Binance CEO: Cryptocurrencies to Grow Over Thousand Times

September 14, 2018

Changpeng Zhao, Binance CEO better known as CZ, has claimed, there is still room for cryptocurrencies to grow thousandfold and more in the years to come.

Earlier this week the co-founder of Ethereum Vitalik Buterin said, although crypto sector may increase 1,000 times, it would be untenable to expect cryptocurrency price witnessing 1,000-surplus in the future:

“The blockchain space is getting to the point where there’s a ceiling in sight. If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore”.

Nonetheless, CZ states that the crypto market will absolutely see a 1,000-time long-term growth as the main cryptocurrencies like Bitcoin and Ethereum getting mainstream.

In addition, CZ explained that this price increase may just seem unrealistic if assessed in terms of the conventional market thus implying that crypto market may leave traditional financial one behind.

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