According to recent reports from Cointelegraph, the Chicago Mercantile Exchange (CME) witnessed its Bitcoin futures surpass the significant threshold of $100,000 on November 29, reaching $100,200. This resurgence marks the
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R. Kiyosaki predicts what will happen after Bitcoin hits $100,000
As Bitcoin ( BTC ) lingers below the $100,000 mark, financial educator and author Robert Kiyosaki has predicted a possible shift in the asset’s ownership once the six-figure milestone is attained. Kiyosaki, the author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ believes that if this record high is achieved, it will be almost impossible for the average person to catch up, as he said in an X post on November 30. According to Kiyosaki, the real shift will occur once Bitcoin reaches $100,000. At that point, only the ultra-wealthy will have the financial power to acquire significant amounts of the maiden digital asset. He warned that the rich will get richer while the poor and middle class will fall further behind in such an environment. To this end, Kiyosaki stressed the importance of ‘Fear of Missing Out’ ( FOMO ), urging investors to act before the asset becomes more expensive. “The people who save Gold, Silver. Bitcoin. I own all three financial assets. Once Bitcoin breaks $100,000 only the ultra-rich such as corporations, banks, and sovereign wealth funds will be able to afford Bitcoin of any consequence. FOMO is good. Don’t be left behind,” he said. While Kiyosaki is advocating for FOMO, this psychological effect can lead to poor financial decisions, such as spending beyond one’s means or making impulsive choices, potentially resulting in losses, especially if Bitcoin doesn’t perform as expected. Kiyosaki’s Bitcoin price prediction Notably, in anticipation of Bitcoin’s price growth, Kiyosaki has made a bold prediction , noting that the asset could reach a valuation of $500,000 by 2025. However, he clarified that this forecast comes from an unnamed artificial intelligence (AI) platform, not his analysis. Kiyosaki had previously forecasted that Bitcoin would hit $300,000 in 2024. Overall, the financial educator has maintained that Bitcoin is an ideal asset for wealth protection, as he predicts a possible massive economic crash. In addition to Bitcoin, the author has maintained that gold is another alternative while stressing that there should be no debate about which asset is better. Bitcoin price analysis Bitcoin was trading at $96,280 by press time, correcting by less than 0.1% in the last 24 hours. The asset has shown weakness in the past week, down over 2%. Bitcoin seven-day price chart. Source: Finbold As things stand, Bitcoin is bearish at a time when the asset’s technical setup and fundamentals, such as institutional interest, have soared—factors that were anticipated to help push the asset to a six-figure valuation. Currently, the focus is on Bitcoin holding the $95,000 support level. Disclaimer: The featured image in this article is for illustrative purposes only and may not accurately reflect the true likeness of the individuals depicted. The post R. Kiyosaki predicts what will happen after Bitcoin hits $100,000 appeared first on Finbold . CoinOtag
Solana Memecoin Santa Trump (SANTRUMP) Will Skyrocket 15,000% Ahead of Exchange Listing, As Dogecoin, SHIB and PEPE Underperform
Santa Trump could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Santa Trump (SANTRUMP), a Solana memecoin launched today, is set to explode over 15,000% in price in the coming days. This is because SANTRUMP is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Santa Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Santa Trump could become the next viral memecoin. Santa Trump launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. To buy Santa Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Santa Trump by entering its contract address – 8ZaP3RBCDK2qBaNEcAqJqrL8c2hcYLtYrVNhpuSgR3rW – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like SANTRUMP. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. CoinOtag