For immediate release
Finder’s March Cryptocurrency Predictions Report: ETH forecast to see greater growth than BTC in market cap by December 31
5 March 2018- Price comparison site finder.com has released its monthly Cryptocurrency Predictions Survey, on how the top 12 cryptocurrencies by market cap and two trending coins will perform in 2018.
Out of the 12 coins, the panelists predict that Dogecoin (DOGE) will experience the greatest growth by December 31, 2018 (+2,920 percent). Cardano (ADA) will have the second greatest increase in value by the end of the year (+595 percent), followed by Ripple (XRP) (+541 percent).
However, bitcoin (BTC) is still expected to reign as the highest value per unit, predicted to hit $13,511.11 by April 1, 2018, and reaching $29,533.33 by December 31, 2018.
There was greater optimism among the panelists this month, as all of the coins in the report are expected to rise in value by the end of 2018, based on the average forecasts.
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 percent). This was followed by Bitcoin (BTC) with a 194 percent increase, and Bitcoin Cash (BCH), with an increase of +123 percent.
According to finder’s panelists, the top coins to watch out for this year are Ethereum (ETH) and Stellar Lumens (XLM).
The panel continued with nine fintech leaders, who provided their predictions on how the 12 top cryptocurrencies will perform in 2018. Panelists include:
- 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
- Clayton Daniel: former tax accountant and financial advisor, author of #1 Amazon Bestseller ‘Fund Your Ideal Lifestyle’, and founder of Sprout Superannuation
- Fred Schebesta: Co-founder of global comparison site finder.com, including Crypto Finder. Award-winning entrepreneur, author, mentor, and a global keynote speaker
- Jen Greyson: CEO of Powered by Neureal℠, intellectual property specialist, and named one of the Top 8 Women in Crypto
- Joseph Raczynski: Technologist, futurist, Joetechnologist.com and Reuters, technology consultant and manager specialising in Blockchain technology
- Nick: CEO and Co-founder of cryptocurrency investment management system Coinrypto
- Rytis Bieliauskas: Chief Technology Officer of bitcoin payment software CoinGate, and mentors for Blockchain Centre Vilnius
- Samson Williams: partner of Axes and Eggs, a blockchain and cryptocurrency mining consultancy, and the CSO for Ireland-based fintech firm, SeedUps
- Tim Lea: published author and regular speaker on blockchain, the CEO of REFFIND and the director of Veredictum
The full details of the survey, complete with comments from the panelists, can be found here.
Jon Ostler, CEO (UK) at finder.com said, “While the downturn has continued over the past month for many coins, our panel is positive that it’s coming to an end. All 12 coins listed in this report are expected to increase in value by April 1, 2018, and also rise further by the year’s end. While coins like Dogecoin (DOGE), Cardano (ADA) and EOS (EOS) are expected to see greater growth than bitcoin (BTC) this year, BTC is still forecast by our panel to reach the highest value of the 12 coins, at $29,533.33 by December 31. The cryptocurrency market is super volatile and will continue to represent high risk, which is why it’s so important to do your research, get professional advice and compare your options before considering purchasing cryptocurrency.”
Notes to editors:
- *Market cap was calculated by using the number of coins expected to be in circulation by the end of the year and the panellists’ forecasts of each coin’s value by the end of the year
- Jon Ostler, CEO (UK) at finder.com is available for comment, opinion or interview regarding the 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).