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Bitcoin,Monero go up while Ripple fade out

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发布于 2018/08/31 18:15
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In the market of cryptocurrencies, anonymity has always been a basic attribute. However, with the continuous development of blockchain technology, its performance is also high and low. Monero cryptocurrency is definitely the best cryptocurrency for anonymity. Of course, the veteran bitcoin is not far behind. On the other hand, Ripple XRP may be ready for a historic crash.

Bitcoin, Monero currency is infinitely good

Monero is currently the 11th largest cryptocurrency. Not long ago, the company concluded based on a report from the Satis Group (the original coin-supplying consulting and research company) that the currency would be worth $18,000 over the next five years, an increase of 18,200% over the current Ripple value.

The bullish XMR forecast is largely due to the company's expectation that 90% or more of the encrypted analog valuations in the next decade will not be associated with decentralized applications (dApps) or other exciting use cases, but rather Related to the offshore deposit market. As a cryptocurrency, it is not only unreviewed, but it also helps users confuse transaction data, so monero will be one of the biggest winners in a decade.

Unsurprisingly, Bitcoin is also one of Satis's highest-end cipher sets, and the company predicts that "Digital Gold" will eclipse $96,000 in five years. This will make the market value of the flagship cryptocurrency reach more than $1.5 trillion, thus consolidating its market dominance.

From the report:

“Despite the lack of attractiveness during the retail frenzy, we still believe that BTC and its network effects will dominate the end market share of the currency and the entire encryption market, including: 1) increased liquidity and buying channels, and 2) increased brand awareness, 3 ) its position as the default base pair in the encryption market, 4) relative volatility decline, 5) relative lack of attack vectors, 6) reduced network capacity through the maturity of Layer 2 solutions, and 7) higher and higher attacks And overturn the fee."

Other large cryptocurrencies are expected to appreciate against the dollar in the next decade, including Ethereum, Litecoin and dash, although all of these coins will see their market share compared to BTC and XMR.

Ripple market value will fall to $0.01

Even so, Satis believes that their performance will far exceed that of other large peers, except for Bitcoin and Monero, they will completely collapse.

Analysts predict that XRP was once as high as $3.84, currently worth $0.33, and will collapse again 97% in the next five years, eventually falling to penny parity. Cardano will face a similar fate, falling 99% to $0.001 and Stellar will fall 91%. Bitcoin cash and EOS also have bearish forecasts, although their declines are not as severe, but at these valuations they are unlikely to be used for anything other than day trading and speculation.

In commenting on this controversial outlook, the report concludes that:

"In the network of cryptocurrencies, we will see... the meaning that the network brings us. These networks inherit brand recognition and will be adopted during the short breaks of their predecessors, but this does not What to change. There is little value in misleading sales networks. Even without using them in their own networks (such as XRP), Ripple price history has been brilliant, but it is worthless soon."

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