Crypto Price Prediction

After reaching a valuation of $3 trillion at the top of the 2021 bull run, are the cryptocurrency markets going to rise even more? Is it still a good time to invest? In this guide we'll review crypto price predictions for the top coins. Having a plan in 2022 and beyond is essential before deciding to invest.
Cryptocurrency price prediction
Cryptocurrency price prediction

Crypto price total marketcap

Total crypto market capitalization heading into 2022, via Tradingview

Bitcoins and other cryptocurrencies are on a bull run. In late 2021, the largest cryptocurrency Bitcoin hit a new all-time high of $69,000 (over £50,000). It has since corrected in price as have many altcoins, but most investors consider crypto to still be in a bull market.

The rise in the total crypto marketcap can most certainly be attributed to positive news and institutional adoption, which has sent Bitcoin up by several hundred percent over the last year, and along with it Ethereum (ETH), Ripple (XRP), Cardano (ADA), and Litecoin (LTC) have also seen large price increases in the previous 12 months.

The crypto marketcap briefly hit $3 trillion, and is currently consolidating over $2 trillion, surpassing the value of many of the world’s most valuable firms. In this guide we’ll review some popular crypto price predictions and analyse how high cryptocurrencies could continue to go in future years.

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Cryptocurrency – Are we going to reach $9 trillion?

Before proceeding ahead, it’s important to know that the total cryptocurrency market cap first approached $1 trillion in the 2017 bull run, meeting resistance there and going into a multi-year correction and bear market.

It approached that psychological resistance again in late 2020, finally breaking it and flipping it to support in 2021.

The total crypto market cap is currently over $2 trillion – meaning the total value of all coins, including Bitcoin, Ethereum and all altcoins.

Crypto price prediction

Crypto market cap from Coinmarketcap

Interestingly, billionaire investors the Winklevoss twins made a famous crypto price prediction in 2020 in a CNBC interview – they noted that the market cap of Gold is $9 trillion, and commented ‘Our thesis is that Bitcoin is Gold 2.0, and will disrupt it as a store of value. If it does that, it has to have a market cap of over $9 trillion.’

If they prove to be correct that would mean the total market cap of crypto could one day increase 4-5x from where it currently is.

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Crypto Market Prediction for Major Cryptocurrencies

Ahead, we’ll do a detailed price prediction for crypto currencies that are known by everyone. We’ll also see how they may fair in the future.

Bitcoin price prediction 2021-30

Year Mid-Year Year-End Tod/End,%
2021 $35,056 $79,610 +39%
2022 $107,096 $117,620 +105%
2023 $144,085 $170,020 +196%
2024 $195,523 $220,662 +284%
2025 $245,486 $259,626 +352%
2026 $261,813 $283,234 +393%
2027 $298,579 $284,150 +395%
2028 $254,004 $269,244 +369%
2029 $284,389 $243,100 +323%
2030 $255,255 $218,573 +280%

 

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In the mid 2021, the price of Bitcoin was $29,048.39. Bitcoin is currently trading at $57,458.85, a 98 percent increase from the beginning of the year. One Bitcoin price prediction at the end of 2021 is $79,610, representing a year-over-year increase of +174 percent. The increase from today through the end of the year is +39 percent. The price of Bitcoin will rise to $107,096 in the first half of 2022, then rise another $10,524 in the second half to complete the year at $117,620, a gain of 105 percent over the current price.

Whenever we think about Crypto, Bitcoin is the first that comes in our mind, so there’s no denying that it would keep on rising as per the crypto market prediction.

Bitcoin’s price would rise from $117,620 to $284,150 in 2027, a 142 percent gain over the next five years. Bitcoin will begin 2023 at $117,620, rise to $144,085 in the first six months, and end the year at $170,020. That’s an increase of 196% from today’s price.

Bitcoin’s price would drop by -11 percent from $284,150 to $252,817 over this time till 2030. It will start from the year 2028 at $284,150, drop to $254,004 in the first half of the year, and conclude at $269,244 at the end of the year. It is around +369 percent higher than it is right now.

Cardano (ADA) price prediction

Year Mid-Year Year-End Tod/End,%
2021 $1.38 $3.60 +66%
2022 $5.22 $5.34 +146%
2023 $5.67 $6.69 +208%
2024 $7.69 $8.17 +276%
2025 $9.09 $10.00 +361%
2026 $10.04 $10.86 +400%
2027 $11.43 $10.53 +385%
2028 $11.21 $11.88 +447%
2029 $12.55 $12.36 +469%
2030 $12.98 $13.59 +526%

 

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Cardano’s current price is $2.21, and it is now rated #4 in the entire crypto ecosystem, according to the most recent data gathered. Cardano has a market cap of $72,591,215,783 and a circulation supply of 32,904,527,669 coins.

Cardano is having trouble gaining traction with other crypto coins. In the last seven days, the ADA has dropped to about -4.12%. The currency has been showing risky framing segments for the previous few days; while the coin has excellent fundamentals, we do not believe it will be a successful asset in the immediate run.

Cardano’s price is expected to reach $3 by the end of 2021 and $5 by the middle of 2022, according to the most recent long-term estimate. Within the year 2030, Cardano will reach a value of $12. 

It is one of the cryptos with solid foundation and right valuation. The price of Cardano would climb by 97 percent during the next five years that is from 2022 to 2027, from $5.40 to $10.65. Cardano will begin 2023 at $5.40, rise to $5.73 in the first half of the year, and end the year at $6.76. That’s a +209 percent increase from today’s price.

Ethereum price prediction

Year Mid-Year Year-End Tod/End,%
2021 $2,276 $5,324 +43%
2022 $7,720 $8,067 +116%
2023 $9,882 $11,661 +212%
2024 $13,410 $11,861 +218%
2025 $13,195 $14,427 +287%
2026 $13,615 $14,729 +295%
2027 $15,818 $16,780 +350%
2028 $17,859 $18,931 +407%
2029 $19,996 $18,844 +405%
2030 $19,786 $20,723 +455%

 

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Ethereum is currently trading at $3,731.72, up 407 percent from the beginning of the year. The expected Ethereum price at the end of 2021 is $5,324 – a +624 percent increase from the previous year. The increase from today through the end of the year is +43 percent. The Ethereum price will rise to $7,720 in the first half of 2022, then add $347 in the second half to finish the year at $8,067, a gain of 116 percent over the current price. 

The Ethereum is having strong fundamentals along with heavy involvement in Blockchain gaming industry, online gambling industry and others. This is why along with the rise of smart contracts; Ethereum’s further rise is undeniable. 

The price of Ethereum would climb by 108 percent over the next five years till 2030 i.e., from $8,067 to $16,780. Ethereum will begin 2023 with $8,067, rise to $9,882 in the first half of the year, and end 2030 at $19,781. That’s a 230 percent increase from today’s price, so yes you may want to consider buying Ethereum.

Ripple (XRP) price prediction

Year Mid-Year Year-End Tod/End,%
2021 $0.71 $1.72 +52%
2022 $2.49 $2.84 +150%
2023 $3.48 $4.11 +262%
2024 $3.81 $3.95 +248%
2025 $4.39 $4.58 +304%
2026 $4.22 $4.57 +303%
2027 $4.91 $5.25 +363%
2028 $5.59 $5.93 +423%
2029 $5.95 $5.08 +348%
2030 $5.33 $5.58 +392%

 

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In the next five years till 2027, the price of Ripple would grow by 85 percent during the next five years, from $2.84 to $5.25. Ripple will begin 2023 at $2.84, rise to $3.48 in the first half of the year, and end the year at $4.11. That’s a 261 percent increase from today’s price.

The heavy involvement of ripple in financial services makes it a strong contender for future bull rise. 

From 2021 to 2030 the Ripple price would increase by 25%, from $5.25 to $6.58. Ripple will begin 2028 at $5.25, climbing to $5.59 in the first half of the year, and end the year at $5.93. It is approximately +421 percent higher than it is now.

Litecoin Price Prediction

Year Mid-Year Year-End Tod/End,%
2021 $144 $223 +23%
2022 $265 $296 +63%
2023 $363 $428 +136%
2024 $492 $448 +147%
2025 $498 $442 +144%
2026 $465 $503 +177%
2027 $540 $490 +170%
2028 $522 $553 +205%
2029 $584 $581 +220%
2030 $610 $639 +252%

 

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In the next five years, the price of Litecoin will rise from $296 to $490, a 66 percent increase. According to the predictions for Litecoin for the year 2028-2032, the price of Litecoin would increase by 50% throughout this time, from $490 to $736.  

Litecoin is currently trading for $180.56, a 46 percent increase from the beginning of the year. The estimated Litecoin price at the end of 2021 is $185, with a year-over-year change of +49%. The increase from today through the end of the year is 2%. 

This crypto has been in the market since a long time where it has established itself as a favourite of merchant establishments as a payment mode. This factor would pose huge benefits in the long run as it gains trust of users. 

The price of Litecoin would climb by 181 percent over the next five years, from $187 to $525. Litecoin will begin 2023 at $187, rise to $229 in the first six months of the year, and finish at $270 in 2023. Litecoin’s price would rise from $525 to $752 during this time, a 43 percent increase. Litecoin will begin 2028 at $525, climb to $559 in the first half of the year, and end the year at $593. It is approximately +228 percent higher than it is now.

Dogecoin price prediction

Year Mid-Year Year-End Tod/End,%
2021 $0.25 $0.26 +10%
2022 $0.28 $0.30 +27%
2023 $0.37 $0.44 +86%
2024 $0.51 $0.49 +108%
2025 $0.55 $0.61 +158%
2026 $0.66 $0.71 +201%
2027 $0.64 $0.67 +184%
2028 $0.71 $0.75 +218%
2029 $0.79 $0.83 +252%
2030 $0.87 $0.74 +213%

 

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Dogecoin is currently trading for $0.2361, a growth of 918 percent from the beginning of the year. The Dogecoin price projection for the end of 2021 is $0.26, with a year-over-year change of +1021 percent. The increase from today through the end of the year is 10%. The Dogecoin price will rise to $0.28 in the first half of 2022, then add $0.02 in the second half to finish the year at $0.30, a gain of 27% over the present price.

For the 2023-2027 crypto market prediction mentioned that there will be a major increase: The price of Dogecoin would rise from $0.30 to $0.67, a 123 percent increase. Dogecoin will begin 2023 at $0.30, rise to $0.37 in the first half of the year, and end the year at $0.44. That’s an increase of 86% from today.

During the year 2028-2030, the Dogecoin price may increase by 27%, from $0.67 to $0.85. Dogecoin will begin 2028 at $0.67, climbing to $0.71 in the first half of the year, and end the year at $0.75. It is approximately +218 percent higher than it is now.

In comparison to other cryptos, our expectations in its rise in not that high owing to recent pump and dump. It has eroded trust of many traders and investors. 

Which Cryptos Gained the Most Ground 

From Bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, this year brought some cryptocurrencies to limelight. 

We have also created a list of top cryptocurrencies based on their market capitalization and cryptocurrency price predictions. But for now, let’s talk about 2 cryptos that gained the most ground!

Bitcoin 

The first cryptocurrency is Bitcoin.  Five years ago, a Bitcoin could be purchased for around $500. The price of a single Bitcoin was above $43,000 on September 30, 2021. That’s an increase of around 8,600%.

Dogecoin (DOGE)

Dogecoin (DOGE) has a market capitalization of about 26 billion dollars. In 2017, the price of Dogecoin was $0.0002. Its price had risen to $0.20 by September 30, 2021, a 101,800 percent increase.

Which Crypto Will Rise the Most?

Cryptocurrency future price

Cryptocurrency comparison – ranked on Coinmarketcap.com

Ethereum 

The biggest contender to Bitcoin could be Ethereum. Even though Bitcoin has been the leading crypto, Ethereum emerged as the only other token having any business being considered blue-chip crypto. Ethereum’s market share in the embryonic and rapidly growing field of decentralized finance, or DeFi, is steadily eroding Bitcoin’s market share in the entire crypto market. Bitcoin accounted for 70.7 percent of the market at the start of 2021, while Ethereum only accounted for 10.8 percent. Yet as per experts, it is set to rise. 

Litecoin

Litecoin, which was launched in the year 2011, was one of the first cryptocurrencies to follow in Bitcoin’s footsteps. Litecoin has a market capitalization of $4 billion and a per token value of roughly $190 as of September 2021, making it the world’s sixteenth-largest cryptocurrency and having good future potentials. 

Cardano

Cardano is a cryptocurrency developed by engineers, mathematicians, and cryptography professionals using a research-based approach. Cardano has the third-largest market value of $71 billion as of September 2021, and one ADA is worth roughly $2.50. This is an increase of over 10,500%.

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How to invest in Cryptocurrencies in November 2024?

Many people are looking forward to investing oreToro trading in cryptocurrencies. While this enthusiasm is understandable, it is important that you do your proper research and go with only a reputable brokerage that take a reasonable commission and maintains trust.

Our recommended online brokers are undoubtedly eToro, Coinbase and Binance.

You can buy all of the cryptocurrencies mentioned on this guide from eToro. It is the only cryptocurrency broker regulated by several authorities such as FCA UK, CySEC & ASIC.

Here are the detailed steps to follow for investing in cryptocurrencies –

Step 1: Create your account with eToro by clicking here.

Step 2: Uploading your ID: You’ll be required to upload a copy of your passport or driver’s license and proof of address.

Step 3: Next step is to deposit currency into your account which can be done using a debit card/credit card, e-wallet or bank transfer.

Step 4: You’ll be able to buy crypto once you’ve validated your account and deposited funds into it. For example, in the search box, type ‘Bitcoin,’ then click ‘Trade,’ and enter the amount you want to invest (in USD).

Read more about buying Bitcoin here.

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Will Ethereum overtake Bitcoin?

Referred to as the flippening, this type of crypto price prediction has been made by some of the best crypto traders to follow.

Since July, Ethereum (ETH-USD) has surpassed Bitcoin (BTC-USD) as the largest network for trustless money settlements, indicating that the world’s most powerful cryptocurrency is giving way to its younger rival, especially after the introduction of Ethereum 2.0. The Ethereum Network has been upgraded to Ethereum 2.0, which increases the network’s speed, efficiency, and scalability.

Ethereum will achieve its objectives of being a transparent and open network for decentralized apps and financial transactions (DeFi). There will be significant economic changes as well; Ethereum will switch to staking, a considerably more energy-efficient way of network maintenance. The existing economics will be dramatically altered with ETH2.0. The Ethereum update will make the concept of mining obsolete.

Another important thing to note is the Bitcoin halving that happens every 4 years. The number of new Bitcoins issued every 10 minutes fell from 50 in 2012 to 25 in 2013. It fell from 25 to 12.5% in 2016. The reward was reduced from 12.5 to 6.25 BTC per block in the most recent halving on May 11, 2020.

The reward will be reduced from 6.25 BTC for each block to 3.125 BTC after the 2024 halving. By 2140, all 21 million Bitcoins (BTC) will have been mined. However, by 2030, more than 98 percent of the land will have been mined. Because the block reward in Ethereum does not halve as it does in Bitcoin, there is no countdown. 

Taking all these into consideration, there are high chances that Ethereum may overtake Bitcoin due to the strong fundamentals.

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Which important events will influence crypto prices?

The years 2020 and 2021 impacted the pricing of crypto currencies in a huge ways. Seeing this, certain crypto price predictions could be made.

Along with discussing those, we’ll also have a look over the trends that were seen in the year 2021. 

2021

Cryptocurrency Regulation

One of the most significant overhangs in the crypto business is regulation. In already unpredictable markets, regulatory news can have an impact on the price of cryptocurrencies.

This year, many countries such as India have talked about or given signals regarding regulating cryptos. 

Elon Musk Tweet 

This year, the most interesting, yet eye opening moment was when the price of Dogecoin rose as a result of Elon Musk’s tweets.

After exchanging tweets with the cryptocurrency’s founder, Billy Markus, Elon Musk has pushed the price of dogecoin rising once more. The meme-inspired cryptocurrency increased by roughly 10%.

For the future coming years 2022-2025 

While giving the exact prediction about crypto currencies and future events might be difficult. It is certain that cryptos would be successful in becoming mainstream in our world.

From promising unmatched security, to providing freedom from centralized control, and from giving access to uninterrupted transfer of funds to ease of usage, ‘getting used to such use cases’ would surely influence crypto price and make them more predictable and safe in the long run. 

Conclusion

Overall, analysts predict Bitcoin’s price to rise threefold, putting it between $50,000 to $175,000 per Bitcoin, while Ethereum is predicted to climb 10-fold, with a price estimate of $26,000 to $35,000 per ether. Many analysts go on to say that the overall value of Ethereum will eventually surpass that of Bitcoin.

According to Statista, there will be over 6000 crypto currencies in 2021, up from only 66 in 2013. This rapid expansion has created a plethora of investment opportunities for both consumers and professional investors.

With so many coins to select from, determining which ones are the best to invest in can be difficult. Therefore understanding how to make a crypto price prediction would not only help in choosing the best ones but make you financially independent as well.

We hope you found this review of each potential crypto prediction helpful to plan your investment strategy. Bitcoin and all of the major altcoins listed in this guide can be bought and sold on UK regulated crypto exchange eToro.

One of the best features of eToro is its a social trading platform as well, where every user has their own profile and can post crypto price predictions and their thoughts on the market, allowing you to network with other traders.

Certain professional crypto investors can also be copytraded – you can replicate their trading decisions with a portion of your portfolio.

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