📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Is Bitcoin 250,000 USD Possible This Year? The Head of This Research Team Thinks So.
Tom Lee, the head of research at Fundstrat, stated that Bitcoin could rise to 250,000 dollars by the end of 2025. In an interview on CNBC's Squawk Box today, Lee pointed out that Bitcoin has recently fallen from its all-time high of 111,970 dollars to around 104,000 dollars. He still believes that the market is holding steady at that level. Short-Term Outlook of Lee Lee told Squawk Box host Joe Kernen that 95% of the total Bitcoin—about 19.80 million coins—has been mined out of a maximum of 21 million coins. That leaves about 1.13 million coins waiting to be produced. He considers this a tight supply setup. He also noted that while almost all Bitcoin exists, 95% of the global population does not own any. Based on reports, the gap between supply and potential buyers could push prices higher in the coming months.
To reach 250,000 dollars from the current level of about 104,000 dollars, Bitcoin will need to rise about 140%. Lee still believes that the price could reach 150,000 dollars in December and could even increase to 200,000 to 250,000 dollars if demand rises. Supply and Demand Distance Lee emphasized the fact that most people in the world have not purchased any Bitcoin. He stated that this creates an imbalance. On one hand, you have an almost fixed supply. On the other hand, there could be millions of new buyers in the next 10 years. He explained that even if only a small fraction of those people decide to buy Bitcoin, the price could rise much higher. Currently, only about 5% of the total coin supply remains unmined. This means that new supply is slowing down rapidly. At the same time, many wallets, applications, and easier purchasing methods can bring in new money. Lee believes that this mismatch is a large part of why Bitcoin may continue to rise. Long-Term Price Target When asked about the final value of Bitcoin—that is, its price when all coins are mined in 2140—Lee stated that he hopes it will be equivalent to the market capitalization of around 23 trillion dollars of gold. This figure corresponds to at least 1.15 million dollars for each Bitcoin if there are 20 million coins in circulation.
He chose 20 million instead of 21 million because the hypothetical losses (mất the key, forgetting ví) meant that not every penny was spent. Lee went further, saying that he sees Bitcoin could reach $2 million or $3 million per coin. That would bring his average "bullish case" to $2.5 million, which is about 2,300% increase from current levels. Predictions of Other Analysts Matthew Sigel, head of digital asset research at VanEck, also has a long-term prediction. Based on what Sigel told investors, VanEck sees Bitcoin reaching $3 million by 2050. That forecast aligns with Lee's idea of Bitcoin being on par with or even surpassing gold over time. Both predictions assume steady growth in demand, coupled with wider adoption by large institutions such as hedge funds or pension plans.