Chainlink Founder Explains How Bitcoin (BTC) Price Could Reach $10 Million

LINK founder Sergey Nazarov has shared his perspective on how Bitcoin price could climb to $10 million per coin. 

In a recent interview with Austin Arnold of Altcoin Daily, Nazarov outlined how global instability and changing investment habits could pave the way for such a target.

Nazarov called Bitcoin digital gold becoming increasingly attractive when there is global uncertainty. He explained that investors usually look for safe-haven investments such as gold whenever stability rises.

In his opinion, Bitcoin plays the same role today, offering diversification in modern investment portfolios.

He emphasized that diversification has been the guiding principle in asset management for the past seventy years. This means that large investors often spread their capital across multiple asset classes to reduce risk. 

Nazarov suggested that if institutions allocate even a small portion of their portfolios, for example, 5% into gold and 2.5% into Bitcoin, it could drive Bitcoin price up substantially.

How Capital Flows Could Push Bitcoin Price Higher

When asked about Bitcoin reaching 1% of the global money supply, Nazarov said adoption should be measured by how much capital big investors commit rather than market share alone.

He noted that if Bitcoin is accepted as a safe-haven asset, then even a modest rise in capital allocation could push its valuation into the multi-trillion-dollar range.

He also considered a hypothetical scenario where sovereign wealth funds and pension funds put half of their portfolios into Bitcoin instead of equities or commodities. 

This, he said, could send Bitcoin’s value into the tens of millions per coin. However, he admitted such an extreme allocation is unlikely because it would go against the principle of diversification.

Read Also: ChatGPT Predicts How High Mantle (MNT) Price Could Go After Bybit Partnership

Echoes From Other Bitcoin Advocates

Nazarov’s $10 million outlook is not entirely new. Earlier this year, JAN3 CEO Samson Mow made a similar prediction, saying Bitcoin price could reach that level if more people understood its long-term potential. 

In May, Lawrence Lepard of Equity Management Associates also called Bitcoin a once-in-a-lifetime opportunity and said the $10 million target could eventually be achieved.

At today’s price of around $114,800, a run to $10 million would represent a gain of over 8,600%.

Moreover, beyond Bitcoin, Nazarov also touched on tokenization as a major trend shaping the industry. He explained that there are hundreds of trillions of dollars in value currently off-chain. Bringing even 5–10% of that value on-chain, he argued, would be a major success for crypto and could further strengthen the industry’s growth.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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