Lightspark CEO David Marcus claimed that Bitcoin remains “severely undervalued” compared to gold, suggesting the cryptocurrency could reach $1.3 million if it matched gold’s market capitalization. “I still feel Bitcoin is severely undervalued, especially if you compare it to gold,” Marcus said during a Monday interview with Bloomberg, adding that Bitcoin would trade at $1.3 million per coin at gold parity. The statement came as Bitcoin touched a fresh all-time high above $126,000 on October 7, while to ...

When you think about it, it's incredible how many coins of protocols there are that no one uses and yet they are sitting at nine, sometimes even ten-digit valuations.So many chains and apps TGE'd this year alone, but after it's all said and done, airdrops are completed etc, no one cares about the product or uses it.Yet the teams act like everything is fine and people just move on ...