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Famous investor and author of the bestseller “Rich Dad, Poor Dad” Robert Kiyosaki made a stunning prediction: bitcoin should grow to $350,000 in less than three months.
Robert Kiyosaki clarified that this is his opinion and not a guaranteed fact. The American entrepreneur also criticized U.S. President Joe Biden, SEC Chairman Gary Gensler, U.S. Treasury Secretary Janet Yellen and U.S. Federal Reserve Chairman Jerome Powell. Kiyosaki questioned their ability to competently manage the economy. According to Kiyosaki, their “incompetence” will lead to the devaluation of the nation's currency, making digital assets a safer “safe haven.”
"By August 25, 2024, bitcoin will be worth $350,000. This is a prediction, a guess, an opinion, fool bait, but it is not a lie because any prediction about the future is not a lie. I want the $350,000 bitcoin to turn out to be true. I'm sure bitcoin will hit that mark sometime in 2024, but that's just a goal, a dream and a wish,” Kiyosaki wrote on social media X.
Kiyosaki noted that he believes not only in the potential growth of bitcoin. The investor wrote that he started buying other cryptocurrencies: ETH and SOL, being confident in their growth. Therefore, Kiyosaki recommended buying more gold, silver, bitcoins, ether and SOL coins. He believes these investments will help protect against economic uncertainty.
The 2024 US presidential election is about five months away, so it is unknown whether there will be clarity on the regulation of the crypto industry. Recently, US presidential candidate Donald Trump announced the launch of cryptocurrency fundraising for his campaign.
$BTC يتوقع أعضاء مجتمع العملات المشفرة ارتفاع عملة البيتكوين، مدفوعًا بزيادة طباعة النقود في الولايات المتحدة.
نوضح كيف تؤثر طباعة الدولارات الجديدة على سوق العملات المشفرة وكيف يمكن لسياسة التيسير الكمي أن تدعم حركتها الإيجابية.
لاحظ مجتمع العملات المشفرة النمو المتجدد في المعروض النقدي M2 في الولايات المتحدة. يشمل هذا المصطلح إجمالي عرض النقود، بما في ذلك النقد المتداول والأموال غير النقدية في الحسابات المصرفية.
يستخدم M2 لتحليل النشاط الاقتصادي ومعدلات التضخم واتخاذ قرارات السياسة النقدية. ويمكن أن يشير النمو السريع M2 إلى ارتفاع الضغوط التضخمية.
أحد أسباب زيادة M2 هو تحول بنك الاحتياطي الفيدرالي إلى التيسير الكمي، والذي يتضمن طباعة وضخ دولارات جديدة في الاقتصاد. قد تدخل بعض هذه الأموال في صناعة العملات المشفرة، ولهذا السبب ينظر المجتمع إلى نمو M2 كمحفز محتمل لارتفاع عملة البيتكوين.
خلال فترات ارتفاع M2، غالبًا ما ترتفع قيمة عملة البيتكوين حيث يسعى المستثمرون إلى الحماية من التضخم وانخفاض قيمة العملة الناجم عن تدفق الدولارات الجديدة. زيادة أخرى في M2 يمكن أن تدعم الحركة الإيجابية للبيتكوين وسوق الأصول الرقمية بأكمله. #btc70k #StartInvestingInCrypto #BTC
##bullishcandlestick Bitcoin-based $BTC meme coin DOG has reached $1 billion in market capitalization
-- DOG's market capitalization is approaching $1 billion after rising 200% over the past month. -- It is the largest meme coin on the Bitcoin blockchain and the seventh largest overall. -- Rally comes after a 60% drop after its launch and Bitcoin's rate halving in April.
The market capitalization of the Bitcoin Runes meme coin is approaching $1 billion after rising 200% in the past 30 days.
The token aptly named DOG-GO-TO-TO-THE-MOON (DOG) appeared on April 20 during the Bitcoin halving event . It became “RUNE number 3” and has since become the largest meme coin in Bitcoin and the seventh largest meme coin on Crypto . The largest of these, Dogecoin (DOGE), has a market capitalization of $23 billion.
DOG's growth comes amid a flurry of meme coin activity, with coins such as SHIB, PEPE and FLOKI increasing their market capitalization by billions of dollars since the beginning of the year.
While most other meme coins are issued on ultra-fast blockchains like Solana and Base, DOG is helping turn Runes into a legitimate Bitcoin -2 network despite the cumbersome nature of the Bitcoin blockchain .
Runes is essentially a way to make transactions cheaper and faster than the Ordinals protocol, which embeds data into the Bitcoin blockchain , embedding information into small Bitcoin-based transactions.
DOG trading volume in the past 24 hours has totaled nearly $100 million as traders have begun betting on whether a Bitcoin-based meme coin can emulate the success of existing equivalents on other blockchains.
It's worth noting that meme coins are a highly volatile asset, as their ebb and Flow depends on social media narratives rather than the underlying use case. After launch, DOG stock fell more than 60% in three weeks before the recent Rally.