Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Pantera founder: Bitcoin price could hit $740,000 in April 2028

Pantera founder: Bitcoin price could hit $740,000 in April 2028

Bitget2024/11/27 01:02
BTC+1.16%

Pantera founder Dan Morehead predicts that Bitcoin could surge to $740,000 as “blockchain-friendly” US President-elect Donald Trump returns to the White House.

Morehead said its cryptocurrency-focused Pantera Bitcoin Fund has generated a historical return of 131,165% since its inception in 2013. "Bitcoin has completed three orders of magnitude growth," he said, "and another one seems possible." According to Morehead's theory, Bitcoin has been on a trend line, and if it continues to maintain its growth pattern, it will be in 4 by 2028 In March, its price may reach $740,000. Bitcoin has doubled almost every year since Pantera began investing, with a compound annual growth rate of about 88%.

“Relative to $500 trillion in financial assets, this number is not unthinkable,” he added. At a price of $740,000, Bitcoin would have a market cap of $15 trillion.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
A suspected single whale holds over 14.66 million HYPE, with a peak value reaching $870 million.
2
BitMine has accumulated nearly 380,000 ETH since the "10.11 crash"

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,373.05
+1.40%
Ethereum
Ethereum
ETH
$3,967.87
+2.75%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$1,121.2
+3.25%
XRP
XRP
XRP
$2.39
+2.19%
Solana
Solana
SOL
$190.62
+3.50%
USDC
USDC
USDC
$0.9999
+0.00%
TRON
TRON
TRX
$0.3190
+1.80%
Dogecoin
Dogecoin
DOGE
$0.1960
+4.91%
Cardano
Cardano
ADA
$0.6575
+4.51%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter