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I Got Rich Off Bitcoin. These 5 Altcoins Will Be Even Bigger! Transcript, AI Summary & Key Points

Altcoin Daily · 13 days ago · Science & Technology · 11:12 · EN-US

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Answer

Bitcoin's path to wealth is still the core thesis — Bitwise now targets $1.6 million per Bitcoin by 2035 — and the altcoins positioned to be even bigger are Hyperliquid, XRP, Canton Network and Ethereum (the transcript names four of five before ending).

AI Summary

Bitwise raises its 10-year Bitcoin price forecast from $1.3 million to $1.6 million by 2035, lifting its projected compound annual return from 28.3% to 34.3%. CIO Matt Hogan explains that both variables in the model — the size of the addressable store-of-value and institutional markets, and Bitcoin's share of them — grew stronger despite a rough year in which Bitcoin fell more than 50% from October 2025 to June 2026, bottoming below $59,000. Bitcoin's weekly RSI breaking its trendline and retesting it mirrors early 2023, making buying at $80K today analogous to buying at $30K in 2023. Five altcoins are named as leaders into crypto's next era: Hyperliquid (boosted by Stanley Druckenmiller's investment in Trade.XYZ partnering with NYSE ICE to bring 24/7 perpetual futures to the US), XRP (with Ripple's stablecoin RLUSD expansion, roughly half now issued on the XRP ledger), Canton Network as the Wall Street dark horse, and Ethereum, which is undervalued and needs to reprice at $5,000-$6,000 before most people turn bullish. Tom Lee will appear on the channel next week to answer questions on Ethereum, Bitcoin and crypto.

Key Points

  • Bitwise raises its 10-year Bitcoin forecast from $1.3 million to $1.6 million by 2035, boosting projected compound annual return from 28.3% to 34.3%, using the same model as last year with updated data.
  • Bitcoin fell more than 50% from October 2025 to June 2026, bottoming below $59,000, yet smart money kept adding exposure through the drawdown.
  • Two variables drive the forecast: the store-of-value market grew from $91 trillion to $110 trillion and the institutional investment market from $216 trillion to $303 trillion over the next decade; Bitcoin's market-share assumptions were kept conservatively unchanged.
  • Institutional adoption strengthened: Wells Fargo and Merrill Lynch moved toward Bitcoin, central banks and sovereign wealth funds inched closer, and Bitcoin's correlation to gold moved higher with its 53% peak-to-trough loss shallower than past bear markets.
  • Skeptical counterpoints acknowledged: money flowing into store-of-value assets has gone primarily to gold, Bitcoin remains vulnerable to big drawdowns, and ETF flow pace has slowed.
  • Bitcoin's weekly RSI broke its trendline to the upside and is retesting it exactly like early 2023 — buying at $80K today is like buying at $30K in 2023; short-term volatility is expected around the midterms.
  • Hyperliquid made the list: Stanley Druckenmiller tweeted he is an investor in Trade.XYZ as it partners with New York Stock Exchange ICE to bring 24/7 perpetual futures on Hyperliquid to the United States, and Elon Musk replied 'Interesting.'
  • Hyperliquid runs an 11-person team with $60 million-plus revenue per team member, fully bootstrapped with zero VC funding and word-of-mouth marketing.
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Transcript

Searchable transcript of I Got Rich Off Bitcoin. These 5 Altcoins Will Be Even Bigger! — Altcoin Daily (11:12). Search for a phrase, then click its timestamp to jump straight to that moment in the video.

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00:00 Using the exact same model as last year with updated data, we're raising our 10-year forecast from 1.3 to $1.6 million. Attention crypto holders, it's time for me to make my move. Who's with me? Let's talk about why Smart Money is and has been making their move during this dip. It has now been revealed by $15 billion Bitwise CIO Matt Hogan. There's a big reason why they are raising their Bitcoin 10-year target.

00:34 >> When you're making a long-term forecast, there are really only two variables that matter. How big of a market you're going after and how much of that market you think you'll capture. When we looked at the data, both variables looked remarkably strong. So, he'll talk us through the data, why institutions are getting into crypto now more than ever.

00:54 Plus, I want to talk about five altcoins that I still believe will lead crypto into its next era. The future of finance is happening now. Hey, I know most people just watch and enjoy our content and don't engage, but please, this one time, let's just see what happens if you would tap the like button. It's a small thing you can do, but it truly helps content creators like me grow.

01:18 Okay, enough with the ebagging. Let's start here. Bitwise CIO Matt Hogan has announced we're raising our 10-year Bitcoin forecast to 1,600,000. This is up from about 1.3 million. And what I like about the beginning of this clip that he talks about over the last year, he has been worried that they're going to have to lower their prediction. And they would if that's what the data had suggested.

01:48 They were prepared to lower it mentally. But when they got the new data back about around this period, the data showed that the smart money was in Bitcoin and crypto. Listen to this first part and then we'll talk about it. Last year when we published the first edition of this report, Bitcoin was marching toward its all-time high above $125,000. Sentiment was upbeat and macro conditions were benign.

02:12 At the time, we forecast that Bitcoin would rise to $1.3 million by 2035. Since then, Bitcoin has had a rough year. Prices fell more than 50% from October 2025 to June 2026, bottoming below $59,000. Sentiment cratered, and many in the media declared Bitcoin dead. Meanwhile, the macro backdrop deteriorated with a war in the Middle East, sticky inflation, rising interest rates, and mounting concerns about an AI bubble.

02:42 I was afraid the data would force us to water down our forecast, dropping our 10-year outlook from 1.3 million to 1 million or lower. The media would have had a field day. But the numbers painted a very different picture. Using the exact same model as last year with updated data, we're raising our 10-year forecast from 1.3 to 1.6 million. This boosts our projected compound annual return rate from 28.3 to 34.3%.

03:16 And here's how we got there. Again, guys, smash the like button if you appreciate me breaking this down for you. Now, let's find out why exactly why Bitwise is raising their 10-year Bitcoin forecast from about 1.3 million, now 1.6. from what was about a 28% annual growth rate, now they see Bitcoin growing at a 34% annual growth rate. When you're making a long-term forecast, there are really only two variables that matter.

03:43 How big of a market you're going after and how much of that market you think you'll capture. When we looked at the data, both variables looked remarkably strong. For one, the market potential has grown substantially. The projected size of the store of value market over the next decade grew from 91 trillion to 110 trillion, giving investors growing fears over persistent fiat debasement and high inflation.

04:10 Meanwhile, the 10-year forecasted size for the institutional investment market grew from 216 trillion to 303 trillion. Other markets that Bitcoin can address grew as well, including offshore wealth and emerging market currencies. That was the first part of the calculus. Other things equal bigger addressable markets translate into a higher potential price if Bitcoin succeeds.

04:34 At the same time, our belief in Bitcoin's ability to capture a significant share of these markets solidified further as well for several reasons. Wealth management platforms like Wells Fargo and Meil Lynch have moved toward Bitcoin, not away. Central banks and sovereign wealth funds have inched closer to it rather than retreating over the past year.

04:54 And Bitcoin's cyclical volatility has continued to decline. To be conservative, we ended up keeping our forecast of Bitcoin's share of each market consistent with last year's report, although to be honest, I was tempted to increase it. Combined with larger addressable markets, the math worked out to a higher target. Of course, a skeptic would note a few things.

05:18 The muddy flooding into store value assets thus far has primarily gone to gold, not Bitcoin. The past year has reinforced Bitcoin's vulnerability to big draw downs, and the pace of ETF flows has slowed. Fair enough. But we'd also note that Bitcoin's correlation to gold has moved higher. Its 53% peakto trough loss is far shallower than what we saw in previous bare markets.

05:41 And despite slowing ETF purchases, institutions continued to add exposure through the entire draw down. All of which is remarkable. Be prepared for shortterm volatility around the midterms, but I'm incredibly bullish on what happens with Bitcoin over the next year or so. Take a look at Bitcoin's weekly RSI compared to 2023. Bitcoin weekly RSI trend line broken up to the upside and now retesting exactly like early 2023.

06:12 This is something we talked about in our Michael Sailor video from yesterday that buying Bitcoin today at 80K is like buying Bitcoin at 30K in 2023. Now is the time to be bullish on Bitcoin, crypto, and altcoins, my friends. So, let's talk about it. Top five crypto coins that will lead us into the future. We've talked about this a lot before and so I want to show you, we've been talking about this for a long time.

06:38 Stanley Ducken Miller has now come out and said, "I'm bullish on hype." It's interesting because as far as crypto has been concerned, I always thought he was a Bitcoin maximalist. Well, no. He was just selective on what coins he's bullish on today. He tweeted out, "I'm excited to be an investor in Trade.XYZ XYZ as they partner with New York Stock Exchange ICE to bring 247 perpetual futures on hyperlquid to the United States.

07:07 As a market participant, I'm looking forward to using their innovative product to enhance my investment process. The most powerful tech billionaire in the world, regardless of what you think about his politics, Elon Musk even noted Stanley Ducken Miller's tweet on Hyperlid saying, "Interesting." So understand that Stan Ducken Miller is one of the greatest investors of all time and this is why Hyperlid is making our list today.

07:32 This is what happens when you build a world-class product. An 11 people team, 60 million plus revenue per team member, fully bootstrapped, zero VC, pure wordof- mouth marketing. Hyperlid is making big moves in the world. Make sure you subscribe to Altcoin Daily. We told you about Hyperlid in a top altcoin video months ago. this has been on your radar.

07:52 Next crypto making our list today is XRP. XRP today is so much different than XRP 5, 7 years ago. Ripple is in a whole new era, really making big moves in their stable coin adoption recently. Ripple partnering with Robin Hood and announcing a strategic partnership. the Treasury Secretary of the United States himself, Scott Bessant, speaking at Ripple's Swell conference today, giving props to Ripple, their stable coin, their company, the way that they are leading crypto in America.

08:27 Now, rest assured that Ripple creating value and liquidity for their stable coin ecosystem is incredibly good for XRP, the crypto asset. Brad Garlinghouse was asked this directly and he answers directly and he assures the XRP community that XRP remains the company's top priority. >> Dave, one of the things people are experiencing is we have a number of announcements around RalUSD and so there's some focus on RLUSD and maybe in in retrospect like that wasn't intended to take away from what we call internally our north

09:02 star. >> Yeah, >> we won't do things we only want to do things that are good for XRP. Uh I think what we're doing with RLUSD is in service of that and even relative to when we started. I mean now about half of all RUSD is issued on the XRP ledger bringing more liquidity on Ledger. Next coin making our list is kind of the dark horse of the industry today at least as far as Wall Street adoption because they're making such big moves.

09:28 People don't realize how rare it is to find a crypto project that's still early and actually building and partnering like Canton network. Like obviously Ethereum is leading the charge when it comes to stuff like this. Salana, Tron, there there are different networks doing well. So I'm bringing up Canton network today because a lot of times Canton doesn't make it into this conversation, but it is objectively clear that they're in the same conversations as the Ethereum team.

10:00 the Salana team. So, they're carving out a big niche in this booming sector themselves. And all that being said, Ethereum making our list today. It's easy to count Ethereum out because it's one of the higher caps. People always look for, you know, what coins can increase more, but I really think Ethereum is largely undervalued today. You know, I really think Ethereum has to get back up to all-time highs before most people get bullish.

10:25 Ethereum has to repric at around $5,000, $6,000 for people to realize, oh wow, this huge asset which is tokenizing Wall Street and institutions has been really flat for 5 years. What happens now? We will have the answers for you shortly. As big news for the channel, Tom Lee has agreed to appear on Oldcoin Daily next week to talk Ethereum, Bitcoin, and crypto.

10:48 No question is off limits. So, what questions do you have for him? I'm going to leave this as a pinned comment in our YouTube video, so you can come on over to Twitter and answer, and we will look below to see what questions you want us to ask. And we have our own plans for this interview. So stay subscribed and I'll see you tomorrow, my