Crypto coin 5 Predictions For The Next Years
2017 has been a breakout year for crypto — with Bitcoin surpassing $10,000 and more than $3.8 billion raised this year in ICOs. We’ve seen truly mind-bending appreciation (like Ethereum’s 50X gains YTD) and witnessed the beginnings of countless new projects. In all the funding frenzy, we’ve also likely sown the seeds of some of the larger calamities that will befall the space.
1.Bitcoin
Needless to say, this tops our list. Created by Satoshi Nakamoto, this cryptocurrency was the first in the market and has far surpassed the expectations of investors. It is available on most of the exchanges.
Current Market Cap: $283 Billion
Prediction: $60,000 – $80,000
- Ethereum
Ethereum is an open source development platform that allows developers to build and deploy decentralized apps (dapps). A lot of popular projects are launched using the Ethereum blockchain. The platform uses Ether as its token.
Current Market Cap: $76 Billion
Prediction: 3000$ – 4000$
3.Bitcoin Cash
Forked off Bitcoin in August this year, the fork allows more transactions to be processed because of increased block size i.e. 8 MB. It also offers replay and wipeout protection.
Current Market Cap: $51 Billion
Prediction: 10,000$ – 20,000$
4.Litecoin
If Bitcoin is gold, then Litecoin is silver. It is also a fork of Bitcoin by Charlie Lee. Along with others, this currency has risen as well during the month of December and is currently the fourth largest cryptocurrency. The creator, Charlie has however sold all his Litecoin.
Current Market Cap: $15.7 Billion
Prediction: 1000$- 1500$
5.Ripple
Ripple is an open source digital payment network which is also used by banks such as the bank of Tokyo. Call it the ripple effect, Ripple’s cryptocurrency, XRP has risen a lot as well. The network is extremely fast and payments in XRP take 4 seconds.
Current Market Cap: $48.2 Billion
Our Prediction: 5$ – 7$
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