PANews news on March 28, crypto analyst PlanB tweeted that compared to the gold and real estate markets, Bitcoin appears to be severely undervalued. Bitcoin's market capitalization is $2 trillion, while gold's market capitalization is $20 trillion. Bitcoin's scarcity (S2F ratio) is 120 years, compared to 60 years for gold.
Analyst PlanB: Bitcoin appears to be severely undervalued compared to gold and real estate markets
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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