Cryptocrats Tyler and Cameron Winclevoss – Gemini, founder of the newly published crypto exchange, predicted it Bitcoin It reaches a price of $1 million per coin to “disrupt gold.”
I'll talk to you CNBC Friday, Tyler Winclevos I said The prices of major cryptocurrencies have come a long way since debuting crypto exchanges over a decade ago.
He pointed out that they both spoke. CNBC In 2015, when digital coins were trading at $350 per coin. It is currently trading above $116,000.
“I think it's ten times easier from here,” he said. “It's still really early, and I think we're sitting here in 10 years now and saying, 'Wow, today was really early.' ”
“It's still at the bottom of the first innings because if Bitcoin disrupts gold, we're looking at a million dollar deals to Bitcoin,” he added. “And I think Bitcoin is 2.0 gold.”
Camron and Tyler Winklevoss, perhaps best known for their role in creating Facebook, founded the Crypto Exchange Gemini in 2014, an early Bitcoin supporter.
Gemini launched its IPO on Friday, priced a $28 per share offering. The shares began trading on the Nasdaq Global Select Market under ticker Gemi on Friday afternoon, with the shares trading at $37.01 when they opened, giving the company a valuation of about $4.4 billion. At the time of this writing, the price was soaked at about $34.
New York-based Gemini allows users to buy, sell and wager future prices of digital coins and tokens. It also manages Crypto.
Cameron Winclevos added in an interview Friday that he believes Bitcoin will serve as a valuable piece rather than a payment system. Other prominent supporters, such as Jack Dorsey, co-founder of Block and Twitter; I don't agree on that aspect.
“I don't think it really needs to be a trading currency. It doesn't seem like you're trying to buy a cup of coffee with gold,” he said.
The Winklevoss twins are not the only crypto grade that has recently made big predictions about the future price of Bitcoin. Tom Lee, managing partner at FundStrat Global Advisors, also this week I said That Bitcoin could reach $200,000 by the end of this year.
Bitmex co-founder and billionaire Arthur Hayes has it I insisted The largest cryptocurrency, $250,000, is a realistic goal for 2025.
Bitcoin was recently trading at $116,507 per coin. According to Coingecko increases by 2% over 24 hours. Over the past seven days, flagship cryptocurrencies have risen by more than 5%. Bitcoin is about 6% below its August record high of $124,128.
