RT Token Terminal 📊 (@tokenterminal)💥⚖️ POWER LAW: Stablecoins live on many chains, but only 3 chains host more than $10 billion in natively minted stablecoins. https://t.co/a8aOWz22Q4 ...

💥⚖️ POWER LAW: Stablecoins live on many chains, but only 3 chains host more than $10 billion in natively minted stablecoins. https://t.co/a8aOWz22Q4 ...

⚖️ POWER LAW: @ethereum & @trondao host ~90% of the total stablecoin supply. @solana is the third chain that hosts over $10 billion in stablecoins. https://t.co/SIk862X3Ao ...

General Observation - The document visualizes the concept of power law [1]

Power law visualized: https://t.co/ECc8bP6Eld ...

Bitcoin Price Prediction - To reach $1 million, Bitcoin needs to double its price a little over three times [1][2] - The current doubling time for Bitcoin is approximately two years, but it is gradually increasing [1] - Based on the parallel core trend, Bitcoin could reach $1 million around 2033, potentially sooner with market bubbles [2] Volatility Analysis - The standard deviation of the core Bitcoin price trend is about 20% [3] - The standard deviation of Bitcoin bubbles has significantly decreased from over 100% to approximately 37% [3] - The volatility of Bitcoin bubbles is decreasing roughly as a reciprocal relationship to Bitcoin's age [4] Forecast Methodology - The forecast method considers both the parallel core mean and the bubble mean, along with the standard deviation size for the bubble [5] - The right tail of the bubble, specifically one and two standard deviations above the mean, indicates potential extreme prices [5][6] - There's an estimated 8% chance of Bitcoin price being one standard deviation above the bubble mean and only about a 1% chance of being two standard deviations above [6] Power Law Model - The ratio of price increase for the power core can be calculated by taking the inverse of Bitcoin's age, adding one, and raising that to the power law index of 58% [8] - At Bitcoin age 245 years, the parallel core median line is projected to be around $1 million [9][10]