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Dogecoin (DOGE) Creator Outbids $13 Million Bitcoin Prediction by Michael Saylor

Release: 2024/09/10 20:20 Reading: 223

Original author:U_Today

Original source:https://coinmarketcap.com/community/articles/66e01d4f6c575b4a893793dc

Dogecoin (DOGE) Creator Outbids $13 Million Bitcoin Prediction by Michael Saylor

Bitcoin's Projected Valuation: Saylor and Markus's Forecasts

MicroStrategy CEO Michael Saylor, renowned for his bullish stance on Bitcoin (BTC), recently asserted that Bitcoin is poised to reach a valuation of at least $13 million. This bold prediction has reverberated throughout the crypto realm, capturing the attention of Dogecoin co-founder Billy Markus, aka Shibetoshi Nakamoto.

In response, Markus issued his own Bitcoin price forecast, albeit with a humorous twist. He stated that he believes Bitcoin will appreciate to "$100 billion trillion quadrillion."

Despite Markus's jesting approach, his prediction aligns with his overall optimism towards BTC. He has previously advised his younger self to "Buy a ton of Bitcoin and sell some of it in 2021 to buy a house."

Market Performance and Remaining Journey

As of now, Bitcoin's price stands at $57,200, reflecting a 4.19% increase since the start of the week. Despite recent market volatility, Bitcoin has resisted falling below $50,000, indicating buyer interest at this price point.

To reach Saylor's projected valuation of $13 million, Bitcoin must experience an additional 22.727% growth. However, to fulfill Markus's prediction, BTC would require a meteoric 17,482,517,482,517,483% increase.

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