Forecast of the value of top-end crypto currency by 2020. How will the market change?
We are slowly moving towards the format of a society in which the economy is completely decentralized, and instead of fiat money people will use the crypto currency .
Whether you like it or not, the crypto community continues to promote this idea and unite enthusiasts around the world. Despite the fact that the cost of coins is extremely unstable, the popularity of virtual money is growing.
Indeed, if you have a small amount of extra money, then buying a crypto currency will not cause financial damage. But which coins are better to invest? Let's reflect on the future and value of the most famous coins, writes U.today .
"Making a long-term forecast is easier than short-term ," said Nawal Ravicant of the Zcash Foundation.
In fact, short-term forecasts are more complicated, because in the short term we need to take into account time risks, geopolitical events, technological achievements, failures, etc. In the long run, these factors may not matter.
What determines the price of a coin?
Before we begin to review the best coins for purchase, let's find out what their value may depend on. Potentially, these factors can affect the price of the crypto currency:
- Software update . When network quality improves (transaction time, block generation, protection against hackers), the prices for crypto currency fly up. As a professional trader, you must follow the updates and anticipate the subsequent price movements.
- Hypes around the coin . Probably, this is one of the most important factors. Indeed, public opinion can both build a crypto currency on a pedestal, and destroy it. Traders who rely on HYIP should complete the trade before the hype stops.
- Reliability of the wallet . Since all the digital currencies are digital, the lack of a good crypto-currency purse to store coins can scare off future investors and affect the price of the currency.
- State regulation . As soon as some countries prohibit mining and trade in crypto-currencies, interest in coins cools, which immediately and seriously affects their significance and price. SEC and Venezuela are good examples.
- Application platforms . Some crypto-currencies create additional applications that can have their own tokens. If such an application works well, it can have a positive impact not only on its own token , but also on the underlying platform.
Let's try to imagine what the market capitalization of the currency will be in 2020, and what coins should be paid attention to.
Most experts on crypto currency are sure that in 2020, bitcoin will continue to dominate the market of top-end cryptonyms. Its value will be preserved due to the following factors:
- the flow of money from institutional investors;
- high speed of implementation;
- a possible global financial crisis.
Many companies buy BTC, hoping to make investments that will pay off in the future. Of course, the Lightning Network will add an additional value to the bitcoine ecosystem.
As for the price of bitcoin, it is expected that within two years it will grow by 200%, so by September 2020 it could be about $ 13,000-14,000. However, many experts are sure that the prices for BTC will grow from $ 25,000 to $ 250,000.
As for Ethereum , then the situation is controversial: the opinion of specialists tends to pessimistic forecasts. Although Ethereum is still one of the main platforms for developing decentralized applications, everything can change if this network is not capable of withstanding transactional load.
Projects Blockchain 3.0 and 4.0 are "on the heels" of Ethereum, and developers need to work on scalability or move to an unloaded EOS box .
It is difficult to calculate the future price of coins when the total emission is unknown. According to Vitalik Buterina, in 2020 there will be about 100 million ETH in circulation, and the Ethereum market share will be approximately 1,137,500,000,000.
$ 1,137.5 billion: $ 100,000,000 = $ 11,375 per coin, ~ + 4,000% on today's price.
It's no secret that XRP can become the king of the banking infrastructure, so Ripple's forecast for 2020 is very optimistic.
It is rumored that Ripple has established a partnership with Western Union and even wants to replace the SWIFT network. Today Western Union and Moneygram are already considering the possibility of using XRP.
As for the price, then the forecasts vary. According to WalletInvestor, in a couple of years its price could grow by 380% and reach $ 0.6-0.7. The command longforecast.com predicts a maximum price of $ 0.42, analysts at cryptoground.com talk about $ 1.20, which makes the coin ideal for long-term investments.
If you are in doubt and are still wondering which coin to invest, in the near future EOS will become a reliable source of profit. It is expected that EOS will become the number one system for enterprise applications.
If we ever witness the transition of Twitter, Uber and Facebook to decentralized platforms, they will certainly be built on EOS. This block is scalable, and most Ethereum projects can be transferred to the EOS network, which makes it a potential killer for ETH.
For EOS 2020, the year can be a period of flourishing: in the middle of the year, the crypto currency can reach $ 95, and by December 2020 it will fall to $ 55.
Stellar Lumens (XLR)
XLR is the main competitor of XRP (it has a 5-fold share of the XLM market). If Ripple dominates the banking sector, then Stellar Lumens can occupy the rest of the market, including in the areas:
- Money transfers;
- decentralized exchanges , such as SDEX;
- ICO at Stellar;
- implementation of Lightning Network;
- cross-border payments in small banks.
The projected price of Stellar Lumens in 2020 is about $ 0.64- $ 0.7. However, some experts give more optimistic forecasts.
Thanks to the revolutionary technologies underlying NEO, the coin will continue to gain momentum at a record pace. The NEO ecosystem has a great potential for becoming a large public infrastructure, the Chinese government is also interested in this. If "kryptoyuan" is created, NEO will be head and shoulders above all competitors.
Because of optimistic forecasts, NEO is one of the most worthy investment coins: thanks to investments by the Chinese government and other enterprises, its price can grow to $ 200 and even $ 300 per token. According to cryptoground.com, in 2020 the cost of NEO is $ 88, Google calls the price $ 77.
The launch of the Goguen project and the KEVM test network can give impetus to the rapid increase in the price of Cardano .
Growth can also contribute to the introduction of Cardano in the eastern Pacific, especially in Japan. According to previsionibitcoin.it, the price of Cardano in 2020 can grow from $ 0.29 to $ 0.5.
Litecoin , one of the main crypts for future investments, will continue to conquer the market due to its technological superiority over bitcoin. We know that while bitcoin can not be used as a global payment network, while the Litecoin platform is ready to share this network load. Thanks to Lightning Network, LTC can replace bitcoin in many transactions.
According to forecasts, in 2020 the price of Litecoin could double and reach $ 80. Some analysts of the market are confident that it will grow by 440% and in mid-2020 it will reach $ 234.
Since QASH can be a convenient platform for both retail and institutional investors, its price can grow significantly in 2018. Agree, it's good to trade altcoyins without having to exchange them for ETH and BTC?
That's why QASH was created – its LIQUID platform combines all the main exchanges for trading with altcoyins . According to tradingbeasts.com, in 2020, we will witness a rise in the cost of QASH tokens from $ 1.65 to $ 12. The Coin Predictions website shows that QASH will range from $ 1.5- $ 7.
What distinguishes QASH from competitors :
Factors of success
Present on the stock exchange or in the banking sector
Adjustable or not
Are the main products created and tested?
The introduction of crypto-currencies around the world and the next global economic crisis can help to increase its value. Despite rumors, a bubble called "crypt" will not explode either in 2019 or in 2020.
Therefore, if you decide to invest in a crypto currency, you have a good chance of multiplying your assets multiple times in one or two years.