CEO and Co-founder of CryptoQuant.com, Ki Young Ju believes that Bitcoin's network fundamentals are robust enough to support a market cap three times its current size. Based on his analysis, if this projection comes to fruition, Bitcoin (BTC) could potentially reach a valuation of $265,000 per coin.
Ki Young Ju bases his predictions on a variety of factors that influence Bitcoin's network, including aspects such as transaction volumes, active addresses, hash rate, and more. He asserts that these underlying network fundamentals are stronger than ever, painting a positive outlook for Bitcoin's future market cap.