PakGazette – Bloomberg Intelligence Chief Commodities Strategist Mike McGlone published an X post about and “2.4 million so-called cryptocurrencies.”
McGlone made a surprising prediction about Dogecoin and other small-cap altcoins.
“2.4 million Bitcoin hopefuls” and Dogecoin vs BTC
Mike McGlone’s message to the crypto community on X is about altcoins and meme coins in particular. He has referred to both as “Bitcoin wannabes,” of which, as he noted, there are now 2.4 million on the market.
He has called them all “so-called cryptocurrencies,” stating that Dogecoin is one of them and that “future generations may regard them as the dot-com bubble.”
The Bloomberg expert noted that Dogecoin, which has a market capitalization of $68 billion, has “1,999 signs.” He also called DOGE and similar cryptocurrencies “unlimited supply cryptos” that will compete with Bitcoin (limited to only 21 million with more than 19 million coins mined already) and precious metals: silver, gold, platinum and palladium, which, in addition Of gold, they belong to the platinum group of metals.
Bitcoin at between $175,000 and $350,000 in 2025, according to Robert Kiyosaki
On New Year’s Eve, renowned investor and financial guru Robert Kiyosaki made a bold Bitcoin price prediction, saying that in 2025 he expects the world’s pioneering cryptocurrency to hit a low of $175,000 and perhaps even extend growth by 2x, that is, $350,000.
Therefore, he doubled his price forecast of $350,000 made in early December. Over the weekend, Kiyosaki revealed that the market’s biggest drop had arrived, urging the community to save Bitcoin, silver, and gold. On Friday, the author of the best-selling book “Rich Dad, Poor Dad” tweeted that BTC had made him rich and will make him even richer. He intends to continue buying BTC as this asset continues to rise even during market declines.
Kiyosaki frequently refers to the printing of money carried out by the Federal Reserve and the US Treasury, calling it “fake money” printing. He noted that those who save “fake money” become poorer, while those who save “real assets,” such as Bitcoin, silver and gold, become richer.
Today, Bitcoin managed to reclaim the $99,000 level after a substantial overnight rise. By now, Bitcoin has recovered above the $101,000 price level.
