Cryptocurrency markets have been full of volatility and uncertainty in recent weeks. With Bitcoin prices dropping sharply over the past week, most other cryptocurrencies followed suit, showing double-digit price losses in a matter of days. Ethereum is down 10.48% in the last seven days, XRP is down 7% and ApeCoin is down 35%. Also, the current fear and greed index is at extreme fear at a low of 18!
However, even with the bleak market conditions, several analysts expect this year to close on a high note for most cryptocurrencies. Let’s look at various Finder price predictions for Bitcoin, Ethereum, XRP and ApeCoin for 2022, 2025 and 2030.
Bitcoin Price Forecast for 2022, 2025, 2030
According to a report by Finder last month, which interviewed 35 fintech experts, including Origin Protocol founder Josh Fraser, CoinJar CEO Asher Tan, and University of Canberra senior professor John Hawkings, the price Bitcoin is set for a new all-time high of $81,680 by the end of 2022.
Furthermore, optimistic forecasts estimate that BTC will be worth over $179K in 2025 and around $420K in 2030. According to the panel above, you are gravely mistaken if you thought BTC would stop at $100 thousand. The cryptocurrency is still in its infancy, and Bitcoin will surpass $100,000 as early as 2025.
According to 50% of the panel of fintech experts, an exciting prediction is that another cryptocurrency will eventually bring down BTC due to its lack of utility.
Not all panelists are so bullish on Bitcoin, with John Hawkings predicting a Bitcoin price of $5,000 by the end of 2025 and $100 by 2030, being overtaken by Ethereum at some point in the next 5-7 years. .
Ethereum price prediction for 2022, 2025, 2030
According to a report released last week by Finder, this time with 36 fintech experts, Ethereum is expected to hit a new all-time high of $6,872 this year, further forecasting a price of $11,000 by 2025 and $23. thousand by 2030. Pretty optimistic forecasts, to say the least.
According to 35% of panelists, the most bullish impact on Ethereum’s price will be its deflationary tokenomics, with some like Joseph Raczynski of Thomson Reuters predicting that ETH’s year-end value will exceed $8K.
“The merger, an upgrade to Ethereum, should happen this summer. This can have an explosive effect on the token. People have been waiting for this for years. It should be much safer, 99% more energy efficient and deflationary. If that’s not the triad of potential, as a leading blockchain, I don’t know what is.”
Another significant upswing for Ethereum’s price, according to 29% of panelists, is Ethereum’s relatively low power consumption, which is the result of Ethereum’s proof-of-work and proof-of-stake consensus mechanism, that works in parallel.
Ethereum will switch to a fully proof-of-stake consensus mechanism with the upcoming merger, reducing its energy consumption by several orders of magnitude.
XRP Price Forecast for 2022, 2025, 2030
In another report released by Finder last week, after surveying 36 fintech experts, the prediction is that XRP could be worth $2.55 by December 2022, assuming Ripple settles or wins its SEC action. Other predictions for 2025 put the price of XRP at $3.61 and $4.98 by 2030.
On whether now is a good time to buy or sell XRP, the forecast was relatively balanced, with 23% saying it is a good idea to buy XRP, 45% saying to hold your current positions and 32% saying to sell.
According to University of Sussex finance professor Carol Alexander, if XRP wins its lawsuit with the SEC, the cryptocurrency’s price could reach $2.50. At the same time, if it loses, the price can drop to $0.50.
If XRP wins its SEC share, it will be the first significant step for Ripple to replace the current SWIFT system, creating a significant rally for the crypto asset.
Not everyone is so bullish on XRP, with Matthew Harry, head of funds at DigitalX Asset Management, claiming that XRP will eventually lose most of its value. According to Harry:
“The XRP token is worth nothing but speculation. The underlying technology is fantastic, but the token itself is currently of no use.”
ApeCoin Price Forecast for 2022, 2025, 2030
Last week, Finder also interviewed 36 fintech experts for its ApeCoin price analysis report. According to Finder, the APE is forecast to end the year at $27 and drop to $25 by 2025. Surprisingly, the price predictions for the APE are not as bullish as for Bitcoin, Ethereum, and XRP.
While some speakers like Dimitrios Salampasis, a professor of FinTech at Swinburne University of Technology, were more bullish on ApeCoin in the short term, predicting a price of $45 by the end of 2022, APE’s long term outlook was not so bullish. com Salampasis predicts a price of $10 for 2030.
Panelists agreed that Yuga Labs, founder of ApeCoin and the NFT Bored Ape Yacht Club collection, is the blue-chip of the NFTs, especially since the purchase of CryptoPunks. The ApeCoin ecosystem has high potential, assuming the team can develop a playable Metaverse where thousands of users can interact with each other.
However, on the downside, according to the report, 75% of panelists believe the APE will become another meme coin, while only 20% think it will have genuine utility. The remainder, 5%, remained uncertain about the long-term outcome of the EPA.
Of course, most price predictions for long term periods of 5 to 10 years are incredibly optimistic. While the current market situation is bleak and prices highly volatile, long-term sentiment remains bullish.
With the long-term trend for the cryptocurrency remaining positive, the best trading strategy one can employ is dollar cost averaging.
Setting aside a certain amount each month to invest in Bitcoin, Ethereum, XRP and any other cryptocurrencies in the top 100 is the easiest and least stressful way to take advantage of market volatility while lowering the overall cost base for the your investment.
Disclosure: This is not trading or investment advice. Always do your research before purchasing any cryptocurrency.
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