Winklevoss Twins Call for $1 Million Bitcoin Price as Gemini Goes Public

Core Viewpoint - The Winklevoss twins predict Bitcoin could reach $1 million per coin as it disrupts gold, emphasizing the early stage of cryptocurrency adoption [1][2]. Company Overview - Gemini, founded by Tyler and Cameron Winklevoss in 2014, recently launched its IPO, pricing shares at $28, which opened at $37.01, giving the company a valuation of approximately $4.4 billion [3]. - As of the latest trading, Gemini's share price has decreased to around $34 [3]. Market Performance - Bitcoin is currently trading at approximately $116,507, reflecting a 2% increase over the last 24 hours and over 5% rise in the past week, while remaining about 6% below its all-time high of $124,128 reached in August [5]. Future Predictions - The Winklevoss twins believe Bitcoin will primarily function as a store of value rather than a transactional currency, contrasting with views from other industry leaders [4]. - Other notable predictions include Tom Lee from Fundstrat Global Advisors forecasting Bitcoin could reach $200,000 by the end of the year, while Arthur Hayes from BitMex suggests a target of $250,000 by 2025 [4][5].