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The current BTC price prediction has Bitcoin hovering around $200K by 2027. By 2030, the average projection is sitting at half a million dollars! And by 2032, the king crypto (BTC) could hit $800K or more.
Even though, these are lofty Bitcoin price expectations, major players such as the Winklevoss Twins, Cathie Wood of Ark Invest and cryptocurrency exchange Changelly are all sticking to these forecasts.
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3R5pNVT
✔ How BTC & Crypto Can Reverse Course: https://bit.ly/3cNitPH
✔ Michael Saylor Responds to Tax Fraud Allegations: https://bit.ly/3q5Iay5
✔ When BTC Historically Finds its Bottom: https://bit.ly/3B8i9V2
✔ $800K Bitcoin Prediction: https://bit.ly/3wQS7De
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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Facebook’s New Metaverse
The metaverse is a virtual space in which users create and control their own personal avatars. The avatars give them the freedom of movement and speech and enable them to interact with other people within the virtual world. They can also own and sell virtual property within the metaverse, which is a form of currency in the virtual world.
The metaverse will be accessible on mobile devices, game consoles, and desktop computers, along with virtual reality glasses, wristbands, and headsets. It will provide a space for millions of people to interact, collaborate, and play. Several companies are already operating in the virtual space, including Epic Games, which recently announced a $1 billion funding round.
The company is also developing a new feature called NFT, which will allow people to interact with one another in the virtual world. This feature will work with the Facebook-backed cryptocurrency, Diem. Next week, the social media giant plans to announce a new name for its metaverse. This move signals the company’s ambition for the space. The tech giant is also building a new F1 team focusing on the metaverse and registering more than 100 trademarks related to the new ecosystem.
The metaverse is set to be Facebook’s next big leap in modern technology. It will be similar to the social networking site, but will expand into three dimensions. As a result, it will be projected into the physical world and feel like a mixture of real life and virtual reality experiences. The company expects the metaverse to support hundreds of billions of dollars of digital commerce, and create millions of jobs for creators.