The cryptocurrency market is currently going through its bad times, but it is important to understand that most experts come to the conclusion that this is a working correction that was bound to happen. But on the Internet and even in authoritative sources, you can find different information about the future of cryptocurrencies for the next year and even more than 5 years. Someone believes that very soon we will see another critical growth of Bitcoin and other coins.
Others argue that it is worth waiting for a sad scenario of events-up to the complete depreciation of any digital token. And so that you are not disoriented by such dubious statements from dubious sources, we have collected for you the opinions of sources who can be trusted and collected all the main forecasts of cryptocurrencies for 2021-2025.
Analysis of investors’ emotions
Against the background of the events of May 2021, it may seem from the outside that the market is in chaos. But at the same time, the key players remain calm. And here’s why:
- The crypto industry is strengthening its position, and international and domestic regulators are having a positive impact on this.
- A thorough analysis of the situation-knowledge frees you from costs, neuroses against the background of fluctuations and rash decisions.
- Diversification — the right investment portfolios and the ability to adhere to the chosen strategy preserve and multiply assets.
Of course, Elon Musk’s statement about refusing to accept Bitcoin as payment for Tesla, excited the market and, together with other factors, served as a catalyst for the weakening of the Bitcoin exchange rate. However, he still said that the company will not sell coins. And in one of a recent tweet, he confirmed that they are ready to return to the cryptocurrency if at least 50% of the energy spent on its extraction becomes environmentally friendly.
Crypto Forecast Analysis
Contradictions are probably the main word that embodies the current situation with cryptocurrency price forecasts for 2021 and beyond. However, this is only at first glance, when you perceive all the news – from experts and people who do not understand the market or are just starting to do it. It is important to note that most reputable experts and analytical centers continue to insist on a positive forecast for the price of Bitcoin and most major cryptocurrencies by the end of the year.
The latest Bloomberg report describes the general vector of all the main forecasts. Experts wrote that the cryptocurrency is more likely to approach $ 100,000 this year than it will fall to $ 20,000.
If we turn to one of the most important sources – WalletInvestor – we’ll see that in their forecast the price of Bitcoin will reach $ 63012 in the annual perspective, and Ethereum – $ 3938, which is currently at $ 2092. However, they are not very sure about the Chia cryptocurrency, which recently became a kind of breakthrough, having got into a huge wave of popularity. Experts believe that by the end of the year it may fall to $ 12 from the current $ 275.
The growth trend is also supported by Coinpedia in one of its Bitcoin price forecasts for 2021: “By the year’s end, Bitcoin might trade at $49,996”. And $ 200,086 is their prediction about the price of the main cryptocurrency in the future for 5 years.
In order not to list all sorts of forecasts from different sources for different cryptocurrencies, we have prepared 2 lists for you: the most promising and the riskiest cryptocurrencies.
Top 10 rising cryptocurrency predictions list
Recent events prove only one thing that we already knew: the crypto market is very volatile. But that doesn’t make it any less promising or viable. Due to the fact that many factors can affect the price fluctuation of a particular cryptocurrency, it is important to understand that there are no unanimously accurate forecasts and there can not be, but the general trend can be predicted based on technical data. After analyzing the main sources of forecasts, we have compiled a list of 10 cryptocurrencies that are predicted to grow in the near future for 1-5 years.
Let’s look at them!
Despite the huge drop in the exchange rate since the beginning of the year, Bitcoin remains and will remain in the near future or even forever the main digital token in the world. And its position is difficult to shake. Most experts are confident that the growth of the BTC price will resume in the near future, and if some problems are solved (especially those related to energy costs for mining), the growth can be impressively huge. You have probably seen forecasts of several hundred thousand dollars for 1 BTC token more than once.
The price of Ethereum has fallen to $ 2,100. However, the coin is slowly gaining momentum. And taking into account the development of the project, as well as the growth in the use of technology, experts confidently predict a great future for the coin and an increase of at least $ 1000 in the coming year. Therefore, if you want to invest in Ethereum funds, now is probably the best time.
The growth of this coin in 2021 is difficult to describe in words. Of course, in recent months, like the entire crypto market, Dogecoin has partially sunk. But experts are sure that this coin will surprise us more than once.
The experts’ confidence in this coin is supported by the demand for technology and the fact that it can be scaled and applied all over the world. It remains only to wait for the “explosion” of price growth.
What has attracted the attention of the crypto market to this coin now is the upcoming updates in the Cardano blockchain. They will certainly improve the project and expand its application, which will directly affect the price of the cryptocurrency. If you do not know this project well enough, we advise you to study it and make a decision about investments.
Ripple finally won the lawsuit, and the Securities and Exchange Commission (SEC) did not grant permission to access the private documentation of the legal status of Ripple Labs. This popularity contributes to the growth of Ripple.This attracts everyone’s attention to the coin, which will have a positive impact on its price.
Chainlink is the first network of decentralized oracles between blockchains and smart contracts, and among its partners is the Swift payment system. The coin is also in the portfolio of the Grayscale investment fund.
Wallet Investor predicts that the coin will grow to $ 63 within 1 year and to $ 245 within 5 years. Now the price of UNI is almost $ 18. And most experts agree with this price prediction.
Now it has a very low price, but the popularity of the coin on the Internet is gaining momentum. It may well repeat the success of Dogecoin.
Even if you haven’t heard anything about this currency, take a closer look. The technology is extremely promising, which attracts more and more influential investors. This means that in the near future we are likely to see a rapid increase in the price and a sharp increase in its popularity.
Top 10 loose cryptocurrency predictions list
We have considered the most promising currencies, but we can not do without a review of the most “risky” coins on which you can lose money according to experts.
They most likely will not bring you profit. Or even you can risk losing your capital.
What crypto will explode in 2021?
Accurate forecasts in cryptocurrency are very difficult, since the volatility of currencies is high, and the number of factors affecting it is very large. Therefore, it is important to understand that the situation may change. However, the trends are easily guessed due to how the market is developing and the specific technologies to which the tokens are linked.
In 2021, the market is experiencing not the easiest shocks, but this is a natural process, which will be followed by further growth. Analysts believe that the most promising currencies this year will be:
- Shiba Inu
We recommend that you study the information about them in more detail.
Which crypto will boom in 2022?
In the longer term, it is even more difficult to make assumptions, but analysts, studying in detail the prospects of technologies and the possible timing of their implementation and improvement, can fairly accurately assume which of them will achieve the best results and demand in the future for 1, 3, 5 or more years.
And in addition to the currencies listed above, experienced investors and analysts also distinguish Hedera Hashgraph (HBAR) and Ampleforth Governance Token (FORTH). They believe that these currencies are undervalued at the moment, and in the future they will significantly increase in price in a couple of years.
Is it still wise to invest in crypto?
Every year, the crypto market will only increase and expand its influence. And taking into account the fact that now the price of almost all currencies has decreased after Bitcoin, now is probably the best time to invest.
Start a Cryptocurrency exchange
Try our crypto exchange platform
Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.