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Tron CEO, Predicts That Bitcoin Price Will Cross $100,000 Mark In 2025
Justin Sun, the founder and CEO of Tron (TRX), the 15th biggest cryptocurrency by market cap, is investing in a number of Cryptos other than Bitcoin (BTC).
In a Feb. 23 interview with CNN, Tron CEO said that he is a long-term believer in cryptocurrencies and owns a stake in many altcoins, including the two largest coins after Bitcoin – Ethereum (ETH) and XRP.
When asked whether Sun has his crypto portfolio diversified, the Tron CEO answered:
“I own a lot of XRP and Ethereum, too. I’m like a long-term believer of the crypto so I want all crypto assets to succeed. So that’s why I own a lot of other different cryptos as well.”
As a major believer in crypto, Justin Sun is bullish on the price of cryptocurrencies and confident that cryptos like Bitcoin are the future of money.
In the interview, Tron CEO predicted that the BTC price will cross $100,000 mark in 2025, emphasizing that other cryptocurrencies will follow the trend.
Justin Sun’s $100,000 Bitcoin prediction in his own words: “I definitely believe Bitcoin will pass $100K in 2025.
I believe we can achieve this price before 2025.
At the same time, I think a lot of other crypto projects like Tron, Ethereum and XRP will also see bull market.”
CRYPTO EXCHANGE EXEC: BITCOIN WILL NOT STOP AT $100,000
Bitcoin is holding on to gains today as the threat of a larger correction looms.
The long term outlook is extremely bullish though, at least according to one crypto exchange executive.
Kraken’s director of business development, Dan Held, sat down with Nuggets News CEO Alex Saunders to discuss global markets, why bitcoin is the hardest money, and how it fits into the macroeconomic system.
Held got into BTC in 2012 after learning about the financial system crash in 2008.
He added that it was a tiny space back then and no major players in tech wanted to get involved in crypto.
He said that the scene now is so much different with many different products and institutional involvement.
This could spur a ‘super cycle’ with a lot more fiat flowing in which would take bitcoin prices to $100k in no time.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.