Media Release

Cryptocurrency predictions: BTC to hit $US29,533 ($AU38,007) by end of year

Good morning,

The results from our March 2018 Cryptocurrency Predictions Survey, have just been released, so we wanted to share the key findings below.

This month, 9 fintech leaders have provided their forecasts on how the top 10 by market cap and top 2 trending cryptocurrencies will perform in 2018.

Out of the 12 coins under review, our panellists predict that Dogecoin (DOGE) will experience the greatest growth by December 31, 2018 (+2,920%). Cardano (ADA) has the second greatest increase in value (+595%) by the end of the year, followed by Ripple (XRP) (+541%).

All coins are expected to rise in value by the end of 2018, signalling optimism for future growth.

Comparing the forecast market capitalizations for bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH) – the only three of the 12 coins with reported number of coins available – Ethereum (ETH) is predicted to see the highest growth by the end of the year (+212%). This was followed by Bitcoin (BTC) with a +194% increase, and Bitcoin Cash (BCH), with an increase of +123%.

The top coins to watch out for this year, according to our panelists, are Ethereum (ETH) and Stellar Lumens (XLM).

The full details of the report, including comments from the panellists and methodology, can be found here:

Please don’t hesitate to contact me if you have any enquiries.

Natasha McNamara
+61 413 492 594

*AUD/USD conversion correct as at 4:30pm Tuesday 6th March 2018, AEST.


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