During a recent interview with cryptocurrency analyst Scott Melker, Dan Tapiero, an investor and cryptocurrency fund manager, expressed his confidence in the growth of Bitcoin.
He predicts that the first cryptocurrency could reach $300,000, and possibly even $500,000, in the near future.
To show his confidence in Bitcoin’s growth, Tapiero named his investment crypto fund “10T”, which represents his belief that Bitcoin’s market capitalization will reach $10 trillion.
He remains committed to this prediction, stating, “I was always sure that the figure would reach $10 trillion, that is, the rate would grow 30 times, up to $300,000 or even $500,000.
That’s why I named my fund like that.” He believes that Bitcoin will continue to grow beyond his initial prediction, and that a $10 trillion market capitalization could be exceeded within the next decade.
Tapiero’s prediction aligns with other notable investors, such as Tim Draper, who has emphasized his confidence in Bitcoin’s growth, with a prediction of $250,000 per Bitcoin.