Media Release

finder’s June 2018 Cryptocurrency Predictions Report

Monday 11th June, 2018

Good morning,

I thought you might be interested in our June Cryptocurrency Predictions Report, which has just been released. This month, 10 fintech leaders have provided their predictions on how the top 10 by market cap and top three trending cryptocurrencies will perform in 2018.

Out of the 13 coins, our panellists predict that EOS (EOS) will experience the greatest growth by 31 December 2018 (206%). EOS’s price was $16.42 (AUD) per unit on 30 May 2018, and is forecast to reach $50.27 by the year’s end.

TRON (TRX) is expected to have the second-greatest positive price growth by 31 December (146%), followed by Cardano (ADA) (145%).

Bitcoin (BTC) is predicted to hit $18,883 (AUD) by the end of the year. This is less than half what our panelists predicted in January, at $43,370 (AUD) on average by 31 December 2018.

None of these coins are expected to drop in value by the end of the year, but two are forecast to decrease by 1 July 2018 – IOTA (MIOTA) is estimated to fall 8% in price, followed by Monero (XMR) at a 7% loss.

Comparing the forecast market capitalisations* for bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH) – the only 3 of the 13 coins with a reported number of coins available – bitcoin (BTC) is predicted to see the highest growth by the end of the year (99%). This was followed by Ethereum (ETH) with a 91% increase, and Bitcoin Cash (BCH), with an increase of 76%.

The full details of the survey, complete with comments from the panelists, can be found here: https://www.finder.com.au/cryptocurrency-predictions

Please get in touch if you have any queries.

Kind regards,
Natasha McNamara

PR Manager | Money
natasha.mcnamara@finder.com
+61 413 492 594

*Market cap was calculated by using the number of coins expected to be in circulation by the end of the year and the panelists’ forecasts of each coin’s value by the end of the year.

All figures are represented in AUD, correct as at 10:30am AEST Thursday 7th June, 2018.

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Disclaimer

The information in this release is accurate as of the date published, but rates, fees and other product features may have changed. Please see updated product information on finder.com.au's review pages for the current correct values.

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