Meet the Widely Owned Cryptocurrency Cathie Wood Believes Can Skyrocket 5,855% by 2030
For more than a century, the average annual return for stocks has stood head-and-shoulder above the annualized returns for Treasury bonds, housing, gold, and oil. But over the past decade, cryptocurrencies have left equities in the dust.
Roughly 10 years ago, the combined value of all digital currencies in existence was about $8.4 billion, according to data provided by CoinMarketCap.com. As of this writing on March 23, 2024, the combined value of more than 2.4 million cryptocurrencies had reached $2.48 trillion. That's a compound annual growth rate of nearly 77% over 10 years!
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Source Fool.com
