For immediate release
Finder.com July Cryptocurrency Predictions Report: TRON forecast to see 207 percent increase by end-of-month
- Price comparison site finder.com, releases July Cryptocurrency Predictions Survey, 13 coins forecast
- TRON (TRX) forecast to see 207 percent increase by end of month
- Bitcoin (BTC) predicted to hit US$7,247 (£5,488) by 1 August 2018
- Monero (XMR) once again expected to see smallest growth by end-of-year at only 66 percent
05 July 2018– Price comparison site finder.com has released its monthly Cryptocurrency Predictions Survey, on how the top 13 cryptocurrencies by market cap and three trending coins will perform in 2018.
TRON (TRX) is predicted to experience the greatest growth out of the top cryptocurrency coins* by the end of month, rising 207 percent to US$0.120 (£0.091) by 1 August 2018. This is according to price comparison site finder.com’s monthly Cryptocurrency Predictions Survey, released today.
Cardano (ADA) is expected to have the second-greatest positive price growth by 1 August (85 percent), followed by Dogecoin (DOGE) (32 percent).
Bitcoin (BTC) is predicted to hit US$7,247 (£5,488) by 1 August 2018, an increase of 18 percent, slightly more optimistic than the June prediction of 13 percent. Despite this, Bitcoin (BTC) is expected to half in value by the end of the year to US $15,372 (£11,640), half of what the panellists predicted in January, at US$33,000 (£24,989), due to uncertain regulations, high-profile hacks and buyer indecision.
IOTA (MIOTA) is expected to see the smallest growth by the end of the month at only 1 percent, followed by Monero (XMR) at 2 percent. Monero (XMR) is also expected to see the smallest growth by the end of the year at 66 percent, the second month in a row the panellists have predicted it to have the smallest end-of-year growth.
Comparing the forecast market capitalisations** for bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH) – the only 3 of the 13 coins with reported number of coins available – bitcoin (BTC) is predicted to see the highest growth by the end of the year (155 percent). This is followed by Ethereum (ETH) with a 112 percent increase, and Bitcoin Cash (BCH), with an increase of 97 percent.
The 14 panellists in the July Cryptocurrency Predictions Report include:
- Adrian Przelozny: CEO and founder of digital currency exchange Independent Reserve, focused on bringing a new approach to bitcoin exchanges
- Craig Cobb: Founder of TraderCobb.com, designed to educate people on crypto trading in a way that is simple, easy and logical
- Aaron LePoidevin: Adviser of Every Capital, Australia’s first retail crypto hedge fund. He’s also an active angel investor, startup mentor and board advisor
- Alisa Gus: CEO of WishKnish, a blockchain gamified social market network aimed at helping communities grow, and founding member of the DC Digital Economy Hub
- Fred Schebesta: Co-founder of global comparison site finder.com and OTC cryptocurrency trading platform HiveEx.com. Award-winning entrepreneur
- Joseph Raczynski: Technologist, futurist, Joetechnologist.com and Reuters, technology consultant and manager specialising in Blockchain technology
- Kunal Patel: Business mentor for Startupbootcamp FinTech and SuperCharger Fintech Accelerator, also council member at GLG (Gerson Lehrman Group)
- Adam Poulton: President of Blockchain Australia, managing director of Get Paid In Bitcoin
- Genson Glier: Co-founder and CEO of BlockToken.ai, a next-gen token-issuance platform for ICOs
- Joerg Molt: CEO and blockchain specialist of the Satoshi School 1–10 Mitglieder in Bavaria, Germany
- Brad Silver: Global head of trading at HiveEx.com, an OTC cryptocurrency trading desk
- Calvin Weight: CEO for Coinbook, a cryptocurrency trading platform, and regular speaker
- Sarah Bergstrand: COO of BitBull Capital, a crypto hedge fund with a research-focus, background in venture-backed tech companies
- Rabbi Ahmed: Head of trading at Bit Trade, Australia’s longest-running provider of digital currency trading, background in trading and stockbroking
- Marie-Antoinette Tichler: CEO of C2Legacy Technologies, a digital assets management platform
The full details of the survey, complete with comments from the panellists, can be found here: https://www.finder.com/uk/cryptocurrency-predictions
Jon Ostler, UK CEO at finder.com says, “Although the European Parliament’s positive research on cryptocurrencies has given Bitcoin’s value a boost, the end-of-year prediction for bitcoin remains half of what it was in January. At £11,640, our panellists aren’t expecting bitcoin to see the same rally it had at the end of last year.
“Instead, with TRON’s mainnet recently launched, our panellists have shown a lot of faith by predicting it to rise higher than any of the other top coins. This could be a coin to watch if it manages to keep momentum up.
“Despite these forecasts, and the recent praise of cryptocurrency, it’s important for potential crypto purchasers to do their own research and be aware of the risks when investing in any currency as increases are by no means guaranteed. When in doubt, seek help from a professional advisor in order to better understand the risks before purchasing.”
For more information on finder’s cryptocurrency predictions, please visit https://www.finder.com/uk/cryptocurrency-predictions.
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's review pages for the current correct values.
finder.com is a personal finance website, which helps consumers compare products online so they can make better informed decisions. Consumers can visit the website to compare utilities, mortgages, credit cards, insurance products, shopping voucher codes, and so much more before choosing the option that best suits their needs.
Best of all, finder.com is completely free to use. We’re not a bank or insurer, nor are we owned by one, and we are not a product issuer or a credit provider. We’re not affiliated with any one institution or outlet, so it’s genuine advice from a team of experts who care about helping you find better.
finder.com launched in the UK in February 2017 and is privately owned and self-funded by two Australian entrepreneurs – Fred Schebesta and Frank Restuccia – who successfully grew finder.com.au to be Australia's most visited personal finance website (Source: Experian Hitwise).