ETH to hit $20-trillion market cap by 2030: Ark Invest

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If you think you’ve made big gains now, just wait a decade. ARKInvest’s new report predicts Ether’s market cap will reach $20 trillion and Bitcoin’s price will exceed $1 million by 2030.

“Decentralized Finance promises more interoperability, transparency, and financial services while minimizing intermediary fees and counterparty risk.”

What’s more, DeFi is a lot more efficient, too. Ark estimated that DeFi outperformed traditional finance over the last 12 months in terms of revenue per employee from $88 million to $8 million. By 2030, the firm expects Bitcoin to account for 50% of global remittances at 1.5x velocity, 10% of emerging markets’ currency, 25% of United States bank settlement volumes, 1% of nation-state treasuries worldwide, 5% of global high-net-worth individual wealth, 2.55% of institutional asset base, 5% of the cash from S&P 500 companies, and 50% of gold’s total market cap.

 

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ARKInvest Allow me to L.O.L. whales n institutions trying to hype when they all sold heavily last year since they know whats comin. Im not going to be their exit liq. Waiting for the right moment, that might be weeks, months... but Im here to invest, not to gamble or to be hustled...

ARKInvest And ArkInvest is completely objective and neutral with no vested interest whatsoever.

ARKInvest

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