10T Holdings CEO Dan Tapiero Says Bitcoin Price will Reach over $300k
Dan Tapiero is known for his authority on macro investment analysis. He has recently shared projections related to the cryptocurrency sector during an interview with Scott Melker. It is worth mentioning that he founded DTAP Capital and worked as a managing partner and CEO at 10T Holdings.
His equity fund consists of mid-to-late-stage digital asset ecosystems or DAE enterprises. Some of the noteworthy crypto enterprises added to the fund are Nova Labs which managed the Helium network and various Animoca leading brands.
The Daily Hodl has published a new article that has listed crypto investment funds namely 10T nominated by Tapiero. This list is based on the projections and predictions for 2019 by Tapiero. He predicted in the previous years that the T10 cryptocurrency cluster will gain around 30 times and become a $10 trillion entity.
Speaking on the matter, he told the interviewer that the T10 fund was projecting increasing from $300 billion to $10 trillion fund recording 30-fold profits.
He told the media that based on the T10 crypto fund’s $10 trillion projection he estimates that Bitcoin’s value can reach $300,000 and extend to $500,000. He has maintained his positive projections since 2019.
He has also maintained that his other predictions have been conservative and at present he believes that the aggregate market cap can set new ATHs. He has maintained that markets tend to undergo growth at their intrinsic pace.
However, he claimed that the $10 trillion projection for the crypto sector has been very modest.
He maintained that the current crypto market cap is valued at around $1.27 trillion. He claimed that the DeFi sector can become a $10 trillion investment sector within the next decade.
Bitstamp has shared some data projections that have shown a $30,771 projection for Bitcoin with a 1.63% increase during the last 24 hours. During the last 30 days, the flagship crypto has gained around 26.09% while 85.02% on the YTD scale.
Bitcoin to Follow 2017 Market Cycle, Says Crypto Youtuber
InvestAnswers is a crypto analyst on YouTube with 443K subscribers. He has claimed in the latest video update that Bitcoin prices are on the same track as the 2017 market cycle.
He claimed that based on the 2017 market movement Bitcoin prices can regain a $50K price point. He quoted data projections from Arcane Research with comparisons to 2018 and 2022 price charts.
He informed its users that there is a possibility of a short-term price appreciation in the next 60-70 days in case the 2017 trend continues. He also mentioned that the upcoming 2.5 months are great for crypto stakeholders. Investors must perform market analysis before making any trading decisions for their crypto portfolios.
Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.
