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As the cryptocurrency community digests President-elect Donald Trump‘s controversial launch of the Official Trump (TRUMP) meme coin, author and investor Robert Kiyosaki has shared a skeptical view on the development. The ‘Rich Dad Poor Dad’ author limited his comments on the coin but offered a general perspective on cryptocurrency, stating that the sector as a whole is evolving into a “farce,” straying from its initial purpose as the future of finance, he said in an X post on January 19.  With the unveiling of celebrity-endorsed tokens like TRUMP, which lack significant underlying fundamentals, Kiyosaki argued that the sector is becoming tyrannical. Picks for you 2 cryptocurrencies to reach $50 billion market cap in Q1 2025 16 hours ago ...

Robert Kiyosaki, the prominent investor and author of the best-selling personal finance book Rich Dad Poor Dad , has long warned of the fragility of the U.S. economy, frequently raising the alarm of a massive looming crisis. The S&P 500 price chart with Rober Kiyosaki’s crash predictions up to 2021. Source: @fintwit_news Still, it is worth pointing out that the writer’s specific predictions – particularly those cautioning that an economic crisis is imminent – haven’t always been well-timed and the stock market has been on a near-constant rise despite the dire forecasts. Additionally and, again, despite being a supporter of Donald Trump and elated by the election results, as evidenced by his X posts, Kiyosaki appears to indicate that America is not out of the woods. Indeed, on December 9, the finance guru once again took to social media to advise his followers on how to survive ‘the CRASH that is coming.’ ...

Amidst the ongoing Bitcoin (BTC) rally, which has seen the cryptocurrency first come within $2,000 of $100,000 and then recover from a weekend slump below $90,000 to climb to $98,805 in the early hours of November 25, Robert Kiyosaki has taken to providing forward-looking price predictions for the coin. BTC 7-day price chart. Source: Finbold In his most recent X post, the prominent investor and author of the best-selling personal finance book ‘ Rich Dad Poor Dad ’ stated that BTC will hit an even more impressive $500,000 in 2025.  Still, it is worth noting that the forecast is not the result of Kiyosaki’s Analysis – his could be more bullish as he previously predicted Bitcoin would stand at $300,000 during 2024 – but of an unnamed artificial intelligence (AI) platform. Picks for you Why Bitcoin could hit $100,000 today ...