Yes, but I just want to mention demand in this context isn't adoption of cryptocurrencys, but demand to own them. For example if we were talking about a stock, Tesla's stock price may go up because of increased demand for the stock, but that isn't necessarily because there is more demand for Tesla's products, although a predicted increase in future demand could be what investors buying the stock are betting on.

Also, at this level demand owning crypto only makes sense if it's undergos mass adoption fairly quickly. I believe Bitcoin has a market cap of around 3 or 4 times that of PayPal, so that's the kind of mass adoption we'd be talking about here for current prices to make sense.