Michael Saylor’s Bitcoin-Only Prophecy Not Aging Well As Wall Street Embraces $27 Billion In Ethereum ETFs, Buzz Builds Around XRP And Even Dogecoin
Michael Saylor may now seem comfortable with the rise and adoption of the broader crypto ecosystem, but just over a year ago, he was every bit the staunch Bitcoin (CRYPTO: BTC) maximalist.
At the time, he dismissed the likes of Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP), predicting that Wall Street would never accept anything beyond Bitcoin.
Saylor’s Sweeping Prediction About Other Cryptos
During the MicroStrategy World: Bitcoin for Corporations event in May 2024, Saylor said that no other token is going to achieve institutional acceptance this decade.
“You could see the writing on the wall when the spot ETF of Bitcoin was approved in January. By the end of May, you’ll know that Ethereum is not going to be approved,” the Strategy Inc. (NASDAQ:MSTR) co-founder stated.
He predicted that Ethereum, along with Solana, XRP, and …
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