Earlier this year, research firm Satis Group indicated that up to 81 percent of all ICO can be fraudulent, and now the company has released a forecast on how they see the future of cryptocurrencies, including bitcoin.
As reported in a new research report, the Group predicts that bitcoin and Monero will have the most robust growth rates over the next five years. Experts predict that eventually the rate of BTC will reach 96 to 378 USD and Monero will grow to 18 498 dollars for the same period of time. Thus in 10 years, according to the Group, the price of bitcoin will amount to more than 143 000 USD for one BTC.
Interestingly, the firm predicts XRP Ripple reduction rate at 97 per cent and further at a cost of only $ 0.01, while Cardano ADA will face similar reduction, which will lead to the rate of 0.001 of a U.S. dollar.