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Veteran trader Joe McCann predicts Bitcoin could surge to $400,000 driven by institutional demand, while Solana may hit $420. Ethereum, however, faces criticism as an underperforming asset. His insights highlight shifting dynamics in the crypto market.
- Bitcoin could reach $400,000 due to institutional demand, ETF inflows, and potential US policy shifts under Trump.
- Solana's scalability and meme-coin adoption (e.g., Trump-branded tokens) could push its price to $420, aided by upcoming ETFs.
- Ethereum faces criticism for being cannibalized by its Layer 2 solutions, with McCann calling it 'not worth owning' due to weak fee revenue.
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Other Tags: Cynthia Lummis, Joe McCann, Scott Melker