AltcoinsBusiness & FinanceSpotlight

Tron’s Justin Sun and Binance’s Changpeng Zhao Still Bullish on the Future of Crypto

The latest prominent crypto personnel having their say on the future of crypto growth and potential to see a 1000x boom have been Tron Foundation’s CEO Justin Sun and leading crypto exchange Binance’s chief Changpeng Zhao. The two have had their say on the long term future of cryptos in response to Vitalik Buterin’s comments from a recent interview. 

Justin Sun shared his views via Twitter in response to Buterin’s thinly veiled jibe against him, as he reiterated his belief on the future of the cryptocurrency space. He even went on to claim that crypto will become the first 10 trillion USD market of the world, ahead of giants Apple and Amazon who have already crossed the trillion USD mark. He tweeted:

In keeping this opinion, Justin was not left alone, as Binance’s CEO Chanpeng Zhao also shared his views, seeing a greater growth to come for cryptocurrencies. Zhao argued that cryptos can still grow by a thousand-fold in the long-term as major assets like Bitcoin and Ethereum reach mainstream adoption. He tweeted:

In addition, Zhao maintained that a thousand time boom in crypto prices can be portrayed as an unrealistic target if it is kept being compared to the traditional market size. He sees that the crypto market can surpass the traditional finance market. He further tweeted:

Vitalik Buterin’s recent comments about crypto growth have seemingly stirred up more responses than it had meant to. After outburst from social media outlets and several news agencies who claimed that the Ethereum co-owner ‘did not believe in the future of cryptos’, Buterin came out to clarify every word of his statements via Twitter. This has started a series of experts sharing their views on the future of cryptocurrencies and there could still be more to come from this.

While these comments from prominent crypto personalities have become tabloid, it is imperative that their belief and commitment regarding crypto’s ability to compete fiat remains thorough and compact.

A 1,000-fold return from the current price is highly unlikely, but Sun and Zhao are two who believe in it.

Razi Khan

Researcher, Electrical Engineer and a teacher, Razi is one who takes great intrigue in the prospects of blockchain and cryptocurrencies (BTC in particular) while contributing a critical approach over the subject regularly. Contact the editor at editor.news@blockpublisher.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.