1 Top Cryptocurrency to Buy Before It Soars 6,200%, According to Cathie Wood of Ark Invest

Ark Invest's Cathie Wood has made a name for herself as a bit of a financial maverick. She seems to like going against the grain and is unafraid of making bets -- and sticking to them -- that others might shy away from. For example, even with all of its recent woes, Wood is unapologetic in her backing of . Beyond these bold bets, however, are her often-bolder public predictions.

Chief among these is her belief that Bitcoin (CRYPTO: BTC) will continue to rise in price to levels that most crypto investors can only dream of. Wood is a huge proponent of Bitcoin and crypto more generally and was one of the more influential figures in getting spot Bitcoin exchange-traded funds (ETFs) approved by the Securities and Exchange Commission. During that process, she stated that her company believed Bitcoin could be worth as much as $1.5 million by the end of the decade (her base case target was $600,000, still not a bad return).

However, more recently, she has said she believes the upper target could be as high as $3.8 million by 2030. That's a roughly 6,200% return from today's price and represents a more than 100% annual return.

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Source Fool.com