Despite the fact that the head of the payment startup Circle Jeremy Allair prefers not to make price predictions, he believes that in three years cost the first cryptocurrency to be much above today’s prices. He said this in an interview with CNBC.
Allair highlighted that bitcoin and Ethereum are already in the oversold condition, wherein the third capitalization cryptocurrency is superior to the flagship market in this context.
Simultaneously, Allar expressed the opinion that within a few years the number of digital tokens will grow to a million, and any financial asset will be presented in digital format.
“I don’t think the result will be one thing [bitcoin]. There is such a phrase as “tokenization of all”, — said the head of the Circle.
According to him, the US remains the most regulated market for the cryptocurrency industry, but businesses need to understand which coin is the currency or commodity, and some security.
Meanwhile, bitcoin is trading around $3200, and at midnight on the exchange Bitstamp was once again updated the annual minimum, when the price dipped to $3135.
Bitstamp Data
Note that the EOS and Litecoin managed to displace Bitcoin Bitcoin Cash and SV in the CoinMarketCap list, but TRON still holds the 10th position.
Data CoinMarketCap
We will remind, the co-founder of Fundstrat Global Advisors Tom Lee stated that the fair price of the first cryptocurrency is in the range of $13 800 — 14 800.
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