Bitwise CEO: The valuation of SpaceX’s IPO could be close to the entire crypto market excluding stablecoins

Odaily Planet Daily News Bitwise CEO Hunter Horsley posted on platform X that if SpaceX goes public in the future, its valuation could be comparable to the total market capitalization of the entire cryptocurrency market excluding stablecoins. This indicates that the crypto market is still in a relatively early stage and its overall scale is not large. Hunter Horsley also stated that the market's focus should not be on competition between specific assets or projects, but on whether they can create truly valuable products and services and promote the widespread application of blockchain technology in the real world. Bitwise supports all individuals and teams working towards this goal.