Expert Offers Insights on the Amount of Cryptocurrency Required to Become a Millionaire

The widely followed channel Altcoin Daily analyst recently shared insights into the volume of crypto assets one needs to hold to become a millionaire in this bull cycle.
Specifically, the
analysis
provided a breakdown of Bitcoin (BTC), Solana (SOL), Ethereum (ETH), Cardano (ADA), and Uniswap (UNI) tokens that one may need to leverage to attain wealth by 2025 when this bull market is expected to end.
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How Much Bitcoin to Hold
The analyst began by sharing his optimistic outlook, predicting that Bitcoin’s price will surge to
at least $120,000 by 2025
. This estimate draws from Bitcoin’s historical performance, typically 12 to 18 months after halving events. He believes this price point is a conservative target, assuming consistent demand for BTC.
Presently, Bitcoin trades at around $58,500, having dropped 13% over the past week. Despite this short-term decline, the Altcoin Daily presenter stressed that the lower price presents a buying opportunity. He advised viewers to look beyond the
current market fluctuations
and focus on the long-term potential.
Based on the $120K outlook, the Altcoin Daily analyst calculated that investors would need to hold only approximately 8.33 BTC tokens to become millionaires by next year.
However, achieving this goal comes with a hefty upfront cost. Specifically, the required 8.33 BTC tokens necessitate an initial investment of approximately $487,500 at the current price. This substantial outlay can be a significant barrier for the average investor.
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As a result, the analyst suggests that alternative cryptocurrencies offer a more accessible route for average investors to achieve millionaire status during this bull run.
Becoming a Millionaire with Ethereum
As an alternative, the analyst turned to
Ethereum
, the leading altcoin. He shared his conservative estimate of ETH reaching $9,000 by 2025.
Given Bitcoin’s potential to double from its current price, he believes Ethereum could triple or quadruple in the same period, making $9,000 a reasonable low-end estimate.
Notably, the upcoming launch of an Ethereum spot ETF is expected to bring traditional finance institutional money. As a result, Altcoin Daily noted that Ethereum still has a strong chance of reaching $9,000 even if it attracts meager investment.
To become a millionaire through Ethereum, an individual must hold approximately 111 ETH tokens. At the current market price of $3,156, this would require an initial investment of around $350,666.
Becoming a Millionaire Solana and Uniswap
Meanwhile, investing in
Solana (SOL)
requires even less capital. The Altcoin Daily analyst referenced Raoul Pal’s bullish projections, who believes that a 100% increase in Solana’s value this quarter would be unusual and a 300% gain would be more standard.
Pal’s ambitious target for Solana is for the asset to attain between $1,000 and $2,000 this cycle. However, the Altcoin Daily analyst settled on $1,100, praising Solana as the narrative gem of this cycle.
Based on this projected price, an individual must hold approximately 909 SOL tokens to become a millionaire by 2025. With Solana’s current floor price of $140, this would require an initial investment of around $127,260.
For the next altcoin worth investing in, the analyst recommended
Uniswap’s token, UNI.
He highlighted the project’s real annualized revenues of over $350 million earned by liquidity providers, significantly outpacing its nearest competitor.
Accordingly, he stressed that revenue is a crucial indicator of a project’s sustainability, suggesting that Uniswap will likely remain viable for at least another 5 to 10 years.
Altcoin Daily’s projection for UNI is a price target of $220 by 2025. Based on this outlook, an individual must hold approximately 4,545 UNI tokens to reach $1 million in this cycle. This would require an initial investment of around $37,087.2 at the current price.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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