Forecast for the year. How much will the cryptocurrency cost at the end of 2018

Bitcoin, Ethereum and Ripple have risen significantly over the past year. However, the market lost 67% of its value in just one month. According to analysts, the value of digital money will recover over the …

Bitcoin, Ethereum and Ripple have risen significantly over the past year. However, the market lost 67% of its value in just one month. According to analysts, the value of digital money will recover over the next 11 months and continue to grow.

In the last few months of 2017, the rate of almost all cryptocurrencies has grown significantly, while at the beginning of this year their value has rolled back. Someone thinks that the price of the largest digital money in terms of capitalization will still win back positions, others call the market a financial bubble. Analysts of the Canadian publication Profit Confidential made their forecast for the rate of the first three cryptocurrencies in terms of capitalization (bitcoin, ether and Ripple) by the end of 2018. The experts analyzed the further development of the rate of only those coins in the prospects of which they are sure.

Bitcoin

According to analysts, bitcoin remains the first cryptocurrency, not only in terms of time of creation and total capitalization, but also in terms of status and universal recognition. The fact that many governments are trying to find a way to govern it speaks volumes.

This is the most common coin, with 166 thousand transactions carried out in the last 24 hours. It is also the most liquid cryptocurrency according to BitInfoCharts .

The single most common criticism of Bitcoin is its lack of scalability, which has made Bitcoin transactions expensive and slow. However, in the near future this problem can be solved by the introduction of the SegWit technology, which speeds up operations and reduces fees. Lighting Network technology is also developing.

Experts from the Canadian portal believe that these facts will positively affect the value of the first cryptocurrency, and by the end of 2018 it will be at the level of $ 15,000, 67% higher than now (the market average of 8,700 as of February 12), but almost $ 5 000 lower than the record on December 21, 2017.

Ethereum

At a time when the value of the digital money market has dropped significantly, Ethereum has withstood the "global sell-off" better than other cryptocurrencies. While the price of bitcoin fell from $ 19,848 to $ 6,127, and Ripple fell from $ 3.84 to $ 0.55, ether dropped from $ 1,400 to $ 600.

The cryptocurrency is based on smart contract technology, decentralized applications are developed on the platform. The more such applications are running, the more ETH is in demand. Currently, there are about 1000 of them.

In addition, Ethereum enters into partnership agreements with major financial and technology companies through the Enterprise Ethereum Alliance. According to analysts, this affects the growth in value.

Profit Confidential experts believe that Ethereum will significantly increase in price in the long term and overtake Bitcoin in terms of total capitalization. But by the end of 2018, the price will not rise so much – up to $ 1,500 (exchange rate on February 12 – $ 852).

Ripple

The Chinese company Ripple enters into a large number of agreements with major payment systems such as the American MoneyGam and Japanese and Korean banks that are testing the coin technology.

Therefore, the analyst of the financial portal considers this cryptocurrency very promising, its price will rise significantly again in 2018. According to the expert, by the end of the year the currency will again exceed the $ 3 mark. His colleague notes that the coin is extremely undervalued, so its price will reach $ 10.

Note that so far no one has been able to give at least an approximately accurate forecast for the cryptocurrency market for the year ahead. Experts and analysts themselves confirm that they can only guess what the price of the coin will be after such a long time.

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