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Topic: [2024-05-29] Crypto market to hit $200T within 10 years — Animoca co-founder (Read 137 times)

legendary
Activity: 4256
Merit: 1313
It is possible.  Ten years ago plenty of people scoffed at $2000/bitcoin.  We'll have to check back in ten years and see.
I don’t have 10 years lolol!!!


I hopefully have many times that ten years! lol.   The ETF rollout in the US demonstrates that once people begin to see the benefits it snowballs.  Going from way less than $0.01 to $70k in 15 years shows this effect.
member
Activity: 77
Merit: 10
It is possible.  Ten years ago plenty of people scoffed at $2000/bitcoin.  We'll have to check back in ten years and see.
I don’t have 10 years lolol!!!
legendary
Activity: 4256
Merit: 1313
It is possible.  Ten years ago plenty of people scoffed at $2000/bitcoin.  We'll have to check back in ten years and see.
hero member
Activity: 2954
Merit: 641
CoinMetro
Crypto market to hit $200T within 10 years — Animoca co-founder

Animoca's Yat Siu believes Asia is the fastest-growing Web3 market, while jurisdictions like the U.S. are lagging behind.



The value of the global cryptocurrency ecosystem will grow exponentially in the coming years and has a potential to grow up to 200 times in a decade, according to a co-founder of Hong Kong-based game software company and venture capital firm Animoca Brands.

The cryptocurrency market — currently valued at around $2.7 trillion according to CoinGecko — is likely to double or triple soon, Yat Siu predicted in the latest episode of The Valr Podcast on May 28.

“In the near term — within 12 to 18 months — we can conceive of a doubling or tripling of the space,” Siu said, expressing confidence that the industry will continue hitting new milestones afterward. He stated:

“Basically over a five or 10-year period, I'm expecting the space to accelerate, 100 to 200 times — to $200 trillion — or even bigger. I think we could reach that kind of number within a decade.”

The projected growth will be driven by billions of people who become digital property owners in the Web3 ecosystem, Siu said.

“It is entirely conceivable that we’re going to have a billion property owners because we’re going to have a billion token holders. This is not possible in the physical world,” the exec added.


read on @
https://cointelegraph.com/news/crypto-market-200t-growth-yat-siu-prediction
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