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Next Bitcoin Bull Run View Crypto Market Rise '10X ': Pantera CIO Will See
Joey Krug Pantiera Capitol
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Co-Chief Investment Officer of one of the largest investment firms of the cryptocurcion industry said that they expect that the next Bitcoin bulls expect cryptocurrency market cap to move 1,000 percent above its current valuation.
Joe Krugge of Panthera Capital predicted this during an interview with Bloomberg, predicting that the next surge could exceed the $ 2 trillion cryptocurrency market cap.
"If you look at that next bull run, I think the crypto space can reach 10x overall from here."
In the last market cycles, it is news that players of major financial industry such as Fidelity Investments and Intercontinental Exchange (ICE) were entering the Cryptocurrency space, speculative investment would increase, Krug said that he believes the market is currently Catapult a bull run waiting on solid adoption.
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To do this, he continued, the current situation of the development of the CryptocoRurrency network will be needed to achieve increased scalability similar to the Internet before the dial-up.