interview<\/a> on CNBC Television, Perianne Boring, the crypto advocacy group\u2019s founder and CEO, says that BTC\u2019s fair value price is likely already somewhere between $100,000 and $210,000 per token.<\/p>\nAccording to Boring, a combination of mass adoption and limited supply will greatly boost the top crypto asset by market cap\u2019s price during the next five years.<\/p>\n
\u201cWe use valuation models to try to understand what the value of Bitcoin is today. We all know what the price is\u2026 but the real question that we need to understand, that investors need to understand is, what is the value? We use four different valuation models. <\/em><\/p>\nToday, it has the price of Bitcoin currently valued at $100,000 to $210,000 per Bitcoin. We also apply an S-curve analysis to look at the long-term adoption of Bitcoin, currently about 40% of U.S. households have already allocated and own some form of cryptocurrency today. <\/em><\/p>\nWe are on track for 90% adoption by 2029. Once we hit that 90% adoption, prices could go as high as $1 million a coin because, again, Bitcoin has that limited supply, which is a key feature of this technology.\u201d <\/em><\/p>\nBitcoin is trading for $42,987 at time of writing, a fractional increase on the day. A rise to Boring\u2019s target would be about a 2,200% increase for the flagship digital asset.<\/p>\n