The future of the crypto-market seems rather impressive. Monero could be the best crypt right now, and Bitcoin is far behind. The price of Ripple's XRP, on the other hand, could be directed towards a massive fall. Here are all the details revealed by the latest research.
Monero has a bright future ahead
According to a new report from the consulting and research firm Ico Satis Group, Monero will have a great future. The company tries to predict what the shape of the cryptographic market will look like in the next ten years.
According to their analysis, the winner is definitely Mononio, which according to Satis could be worth $ 18,000 within the next five years.
This means more than 18,200% Increase from its current value, which is around $ 98.
This bullish forecast for XMR comes primarily from the expectation of the company that 90% or more of the cryptocurrency assessments over the next decade will be linked to decentralized applications (DApp) or other very exciting use cases.
Monero is a cryptography that is not only non-censurable, but also helps users to confuse transaction data. It is certainly one of the best gainers of the decade.
Ripple's XRP price could collapse to $ 0.01
Satis believes that XRP, once trading at $ 3.84 and now being valued at only $ 0.33, will make collapse another 97% in the next five years, ultimately, is reduced to penny parity.
Commenting on this controversial outlook, the report concludes:
"Within the currency networks, we continue to see … significant disadvantage from networks that have inherited brand recognition and potentially short-term adoption. of duration during the hiccup from their fork-parent (as BCH), and a very small value in networks that are marketed misleadingly and not even required for use within their own network (such as XRP). "
You can read the full report from here to see all the predictions the company is making in relation to the future of the cryptographic market.