COINS foundation: by the end of 2018, the currency will be $40000

According to business insider "reported on February 15, the currency foundation's executive director Llew Claasen predicted that by the end of 2018, the currency of the price will be $40000, while the other 90% of the encryption currency project will fail.

As Claasen on 14 February 12 solstice entrepreneurial conference stated that this failure will be for investors to take on too much risk investment in encryption currency project, the project turned out to be a sham.
By 2018, only a month and a half of the time, had found the first coin and five main encryption monetary fraud, including the notorious Bitconnect.

Claasen believe that encryption monetary community will draw a lesson from these unfortunate events, and to prevent them in the future, as he said to block chain technology network (qkljsw.com). Claasen thinks, investors have been more cautious, they say "this is a market is good at solving problems."
As Claasen further explained, during 2018, the value of the currency will not grow to $40000. Instead, it will rebound in the time of three to six months, as the first three months of the ups and downs.

On Tuesday, Ripple Brad Garlinghouse, chief executive of also said that most of the virtual currency is likely to fall to zero.