Bitcoin (BTC) Can Reach $220000000000000 Market Cap in the Next Two Decades: Mike Novogratz

Mike Novogratz, the chief executive officer of Galaxy Digital, believes that Bitcoin can reach $22 trillion in market capitalization in the next two decades

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Mike Novogratz, the chief executive officer of Galaxy Digital, believes that Bitcoin can reach $22 trillion in market capitalization in the next two decades, and may even surpass gold’s market cap in the long run.

He credits the great wealth transfer for this massive shift. As per Knight Frank’s 2024 Wealth Report, millennials are set to inherit a massive $90 trillion in the next 20 years – the largest wealth transfer in mankind’s history.

However, unlike boomers who invested in conventional, risk-free assets such as real estate and gold, millennials are more adventurous when it comes to investment.

As a result of the current generation’s heightened risk-taking ability, we might experience a lot of inherited wealth flowing into crypto and digital assets, including, of course, Bitcoin.

Continue reading as we uncover more about Bitcoin’s price trajectory. We’ll also suggest a top new crypto – BTC Bull Token ($BTCBULL) – you can buy to make the most of Bitcoin’s growth.

Bitcoin Correction Was Much Needed

Bitcoin made an all-time high of around $109K around the time of Trump’s appointment as President of the United States.

This move was largely driven by Trump’s overarching promises to make the financial ecosystem more crypto-friendly. The new president’s pro-crypto stance was also why we saw the explosion of PolitiFi coins such as $TRUMP and $MELANIA.

After the initial hype, though, the crypto market saw a sharp fall, with Bitcoin reaching as low as $75K, a 25% decrease from its all-time high.

Interestingly, Novogratz believes that this correction was crucial to prepare Bitcoin for the next big bull run. At the time of writing, $BTC is comfortably above $100K and is looking set to reach fresh all-time highs.

Rapid corporate and government Bitcoin buying has meant that the asset is facing deflationary pressure, with supply shrinking at the rate of around 2.33% every year. The market is already absorbing all the mined $BTC while exchanges face liquidity issues.

Bitcoin’s warped demand-supply equation suggests that the next $BTC bull run is most probably just around the corner. So, this might be your last chance to hop on the Bitcoin train.

And if you want to not just board the train but also be seated in its presidential cabin, consider investing in the best Bitcoin-themed altcoin on the market today. Well, no prizes for guessing that we’re talking about BTC Bull Token.

What is BTC Bull Token ($BTCBULL)?

BTC Bull Token ($BTCBULL) is a new meme coin on presale and the biggest Bitcoin supporter we’ve seen in the entire altcoin space.

While other tokens like to only associate themselves with $BTC in a pinch, $BTCBULL is on a ‘ride or die’ basis with the king cryptocurrency.

That’s because it’s the ONLY crypto to offer free (and 100% real) $BTC to its token holders.

No, it’s not April Fool’s Day, folks! It really is true that if you buy BTC Bull Token and store your purchased tokens in Best Wallet, you’ll automatically receive free $BTC every time the developers issue an airdrop.

When Will $BTCBULL Give Out Free $BTC?

It’s worth noting that a BTC Bull Token airdrop will occur every time Bitcoin reaches a new milestone for the very first time. These milestones include price landmarks that are $50K apart – $150K, $200K, $250K, and so on.

Not everything about BTC Bull Token is unconventional, though. It follows in the footsteps of the best meme coins by having a deflationary model in place.

Essentially, the total $BTCBULL token supply will be reduced by a small percentage every time Bitcoin’s price rises by $25K.

This means that the first Bitcoin Bull token burn event will occur when $BTC reaches $125K, then $150K, $175K, $200K, and so on.

What’s the purpose of this? An artificial token burn mechanism ensures a constantly contracting supply.

As Bitcoin reaches new all-time highs in the coming weeks, demand for BTC Bull Token (because it’s offering free airdrops for the best crypto in the world) will most likely expand.

As you might have already guessed, the ultimate goal here is to ensure $BTCBULL