Biden Bets Big on Bitcoin: Predicts $220,000 Price Target by 2028
Hunter Biden, son of former US Vice President Joe Biden, has reaffirmed his commitment to the cryptocurrency market despite criticism surrounding one of his own ventures. In a recent roundtable discussion, he expressed confidence in Bitcoin's (BTC) potential, predicting it will reach $220,000 by 2028.
Biden's comments come after his token, LAPTOP, suffered a significant decline of over 99% due to allegations of pump-and-dump schemes. However, he remains optimistic about the future of cryptocurrencies and believes they offer an escape from 'mega monopolistic banks.'
Despite the controversy surrounding his own venture, Biden's prediction for Bitcoin's price target by 2028 is a bold one, suggesting that he still sees significant growth potential in the cryptocurrency.