These Powerful Cryptocurrencies Have Crazy Predictions

Last Updated October 27th 2021

5 Min Read

If you read through this article to the end, you will get a good picture of the top cryptocurrencies to keep an eye on going into the future.

Cryptocurrency as an asset class has made those who got in early insanely wealthy.

Unfortunately, when you look at crypto prices over the last decade, it is easy to feel like you are already too late for the party.

It’s not all doom and gloom for those who missed out, though. Most analysts agree that it is still early days for anyone who wants to get involved in the crypto market.

Today, you will learn why cryptocurrencies are such a powerful asset class and why their prices will keep going up.

Ready?

If you have even a little interest in cryptocurrencies, you have definitely heard of Bitcoin, Ethereum, and Dogecoin. They are cryptocurrencies that everyone is talking about in crypto circles today.

Shiba Inu has joined them as well and has been giving investors some very enticing ROI.

While these top cryptos are highly speculative, they have managed to outperform stocks, real estate, and other traditional investments by a huge margin.

The best part is that these cryptocurrencies still have a lot of room for growth.

These Powerful Cryptocurrencies Have Crazy Predictions:

Ethereum (ETH)
Bitcoin (BTC)
Cardano (ADA)
Dogecoin (DOGE)

Ethereum (ETH)

Ethereum has so much potential that even top celebrity investors are talking about it. Recently, Mark Cuban, the billionaire who features in Shark Tank T.V show said that he expects Ethereum to give the highest ROI. Interestingly, he is not the only one that believes Ethereum is just getting started.

So, based on analyst predictions, how high can Ethereum really go?

In a recent interview, several cryptocurrency experts predicted that Ethereum could trade at $19,842 in 2025.

The experts also believe that Ethereum will be the most used cryptocurrency in transaction volumes by next year.

At the time of writing this article, Ethereum was trading at $4219.18.

Besides the above predictions, some top investors have even crazier price predictions for Ethereum. For instance, John McCann is optimistic that Ethereum has the potential to trade at $50k.

Another crazy prediction is by Anthony Sassano, an Ethereum Developer and investor. Sassano believes that Ethereum could easily hit $150k by the end of 2023.

While such valuations may seem insane, it is essential to remember that anything is possible in crypto and the financial markets in general.

It all boils down to market sentiment. As long as the sentiment is positive, there is pretty much no upper limit. Earlier this year, no one would have predicted that GameStop and AMC would have rallied the way they did. Crypto is no different.

Considering that crypto investors are amongst the most passionate in the financial world, it is not hard to see this happening.

Check Out: Will Ethereum Reach A Trillion-Dollar Market Cap By 2023?

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Bitcoin (BTC)

Bitcoin is the most popular cryptocurrency in the market today. Anyone with the remotest interest in cryptocurrency knows about Bitcoin. Since it launched, it has broken records and changed people’s perceptions of asset pricing and how high asset prices can really go.

In just 10-years, Bitcoin went from trading in cents to hit a high of $60k. That was pretty much unimaginable in 2010.

Despite its massive price rise, a lot of analysts are mega-bullish on Bitcoin. Some expect it to hit $100k per coin.

Based on a Forbes crypto experts survey, most experts believe that Bitcoin could trade at anywhere between $107,000 and $120k in 2022.

Other analysts have even more ambitious projections for Bitcoin. According to Mikhail Karkhalev of Capital.com, Bitcoin could trade at $170k at any point between 2022 and 2023.

Another such projection is by Chamath Palihapitiya, a popular face in the media and an early Bitcoin investor.

Palihapitiya believes that Bitcoin will soon test $100k, 150k, and then $200k per coin. He believes that, while many people missed BTC in its early days, the opportunity is still there.

The only thing that might be different with Bitcoin now is that one needs to invest more to make any tangible returns. Unlike in the past when $100 would have got one a sizable portion of BTC, you need to invest top dollar for the big returns.

Don't Miss: What Will Bitcoin (BTC) Be Worth in 2030?

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Cardano (ADA)

Cardano is the brainchild of one of the Ethereum founders, Charles Hoskinson. He started it in 2015, and by virtue of its founder being associated with Ethereum, the project gained traction pretty fast.

While it entered the market at just $0.02, it recently peaked at $3. Today it is trading at $2.17.

There is also a lot of positive sentiment around this crypto, and more than 99% of those buying ADA are bullish on it. A lot of analysts believe that Cardano can hit $4.

However, ADA price predictions are quite divergent. According to WalletInvestor, Cardano is likely to trade at $14 by 2026. Others believe Cardano is likely to hit $4.50 in the next year or so.

Whichever prediction you choose to go with, one thing is clear. If you buy Cardano today, you have a pretty good chance of doubling your money by 2022 and possibly growing it 7X in the next 5-years.

This makes ADA a fantastic long-term investment.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Dogecoin (DOGE)

Dogecoin is the king of meme coins. However, its risks are also higher than, say, Bitcoin or Ethereum.

That’s because while the other top cryptos are trying to solve problems, Dogecoin’s primary value driver is community hype.

However, that has not affected its profitability. In the last year, it is up by over 9000%. This significantly dwarfs the likes of Bitcoin and Ethereum.

Given how important communities have become to asset valuations as was witnessed with GameStop and AMC, then Dogecoin has a good future.

That’s because it has one of the most vibrant communities in crypto.

Today, Dogecoin is trading at $0.27 and is yet to retest May highs of $0.74.

The best part about Dogecoin is that it has the backing of vocal multi-billionaire Elon Musk.

Analysts have some crazy predictions for Dogecoin too. According to CryptoNewz, Dogecoin could trade at $1.07 by 2022.

This simply means anyone who buys now could easily make four times their money if they hold until 2022.

Check Out: Where Will Dogecoin Be In 5 Years?

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Thoughts?

Which cryptocurrencies do you think are worth being here but have been overlooked? What’s your top crypto investment, and what are your projections for it?