 10 years. Some analysts say such a surge could occur if the U.S. government creates Bitcoin reserves in 2025.

While Scottie Pippen's predictions intrigue, the crypto market remains highly volatile and unpredictable.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

New Proposal Envisions Base Token With Direct Voting Power Over Coinbase

chest

A new proposal by CoinDesk suggests that a Base network token could grant holders voting rights over Coinbase's corporate decisions.

user avatarJacob Williams

Experts Predict Resurgence of NFTs and Retail Investors in Crypto

chest

Experts predict a resurgence of NFTs and retail investors in the crypto market as conditions improve.

user avatarZainab Kamara

Details of the Proposed OP Buyback Mechanism Unveiled

chest

The Optimism governance team has unveiled details of the proposed OP buyback mechanism, which aims to redirect 50% of Ethereum revenue generated by the Superchain sequencer over a 12-month period.

user avatarSon Min-ho

Optimism Community Votes on Groundbreaking OP Buyback Proposal

chest

The Optimism community is voting on a proposal to allocate 50% of Superchain sequencer revenue for OP token buybacks.

user avatarAyman Ben Youssef

Hedera's Technical Advantages with Hashgraph Technology

chest

Hedera's unique hashgraph technology offers faster transaction speeds and lower costs, operating on a directed acyclic graph structure.

user avatarKaterina Papadopoulou

Institutional Adoption of Hedera Accelerates with Pilot Programs

chest

Banks and central banks are piloting projects on Hedera, indicating growing institutional adoption.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.