Justin Sun, the CEO of the TRON Foundation, has made a bullish price prediction for the flagship cryptocurrency, saying he thinks it will hit $100,000 by 2025.
Sun’s price prediction came during an interview with CNN anchor Julia Chatterley, where he revealed he also believes most other cryptocurrencies will go through a market boom that will significantly boost their value. He said:
I definitely believe Bitcoin will pass $100K in 2025. I believe we can achieve this price before 2025. At the same time, I think a lot of other crypto projects like Tron, Ethereum and XRP will also see bull market.
When asked about his cryptocurrency portfolio, Sun revealed he is a believer who owns various cryptocurrencies, including the top three by market capitalization: bitcoin, ether, and XRP. He further revealed he owns “a lot of other different cryptos as well.”
In line with his bullish stance, Sun said he has invested all of his money in the cryptocurrency space, and that he only converts some of his holdings to fiat currencies when he has to deal with expenses that can’t yet be paid for in crypto.
An introduction to @Tronfoundation network founder CEO @justinsuntron - we talk disrupting digital content sharing, buying @BitTorrent, crypto investing and his $4.5M lunch with Warren Buffett! #XRP #TRX #BTC on @firstmove/@cnni this week. pic.twitter.com/WW3Pnd9QcZ— Julia Chatterley (@jchatterleyCNN) February 23, 2020
Sun has recently shared a meal with Berkshire Hathaway CEO Warren Buffett, who bashed bitcoin shortly after the event and claimed he doesn’t own any cryptocurrency, while Sun claims he sent him 1 BTC and 1.9 million TRX.
When asked whether he presented his bullish stance to the ‘Oracle of Omaha’, Sun said he wanted Buffett to understand how cryptocurrencies work and their potential, rather than telling him he could make money with them.
Featured image via Unsplash.