Bitcoin May Reach $1.5M by 2030, Cathie Wood Says, as Meme Index ($MEMEX) Enters the Market

Despite current turbulences, Wood believes Bitcoin is right on course for this landmark for a couple of reasons. More than 74 public companies now hold Bitcoin on their balance sheets.

Fresh US CPI data reveals a hotter-than-expected rise in consumer prices. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) increased by 0.5% in January 2025, exceeding economists' predictions of a 0.3% rise and the Federal Reserve's 2% inflation target.

The year-over-year CPI reading also came in higher than anticipated, showing a 3% gain compared to the expected 2.9% and December's 2.9% reading. This surprising uptick signals persistent inflationary pressures, which could influence market expectations and upcoming Fed policy decisions.

Moreover, the core CPI data, which excludes volatile food and energy prices, also brought a disappointment. The index rose by 0.4% in January, exceeding the expected 0.3% increase and marking a sharp uptick from December's 0.2% gain. This indicates that underlying inflationary pressures remain persistent.

The crypto market reacted swiftly to the latest inflation data, with Bitcoin slipping below the $95,000 mark in response. Amid rising inflation and global uncertainty, Bitcoin has remained rangebound for the past two months.

Since briefly surging past $108,000 during the post-flattening rally, the leading cryptocurrency has yet to confirm a clear breakout or breakdown. Despite this consolidation, many analysts see the current price range as a prime accumulation zone, suggesting that Bitcoin could be gearing up for its next bull run.

Bitcoin May Reach $1.5M by 2030

Cathie Wood, the CEO of ARK Invest, believes Bitcoin can breach the $1.5M mark by the end of 2030.

Despite current turbulences, Wood believes Bitcoin is right on course for this landmark for a couple of reasons.

More than 74 public companies now hold Bitcoin on their balance sheets. The total value, in fact, has increased 5x during the last year – from $11B in 2023 to $55B in 2024.

ARK Invest has published a report with Bitcoin price targets under various scenarios.

Sure, Bitcoin has a long road ahead, with several optimistic price predictions backing its seemingly monumental growth.

However, short-term turmoil like unfavorable CPI data can undoubtedly dent your portfolios. This is why we recommend taking refuge in the best crypto presales.

Since these aren't listed on exchanges yet, they remain unaffected by external conditions. With crypto set to make a strong comeback later, now’s a good time to invest in these upcoming meme coins.

So, which of the best meme coins should you pick? Surely, one won’t be enough, as you need diversity in your portfolio. Enter Meme Index ($MEMEX).

What Is Meme Index ($MEMEX)?

Meme Index is a top trending crypto project that allows token holders to purchase a curated basket of meme coins as per their risk appetites.

The crypto market is admittedly a difficult landscape to navigate, one that requires extensive research. However, not all investors are able to stay abreast with developments and end up in losses.

This is where $MEMEX comes in handy. Instead of doing all the legwork, you can simply pick from four pre-designed baskets to invest in.

There are four indexes you can choose from:

Why Can $MEMEX 100x?

Meme Index ($MEMEX) is hands down the most ideal pick for investors who are new to the crypto markets. Plus, with the number of newbies only increasing, $MEMEX could very well be among the hottest tokens.

Instead of randomly investing in unknown meme coins, you can bank on $MEMEX, which gives you access to smartly curated baskets by experts.

Plus, each coin in a basket is included (or excluded) based on votes from community members. This ensures you’re going in the direction of market sentiments and picking only the best cryptos to invest in.

For more information, check out $MEMEX's whitepaper and its X feed.

You can also stake your purchased $MEMEX tokens to earn a very healthy 633% APY as staking rewards.

If this is your first time investing in a crypto presale, here’s a detailed guide on how to buy $MEMEX.

However, none of the above is financial advice, and you should do your own research before investing your hard-earned money.

The crypto market can be highly volatile, and it’s best you consult a professional financial advisor to be doubly sure.