Hoskinson's $100 Trillion Crypto Market Prediction: What it Means for Bitcoin

A recent prediction by Cardano founder Charles Hoskinson suggests that the total cryptocurrency market cap could reach $100 trillion within 12 years.

Crypto analyst Crypto Patel used this prediction as a basis for his own analysis, considering two possible scenarios for Bitcoin's dominance in a growing market.

Assuming that Bitcoin maintains its current level of dominance, Patel estimates that the price of each coin could reach $3 million. However, if altcoins grow faster and Bitcoin's dominance falls to 30%, the price could be as low as $1.5 million.