In the next 10 years, the capitalization of the cryptocurrency market will increase by 5000% and reach $ 20 trillion, and Bitcoin will give way to other coins. So says the CEO of the consulting company deVere Group Nigel Green.
He noted that although Bitcoin became an associate of the cryptocurrency revolution, its dominance in the market will drop dramatically in the next decade.
“This is due to the fact that with the widespread adoption of cryptocurrencies, more and more digital assets will be launched by organizations from the private and public sectors. This will increase the competition for Bitcoin , ”suggested Nigel Green.
In his opinion, the solutions of future or already existing altcoins will be able to surpass the advantages of bitcoin.
Nigel Green also noted that there is now a smooth transition from fiat currencies to digital assets. In the coming years, this trend will only grow, says the head of the deVere Group.
Earlier, BlockchainJournal reported that according to analysts from the deVere Group, the price of Ethereum could reach $ 2,500 by the end of the year.
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