Bitcoin Predicted to Soar to $100K by 2024’s End as Chainlink Rival Gains Ground in AI Cryptocurrency Market

Morgan Creek Digital founder, Mark Yusko, predicts that Bitcoin will reach a value of $100k by the end of 2024, while Chainlink competitor, SingularityNET (AGI), strengthens its position in the AI cryptocurrency market.

Yusko’s Bullish Bitcoin Prediction

Mark Yusko, well-known investor and founder of Morgan Creek Digital, anticipates that Bitcoin will reach a value of $100,000 by the end of 2024. His prediction is based on historical trends and Bitcoin’s halving events that have previously led to substantial price increases.

SingularityNET (AGI) Ascends in AI Cryptocurrency Domain

SingularityNET (AGI), a key competitor of Chainlink, is gaining ground in the AI cryptocurrency market. AGI’s platform allows businesses to create, share, and monetize AI services at scale, contributing to its rising popularity. The company is also working on creating the world’s first decentralized AI network, which could possibly disrupt the AI industry.

Impacting Factors on Bitcoin’s Future Value

Several factors could influence Bitcoin’s future value, according to Yusko. He highlights geopolitical tensions, economic uncertainty, and the decreasing value of the US dollar as potential catalysts for a surge in Bitcoin’s price. Yusko also notes that the Bitcoin network’s strength and security underpin its potential for significant appreciation.

As the world of cryptocurrency continues to evolve, predictions such as Yusko’s highlight the potential for significant market shifts. Meanwhile, the rise of SingularityNET demonstrates the growing intersection between the AI and cryptocurrency industries. The next few years could see dramatic changes in these sectors, potentially redefining the way we understand and interact with digital currencies and artificial intelligence.