Crypto Industry Poised To Surge By 1,000 Times, Says Binance CEO
Bitcoin’s bullish predictions continue on a daily basis, and now it’s Changpeng Zhao’s turn to come up with his very own forecast.
Changpeng Zhao is bullish on the crypto market’s future
Binance’s CEO seems really bullish not only on the future of BTC but also on the future of the entire crypto market.
During a new YouTube interview with Forkast News, Zhao said that he expects the industry and price of the speculative crypto market to grow by 1,000 times.
“I forecast there will be a thousand blockchains and a million tokens. So that’s why we are very focused on the token market, and hopefully, we will be a big player. We will remain to be a relevant player when that happens… the industry is going to get 1,000 times bigger for sure. And so will the price, I think.” Zhao said.
Buiding the best ecosystem around the Binance Coin
Zhao also talked about the future of his company and said that the main aim is to make sure that he’s building the best ecosystem around the Binance Coin.
“I think the future is the currency. It’s the BNB value that we want to drive. So we’re building everything for BNB. It’s all about adding more utility to BNB. I think this is the thing we can do really well, we can add a lot of value to projects. We can bring a lot of value to users, and we can bring a lot of value to this industry, which will then make ourselves bigger.”
Zhao also seems to be open to welcoming Facebook with its Libra project into the crypto space.
While the Libra project triggered a lot of reactions both negative and positive in the crypto space, more important names have been saying that this entity will definitely change the financial sector and, on the other hand, it will bring more powerful bulls in the crypto market.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.