Bitcoin Price Could Reach $500K to $1 Million?

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Cryptocurrency Prediction from Binance Founder

Zhao Changpeng, the founder of Binance, predicts that Bitcoin could reach $500,000 to $1 million in this cycle. The cryptocurrency market is expected to exceed $5 trillion by the end of this year. Meme coin is currently a serious bubble with 99.99% expected to fail. AI technology and decentralized science (DeSci) are considered a long-term direction for blockchain, with AI deeply integrated into blockchain.

Zhao highly appreciates the cryptocurrency support policy of the Trump administration. The legal environment in the United States has completely changed compared to one hundred days ago. Regarding trading infrastructure, he believes that the scale of decentralized exchanges (DEX) will surpass centralized platforms, but they are different gateways into the blockchain world.

After serving four months in prison, Zhao no longer intends to return to the CEO position of Binance. He currently prioritizes guiding new founders and has no intention of leading any specific startup project. This content is only intended to provide market information and is not investment advice.

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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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