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RE: Raoul Pal: $100 Trillion Market Cap of Crypto In 10 Years

in LeoFinance7 months ago

This is interesting. 100T market cap seems insane from a single company, but when considering the whole crypto, that does seem a bit low. BTC is already past 1T, and ETH is around 400B. Once ETH gets ETFs, it would be easy for it to reach 1T as well. Then we have to consider stablecoins that are increasing in popularity. These are the state while crypto is still not used by the majority of the public. Once it becomes more mainstream, the marketcap will increase significantly.

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What about tens of thousands of tokens having market caps of a million dollars each?

That would be the best case scenario.

It will be realistic. If we are tokenizing everything, there are going to be tens (hundreds) of thousands of entities that are worth over a million dollars.