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
Another $1.5 billions before IPO! Nvidia (NVDA.US) increases investment in SB Energy, reaching a total of $3 billions
Nvidia will further increase its investment in SB Energy Inc., a data center infrastructure provider backed by SoftBank Group, ahead of SB Energy’s planned US initial public offering (IPO). Nvidia plans to invest an additional $1.5 billion, bringing its total investment in SB Energy to $3 billion.
BrightSpire Capital to redeem commercial real estate CLO on Oct. 19, 2026