Mike’s note: On Wednesday night, tens of thousands of readers joined Teeka Tiwari, cryptocurrency expert and editor of Palm Beach Daily, for his special presentation. There, he revealed what he believes will become the next trillion-dollar coin.
You see, since bitcoin broke the $1 trillion barrier, it sent other smaller cryptos to deliver stunning gains like 1,201% and even 38,055%. And Teeka says this is paving the way to allow other coins to potentially launch just as high as bitcoin.
Teeka goes more in depth during his presentation on how it works, but it won’t be available for long. So, click here to watch him reveal what he believes is the next trillion-dollar coin…
And, read on to find out why Teeka thinks another cryptocurrency is well on its way to a $1 trillion market cap…
By Teeka Tiwari, editor, Palm Beach Daily
As longtime readers know, I’ve been a bitcoin bull since 2016…
That’s way back when most of mainstream finance wrote off cryptos as a fad at best… And a scam at worst.
Back then, the naysayers called bitcoin “magic internet money.” Meanwhile, I was travelling the world three times over… Meeting with top hedge funds managers, venture capitalists and developers, and building the best model crypto portfolio on the planet.
My biggest winners have exploded as high as 16,355%, 22,578%, and 151,323%. And this was before Wall Street jumped on the bitcoin bandwagon.
Now, I don’t tell you this to brag. I want you to know I’ve successfully navigated the crypto market for nearly a half-decade now. And I’ve made my subscribers life-changing gains along the way.
And for the first time since I started recommending bitcoin five years ago… I’m seeing what I believe is an epic shift in its trajectory.
Let me explain…
The pseudonymous Satoshi Nakamoto created bitcoin in 2008. And ever since then, a pattern has emerged in bitcoin’s price action.
It all has to do with bitcoin’s “halving.”
For those of you who don’t know, the halving is when the incoming supply of new bitcoin is cut in half every four years. It’s hardwired into bitcoin’s programming code. So it’s 100% guaranteed to happen.
The first two times the halving occurred (in 2012 and 2016), we saw bitcoin’s price go up 8,995% and 2,878%, respectively. But after each boom, we saw busts of as much as 70% and 25%, respectively.
The last halving occurred in May 2020. At the time, bitcoin was about $9,000 per coin. Less than a year later, it’s risen as high as $61,000 – an increase of more than 570%.
But over the last week or so, we’ve seen bitcoin’s price drop from an all-time high of $61,683 to a low of $50,850.
These volatile moves are the price we pay for life-changing crypto gains and they don’t bother me… But I understand they can be concerning for most people.
After every big pullback, one of the most common questions I get is, “Hey T, is it time to sell… Or do we have to sit through another Crypto Winter?”
It’s a question I even ask myself from time to time. And I recently discovered an interesting perspective I want to share with you today…
Bitcoin may have escaped its halving boom-bust cycle.
The Trade of the Century
Michael Saylor is the CEO of business analytics firm MicroStrategy… And one of the smartest men in the crypto space I know of.
In 2020, his firm became one of the first publicly traded companies to add bitcoin to its corporate treasury. Today, it has about $5 billion worth of bitcoin on its balance sheet.
Since it started adding bitcoin, MicroStrategy’s share price has rocketed 419%.
What I like about Saylor is he can see things up to five steps ahead of other CEOs in his field. And he has a very interesting perspective on bitcoin’s four-year halving cycle.
He says it’s no longer relevant. And I think he’s right.
As more and more bitcoin mining operations go public, they’ll have easier access to capital markets meaning they won’t be forced to sell their newly “mined” bitcoin to fund their operations.
(Bitcoin miners secure the bitcoin network by making massive investments in computers that keep the network running. Periodically these miners are “rewarded” for their efforts with new bitcoins created by the bitcoin software.)
We’ve already seen this with publicly traded bitcoin mining companies like Marathon Patent Group and Hive Blockchain. They’ve raised $286 million and $298 million, respectively, since going public.
It bears repeating… This is a big deal because this means mining outfits may no longer need to sell the bitcoin they mine to keep their operations running. In fact, we may see public bitcoin mining operators get punished with lower stock prices if they do sell their bitcoin.
I want you to really think about the implications of this potential shift in bitcoin miner operations.
What happens if every single major bitcoin miner goes public… Raises a couple of billion dollars… And then says, “We’re never selling our bitcoin. We’re just going to mine it and keep it on our balance sheet.”
It could break the bitcoin halving boom-bust cycle for good.
When you really think it through, it’s a no-brainer decision. Why wouldn’t miners take low-cost fiat currency that’s debasing at 15% a year… Use it to fund their mining operations… And mine bitcoin that’s growing on average 200% a year?
Forget about the trade of the decade. Swapping fiat (paper) money for bitcoin could be the trade of the century.
If you combine the accelerated demand we are seeing from institutions along with decreased supply from miners… It’d be like an “infinity halving.” It would easily set the stage for $1 million, $2 million, and perhaps even $3 million per bitcoin…
Again, think it through. Does it make sense to sell an asset that’s been rising at a rate of 200% a year for a decade (bitcoin) for an asset that was been debased by 24% just last year (U.S. dollars)?
It doesn’t. And that’s the huge shift Saylor sees coming to bitcoin. And I am sure it contributed to his decision to accumulate bitcoin that’s now worth nearly $5 billion.
Think about it… If each bitcoin goes to $3 million, MicroStrategy’s 91,326 bitcoins would be worth $273 billion. That would cause MicroStrategy to become one of the most valuable companies in the world.
Following in Bitcoin’s Footsteps
I don’t know how long the road is to $3 million bitcoin. Ten years, 20 years, 30 years… There is no way for me to know. But what I do know is there is one coin much smaller than bitcoin that I believe will hit $1 trillion in value this year.
I call it Crypto’s Next Trillion-Dollar Coin.
And while the mainstream media and Wall Street are still focused on bitcoin… Behind the scenes, Crypto’s Next Trillion-Dollar Coin is gaining momentum.
Billionaires like Mark Cuban and Jack Dorsey are quietly buying it up… And as the money pours in, it’s only a matter of time before it follows in bitcoin’s footsteps to a trillion-dollar market cap.
And like bitcoin, Crypto’s Next Trillion-Dollar Coin will have long coattails. What I mean by that is it will slingshot a group of tiny altcoins tied to its ecosystem through the roof.
That’s why on Wednesday, I revealed Crypto’s Next Trillion-Dollar Coin – for free – to all those who attended. Plus, I shared details about six tiny altcoins I think are destined to explode in value from here. So if you weren’t able to attend, or would like to watch it again, just click here.
My last free pick went up 389%. The free pick before that went up 1,929% and my average free pick has been up as much as 833%. So, don’t miss the party to the next trillion-dollar coin.
Let the Game Come to You!
Editor, Palm Beach Daily
P.S. On Wednesday, new and longtime readers attended my presentation on what I believe is the next big thing in crypto. I even revealed the name of the coin for free. But don’t wait… This opportunity won’t be available for much longer.
Click here to watch the replay, and get all the details on the crypto that could soon skyrocket.