With roughly 1.4 MM tons of silver in circulation, the net market cap is at 1.3T dollars at $30 an oz. Bitcoin has roughly 18 MM coins in circulation, meaning at 75k, we surpass Silver
The news of this event, that the leading crypto asset has surpassed the number 2 precious metal, will be a headline on every news and financial website that you read. Gunning for Gold, Silver Surpassed, Bitcoin Beats Silver, are just a few of the headlines you will read.
At that point, cryptos place as an emerging asset will be undeniable. And as more players enter the game, we will surpass 100k per coin and look to challenge gold's throne as market hedge king.
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