Bitcoin, Crypto currency, Blockchain

Binance CEO: the crypto market will grow by a factor of 1000

Binance CEO says, the crypto market can still grow to 1000-Fold.

The Ethereum CEO Vitalik Buterin’t posted in a Twitter Post that the grow of the market, the 1000-Fold is possible. Changpeng Zhao, the CEO of Binance.

The Twitter Post of the Binance Ceo Changpeng Zhao

Changpeng he says contradicts the statement of Vitalik Buterin, to reach there alone, the market capital of the U.S. Dollar would be almost a 1000x.

The 2nd place standing crypto-currency, Ethereum is currently trading for about 212$ and has lost since the Crash at the beginning of the year, the amount of market capitalization.

The market capitalization of Ethereum
At the moment it only goes down, and the All Time High of 1377$ is distant.

In the last year, the market exploded and grew from 20 billion US$ to About 800 billion US$ (40x) up to the beginning of this year. From the point of view of the market shrank back to currently there are about 200 billion US$, and outdid the bubble to the Burst of the Dotcom. This is the version from 11.11.2017.

The market stabilised again.

It remains to be seen whether the soil is found, or whether it goes even further down. We look forward to the end of the year eager to and look at whether the market, the former High of 800 billion$.

If you’re interested in other interesting news, read here how the new project “Bakkt” Bitcoin soon even in Starbucks stores.

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