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Ark Invest just released shocking crypto predictions.
The report suggests that the price of Bitcoin and Ethereum could surge by the end of the decade (see price targets below).
It’s true that Bitcoin and Ethereum should rise from here.
However, a group of next generation Crypto Moonshots offer explosive gains today…
Click here for my #1 Crypto Moonshot to BUY in February.
Ark Invest has become the leader in innovation investing.
The firm just released a 131-page research report on cryptos. It includes an extremely bullish outlook for the top two cryptocurrencies:
Ark Invest 2030 Price Targets:
- Ethereum (ETH): $187,000
- Bitcoin (BTC): $1,000,000
Those are big numbers designed to grab your attention.
Unfortunately, Ark Invest is focusing only on the top two cryptos. And the report fails to provide an outlook for next generation digital currencies that could be “the next Bitcoin.”
Let’s highlight a few things from the report…
Bitcoin Going to $1 Million
Ark Invest analysts write…
“Bitcoin’s market capitalization still represents a fraction of global assets and is likely to scale as nation-states adopt as legal tender. According to our estimates, the price of one bitcoin could exceed $1 million by 2030.”
Bitcoin trading volume increased by 470% in 2021. And the total transaction volume exceeded that for Visa (NYSE: V).
Bitcoin currently has a $712 billion market value. That makes this a tiny asset compared with gold ($10 trillion) or global equities ($106 trillion).
The following chart from Ask shows how the firm arrives at a $1 million Bitcoin price target…
Ethereum Going to $187,000
Bitcoin may be digital gold.
However, Ethereum is the crypto that will power most transactions on the blockchain.
“Ethereum could displace many traditional financial services, and its native token, ether, could compete as global money…As financial services move on-chain, decentralized networks are likely to take share from existing financial intermediaries. The beneficiaries of this shift include Ethereum, the base protocol, and DeFi, the decentralized applications built on top of Ethereum.”
Ark suggests that the price of Ethereum could soar as a result.
Ethereum has a $309 billion market value today. Yet Ark estimates that this could jump to $22.5 trillion by 2030.
That would translate into a price of around $187,000 for Ethereum.
Smart investors are getting positioned in the best new cryptos right now.
That means buying next-generation cryptos that are powering the blockchain, DeFi, NFTs and the Metaverse.
These are known as Crypto Moonshots…
And they’re already seeing gains of 5,146%… 7,933%… and even 12,254% in just 1-year!
Want to find the NEXT Crypto Moonshot – before it makes a huge move?
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Yours in Wealth,
Ian Wyatt