Crypto investor Chris Burniske thinks the crypto market is about to take off, with Bitcoin, Ethereum, and Solana leading the charge.
Why is he so bullish?
Burniske, a former crypto head at ARK Invest, points to several factors:
- Ethereum ETFs: The approval of Ethereum-based exchange-traded funds (ETFs) is expected to bring in new investors.
- Trump at Bitcoin Conference: Republican presidential candidate Donald Trump is scheduled to speak at The Bitcoin Conference, which could bring mainstream attention to crypto.
- Strong Charts: The current price trends for Bitcoin, Ethereum, and Solana are looking good, especially compared to the stock market.
$10 Trillion Crypto Market?
Burniske also shared an update on his prediction that the total value of the crypto market will eventually reach $10 trillion. He believes that we’re already 23% of the way there, with the market currently sitting at around $2.2 trillion.
Keeping an Eye on the Move Ecosystem
Burniske is also watching the Move ecosystem, which was developed by Meta and is now used for layer-1 blockchains like Sui (SUI) and Aptos (APT).
Disclaimer:
This is not financial advice. Always do your own research before investing in crypto. /p>