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Chief Commodities Strategist at Bloomberg Intelligence Mike McGlone X posted about Bitcoin, Dogecoin, and “2.4 million so-called cryptocurrencies.”
McGlone made a startling prediction about Dogecoin and other small-cap altcoins.
“2.4 million wanting Bitcoin” and Dogecoin for BTC
Message from Mike McGlone To the crypto community on X, it's about altcoins and memecoins in particular. He referred to both as “Bitcoin wannabes,” noting that there are 2.4 million of them on the market now.
He called them all “so-called cryptocurrencies,” noting that Dogecoin is one of them and that “future generations may view it as similar to the dot-com bubble.”
A Bloomberg expert noted that Dogecoin, which has a market cap of $68 billion, has “1,999 ideas.” He also called DOGE and similar cryptocurrencies “cryptocurrencies with unlimited supply” that will compete with Bitcoin (limited to just 21 million with over 19 million coins already mined) and precious metals – silver, gold, platinum and palladium, which, regardless. , of gold, belongs to the platinum group of metals.
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Bitcoin to $175,000 - $350,000 in 2025 per Robert Kiyosaki
On New Year's Eve, famous investor and financial expert Robert Kiyosaki made a bold Bitcoin price prediction, saying that in 2025 he expects the world's leading cryptocurrency to rise to at least $175,000 and possibly extend 2x growth, which is $350,000.
Thus, he doubled his price forecast of $350,000 that he announced earlier in December. Over the weekend, Kiyosaki revealed that The biggest market collapse has arrivedHe therefore urged the community to provide Bitcoin, silver and gold. On Friday, the best-selling author of “Rich Dad Poor Dad” tweeted that BTC has made him rich and will make him richer. He intends to continue buying BTC since this asset continues to rise even during a market crash.
Kiyosaki often refers to the money printing carried out by the Federal Reserve and the US Treasury, calling that printing "fake money." He noted that those who save "fake money" become poorer, while those who save "real assets", such as Bitcoin, silver and gold, become richer.
Today, Bitcoin managed to recover the $99,000 level after a significant increase overnight. So far, Bitcoin has recovered above the $101,000 price level.
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