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Showing posts with the label future forecast

Cathie Wood, the 'believer' who predicted $1.5M per bitcoin, has lost billions

Cathie Wood, the ‘believer’ who predicted $1.5M per bitcoin, has lost billions It’s been a rough few years for Cathie Wood. Once a thought leader and Bitcoin visionary who reached dizzying heights via her ARK Invest funds, she’s now tallying losses that reach well into 11 figures. On May 27, 2021, Wood was at her peak of fame. Her starry-eyed projections of futuristic AI, healthcare, crypto, and automation technologies earned her a spot on the cover of Bloomberg’s Businessweek magazine. According to the editors of the double issue with a print circulation of 325,000, she was the “The Believer” who was selling “a future so fantastic you’ll beg her to take your money.” However, since 2021, when she predicted that bitcoin (BTC) would rally to $1 million within nine years, shares of Wood’s flagship ARK Innovation ETF (ARKK) have lost 59% of their value. As she lost money, she raised her BTC forecast to $1.5 million , but her BTC investments f...

Shiba Inu: Here's How To Be A Millionaire when SHIB Hits $0.0006

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There is no denying Shiba Inu’s (SHIB) popularity among crypto fans and investors. The asset is one of the most successful projects in recent times. Since its launch in August 2020, till it hit an all-time high of $0.00008616 in October 2021, SHIB’s price rallied by many million percent. Early investors made millions of dollars in profit with minimal capital. While many believe the SHIB boat has sailed, others think there is still time to make it big with the dog-themed crypto. Also Read: Shiba Inu: SHIB to Breach Its All-Time High of $0.00008616? How To Be A Millionaire When Shiba Inu Hits $0.0006? To have a million dollars worth of SHIB, when each token costs $0.0006, you will need about 1,666,666,666.67 (1.66 billion) tokens. The price of 1.66 billion SHIB right now is about $42,700. If successful, your portfolio will grow by about 2241.9%. While the price increase would be commendable, the question is when SHIB can hit the $0.0006 price point. Also Read: Dogecoin: Can DO...