PANews reported on May 6 that according to The Block, Binance founder Zhao Changpeng predicted that Bitcoin may reach $500,000 to $1 million in this cycle, and the total market value of the crypto market is expected to exceed $5 trillion by the end of the year. In the interview, he pointed out that the current Meme coin bubble is serious (99.99% will fail), and AI and decentralized science (DeSci) are the long-term value direction of blockchain technology, predicting that "AI will be deeply integrated with blockchain." Zhao Changpeng particularly affirmed the Trump administration's pro-crypto policy, saying that the US regulatory environment "has changed 180 degrees compared to a hundred days ago." Regarding trading infrastructure, he believes that the scale of decentralized exchanges (DEX) will eventually surpass centralized platforms, but the two are essentially "different portals to the blockchain world." After four months in prison, Zhao Changpeng said that he no longer considers returning to the CEO position of Binance. His current focus is on guiding new founders, but he has no intention of leading specific entrepreneurial projects.
Changpeng Zhao: Bitcoin price could reach $500,000 to $1 million in this cycle
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