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Crypto’s next trillion-dollar coin: Teeka Tiwari, the Palm Beach Confidential editor, believes he has uncovered it and will reveal details about it on March 31st at 8 pm ET. It would be the second coin, after Bitcoin, to hit a market cap of one trillion dollars.
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Will Bitcoin Hit $500,000?
Since 2016, I’ve been fighting a long battle to educate everyone about the value of bitcoin. Over that time, I’ve had my reputation impugned… been maligned and ridiculed… and even received hate mail for my conviction in bitcoin. If you’re anything like me, you’ve probably been laughed at by your family or friends just for talking about the idea of bitcoin.
There were some tough times. From the heights of the 2017 crypto bull market to the depths of the 2018 crypto winter… I asked my readers to keep the faith and let time do the heavy lifting.
And those who stuck with me should congratulate themselves… Because we’re starting to reap the rewards of that faith.
Not only was bitcoin the best-performing asset class of 2020… it also obliterated its old highs. We saw bitcoin rise 308% in 2020 — and recently it was as high as $61,600.
Here’s why I feel vindicated: Bitcoin is now the most valuable financial service in the world by market cap. This is something I’ve been predicting for years.
Today, bitcoin’s value is more than $1 trillion. That’s more than the market caps of Visa ($480 billion)… JPMorgan Chase ($469 billion)… Mastercard ($358 billion)… PayPal ($281 billion)… and Bank of America ($327 billion).
Friends, I want you to understand how far we’ve come since 2016. It’s just a sea change of sentiment.
Five years ago, people called bitcoin a “fraud,” a “scam,” or a “Ponzi scheme.” But I said that if you could have faith in a future that’s different than the one the mainstream media is portraying… you’d see a day when institutional money would flood into bitcoin.
That’s because my research suggested bitcoin would become a bedrock reserve asset for institutional investors. And if you could just hold onto that vision and be patient… you’d see it come to pass. That’s exactly where we are right now.
So the question now is, where does bitcoin go from here?
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$500,000 Bitcoin? What’s Crypto’s Next Trillion-Dollar Coin?
Right now, we have a brand-new area of demand for bitcoin as a corporate treasury asset. It’s incredible. Corporations are sitting on trillions of dollars of capital. So even a small weighting to bitcoin can have a profound effect on the price.
For instance, ARK Invest Management put out a recent report on crypto. According to the report, non-traditional assets like real estate and emerging markets make up 5—6% of institutional investors’ portfolios.
So if pension funds and banks allocated a similar weighting to bitcoin, the report suggests bitcoin’s price could go to a half-million dollars.
Now, will that happen overnight? No. Will that happen in a straight line? No, absolutely not.
But we’re already seeing big institutions buy bitcoin. Back in December — when bitcoin was only about $18,000 — 169-year-old insurance giant MassMutual bought $100 million of the crypto…
And last month Tesla announced it had bought $1.5 billion worth of the crypto when it was just under $38,000… So the shift is underway.
As I’ve told my readers all along, what’s more important than anything else is understanding an asset’s trajectory. So I invest my intellectual capital in determining what the trajectory of an asset is… not the exact timing.
I’ve made a lot of money, not by knowing the specific date when something will happen, but by placing my faith in my research that shows me that the reality will occur over time. And not over 100 years, 50 years, or even 20 years. But within a reasonable frame of time we can all survive long enough to enjoy… just like we’re enjoying right now.
Where Bitcoin Is Headed in 2021? Any Chance for Next Trillion-Dollar Coin?
So as I look out through 2021, it’s very pro-bitcoin.
We’ve reached the tipping point among professional investment managers, where they’re running the risk of potentially getting fired if they don’t own bitcoin. And that’s a complete 180 from five years ago.
Heck, just two years ago, it was a career-ending risk to put your neck out and own bitcoin, or even talk about owning bitcoin. And that’s completely flipped now.
Look at MicroStrategy, which bought $1.125 billion of bitcoin for its corporate treasury. The stock price is up more than 400% since acquiring that bitcoin.
Now, I can guarantee you corporate boardrooms across the world — not just the country — are paying attention to that. Everyone is thinking about this. So this is another demand-driver we need to model into the price of bitcoin.
Even in my wildly bullish dreams, I didn’t think corporate treasurers would be prepared to put bitcoin in their corporate treasury this early.
I figured we’d probably have to see $40,000—50,000 bitcoin before they’d even consider it because that’s when the market would have reached $1 trillion.
But here we are today… and we have major companies with billion-dollar market caps holding Bitcoin in their corporate treasuries.
It’s more evidence that, in my opinion, bitcoin will continue to be the most valuable financial service in the world.
Bitcoin has reached escape velocity — and everybody sees it.
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On Wednesday, March 31st, at 8 p.m. ET, Teeka will give you the name of his next top pick… for FREE!
It’s a coin he believes will be the next cryptocurrency to break the trillion-dollar market cap barrier.
Click here to secure your spot for this event and claim $500 in bonuses.
The Name of Teeka Tiwari’s Crypto’s Next Trillion Dollar Coin?
Billionaires are in a frenzy buying it… The world’s largest payment networks are adopting it… And Wall Street’s most respected firms are rushing to get in. We are at a “tipping point,” to put it in the words of Citigroup.
But what nobody sees… what the media isn’t reporting… AND what no member of the financial elite wants you to find out is this…
Behind the scenes, the smart money has now begun to go all in on what I consider to be Crypto’s Next Trillion-Dollar Coin.
Back in 2016, I recommended bitcoin, what became crypto’s first trillion-dollar coin by market cap. And on Wednesday, March 31, at 8 pm ET, I’ll reveal what I believe will be the next $1 trillion crypto for free.
Click here to attend the event as a VIP and receive a FREE bonus that would typically cost you $2,500 to access. And then mark your calendar for Wednesday, March 31st. Just for attending the event, I’ll tell you the name and ticker symbol of this coin. You won’t want to miss it.