Charles Hoskinson, the founder of Cardano, Shares Bold Bitcoin Price Forecast for the Next 12 to 24 Months
Charles Hoskinson, the founder of Cardano, has projected a significant rise in Bitcoin's value, predicting it could reach between $250,000 and $500,000 in the next 12 to 24 months.
In a recent statement, Hoskinson highlighted increasing investment inflows and heightened interest in Bitcoin as key drivers of this optimistic forecast. He emphasized Bitcoin’s solidifying role as a store of value in the digital economy, particularly with the integration of decentralized finance (DeFi) features into its ecosystem.
"Bitcoin is the store of value of the internet, and because it has a DeFi layer, it will maintain that role for the foreseeable future," Hoskinson remarked.
He also underscored Bitcoin's unique standing among cryptocurrencies, noting its growing appeal to governments as a potential strategic reserve asset.
"As great as Ethereum, Solana, and Cardano are, let’s be honest: Governments are discussing holding Bitcoin as a strategic reserve, and only Bitcoin," he added.
Hoskinson’s bold prediction reflects the evolving landscape of digital assets and Bitcoin's pivotal role within it.
