Bitcoin Magazine Founder: BRC-20 Market Has 100 Times Growth Potential
At the 2024 Hong Kong Web3 Carnival, John Riggins, partner of BTC Inc and founder of Bitcoin Magazine, stated in his keynote speech for "Bitcoin Season Two" that the scale of Bitcoin's ecosystem and native assets will exceed $500 billion in the next five years. He pointed out that the market size of ERC-20 is basically equal to ETH's market value, while there is still a huge gap between BRC-20's market size and BTC's market value, suggesting a potential for 100-fold growth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%