Mark Cuban, a billionaire investor, believes that Bitcoin can still go “way higher” than you think.
Cuban’s latest post on X.com did not reveal a specific price target for BTC, but he was extremely positive about the future of the world’s biggest cryptocurrency by market capitalization.
What could cause BTC to increase in price by 2024?
Mark Cuban is in agreement that Donald Trump’s election to the White House would be positive for Bitcoin. Mark Cuban expects that “lower tariffs and tax rates” will be the primary catalysts for Bitcoin’s price appreciation.
He added that global uncertainty due to geopolitical tensions, and their impact on USD as a reserve currency, could make BTC “safe havens” worldwide.
If Bitcoin does indeed rise as Cuban predicts, it will likely reflect its strength in other cryptocurrencies (as is usual), including Blackjack. Let’s see what $JACK will bring to potential investors in 2024.
Blackjack exposes you rapidly growing markets
Blackjack combines gambling with cryptocurrency, creating a platform which essentially exposes you to two of the most rapidly growing markets.
Online gambling is expected to generate close to $98 billion this year, and the market will grow at a compounded annualised rate of 6.46% until 2029.
Then there’s the market for meme coins, which was not even big enough before the pandemic to be called a “market”. By the end of the pandemic, the market had already reached a valuation of more than $20 billion.
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Blackjack ($JACK), a new online casino, will launch on July 31
Blackjack could be a great investment for 2024, especially since it is about to launch July 31 . Early investment in a meme coin such as $JACK can yield significant returns.
Plus, the native Blackjack coins will likely sell for pennies during its upcoming pre-sale, so you won’t need to break the bank in order to build up a large position in $JACK.
After the presale, it is likely that the team behind Blackjack would list the native meme token on a prominent crypto exchange which tends to boost the price.
Click here to learn how you can invest in $JACK’s upcoming presale.
$JACK could benefit from broader crypto tailwinds
It is worth noting that, meme or no, Blackjack is at its core a cryptocurrency, which means that it can potentially profit from the wider crypto market tailwinds.
Expectations include that the US Federal Reserve will start cutting interest rates in September.
Investors tend to invest more capital in risky assets, such as cryptocurrencies like the native Blackjack coin.
$JACK is a promising investment in the coming months, not only because it is built on the Solana Blockchain but also because meme coins based on Solana have performed well since 2024.
On the website, you can learn more about Blackjack as a new crypto platform.
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