Crypto Price Predictions

Leon Waters | Verified by Medb Kiely-Cuddy

Last updated: December 13, 2024, 04:07 EST | 20 min read

A cryptocurrency price prediction is a forecast for the future price of a cryptocurrency. Experts can make cryptocurrency price forecasts for timeframes of years, months, days, or even hours by considering an array of factors that could affect the price.

On this page, we’ll take a closer at the cryptocurrencies that we’ve identified as having the greatest future potential, provide a short (2024) and long-term (2025–2035) forecast for the wider crypto market, and finish by detailing how you can create your own price predictions and the tools you can use to do so.

Crypto Price Predictions

Factors to consider include the current and expected future state of the crypto market, the utility of the token, its potential for price appreciation, and prevailing trends in the crypto and traditional finance worlds.

Major Crypto Coins Forecasts

Bitcoin – World’s Number 1 Cryptocurrency

As the world’s first and most well-known cryptocurrency, Bitcoin needs no introduction. It is typically the first purchase made by most cryptocurrency investors and has been the subject of an unfathomable number of crypto price predictions.

While the Bitcoin whitepaper initially described it as a “Peer-to-Peer Electronic Cash System,” Bitcoin has since been likened to digital gold because it is said to share many of the same properties, mainly that it has a finite supply—”a good store of value” is currently being stress tested.

Bitcoin was created by an individual, or group of people, operating under the pseudonym Satoshi Nakamoto. It was distributed as a reward to those who contributed computer power to securing the network in a consensus mechanism known as proof-of-work.

Bitcoin currently has more than a 50% share of the multi-trillion dollar crypto markets, and the market closely traces its price movements. Along with its status as first mover and as a store of value, Bitcoin is likely to remain on top for the foreseeable future.

Key Takeaways:

• Bitcoin is the original and most decentralized cryptocurrency.
• It has long been likened to “digital gold” and used as a store of value by personal and institutional investors.
• As a household name, it is often the first coin purchased by those who enter the cryptocurrency space.
• It is currently gaining traction with the traditional finance markets after ETF approval in January 2024, and breaking the $100K barrier in December 2024.
• Bitcoin holds an incredible sway over the whole crypto market, with a 50%+ dominance and all other cryptocurrencies tracing its price movements up and down the charts.

Bitcoin Price Prediction

Ethereum – The Most Popular Smart Contracting Platform

Ethereum was launched in 2015 after a young computer programmer, Vitalik Buterin, proposed that the blockchain technology underpinning the Bitcoin protocol could be used to support self-executing contracts, called “smart contracts”. A group now known as the Ethereum cofounders got together to flesh out this idea, and the Ethereum protocol emerged from that.

Initially marketed as a “world computer,” Ethereum has since undergone, among other things, a controversial hard fork and a switch to a more energy-efficient proof-of-stake consensus mechanism. It is now focusing on scaling to onboard millions of users.

As the world’s most popular smart contracting platform, Ethereum is home to thousands of apps, including games, DeFi services, NFT platforms, Layer 2 platforms, liquid staking services, and more. It secures more than 55% of all the value locked in DeFi, totaling over $47 billion on the Ethereum chain alone, and will continue to be a key player as the cryptocurrency market evolves.

Key Takeaways:

• Ethereum was the first global, decentralized platform offering self-executing smart contracts.
• It is the world’s #2 cryptocurrency, and outside of Bitcoin, it is the most recognizable cryptocurrency.
• Ethereum supports over 4,000 dApps and secures a DeFi economy worth over $47 billion.
• The protocol is actively being scaled to onboard millions of users and its continued evolution helps to keep it relevant.

Ethereum Price Prediction

XRP – Cryptocurrency Designed for Remittance, Partnered with Global Banking Giants

XRP is the native currency of the XRP Ledger, a blockchain created by the founders of Ripple Labs. It is focused on improving the speed of international remittance, which can take multiple days, by reducing it to mere seconds.

The XRP Ledger uses XRP as an intermediary currency between the two currencies being exchanged. It is designed to process up to 1,500 transactions per second.

XRP is not minable, and all XRP coins that will ever exist – a maximum supply of 100 billion – were created at Ripple’s inception. The Ripple Foundation, which manages the XRP that has yet to be issued, regularly releases coins into the market, with over 57 billion in circulating supply already.

Ripple has already partnered with dozens of global financial institutions including Western Union, Bank of America Merrill Lynch, HSBC, Banco Santander, and JP Morgan to help facilitate the blockchain’s use as a remittance solution.

Key Takeaways:

• XRP Ledger is a blockchain designed to reduce the time for global remittance from days to seconds.
• It is designed to scale to process 1,500 transactions per second using XRP as the intermediary currency.
• All XRP has been pre-mined. There are 100 billion XRP, of which over 57 billion are already in circulation. The rest is still managed by the Ripple Foundation, which regularly releases XRP into the market.
• Ripple Labs’ goal is to facilitate global remittance on the chain, and it has partnered with dozens of global financial institutions to do so.

XRP Price Prediction

Solana – Hugely Popular Smart Contracting Platform

Solana is a layer 1 blockchain that has been designed to hit the main criteria for mass adoption: fast, inexpensive, and energy efficient. It uses a proof-of-stake consensus model, which a proof-of-history model supplements to help offer sub-second transaction finality to users.

The Solana blockchain theoretically has the ability to scale to over 700,000 transactions per second. However, this low-cost, high-speed model comes at the detriment of decentralization and network stability, as it’s too expensive to run a Solana validator and the network is known for its impromptu shutdowns.

The Solana network offers users all the utility of other blockchains, including smart contract-based dApps, fungible tokens, NFTs, meme coins, staking protocols, and a burgeoning DeFi ecosystem.

After seemingly disappearing after being embroiled in the FTX scandal of late 2022, Solana roared back into life and up the charts in late 2023 to attain a position in the top 10 of all cryptos by market cap.

Key Takeaways:

• Solana offers a high-speed, low-cost blockchain that can, theoretically, scale to hundreds of thousands of transactions per second.
• However, this comes at a loss in the areas of decentralization and protocol stability.
• Solana offers users smart contract-based dApps, NFTs, meme coins, and has a thriving DeFi ecosystem.
• Solana “died” in late 2022 as the FTX scandal took down all who were associated with it.
• Despite this, Solana roared back to life in 2023 and regained a position in the top 10.

Solana Price Prediction

Dogecoin – Number 1 Meme Coin Building a Payment Stack

Launched in 2013, Dogecoin is the original meme coin. Its creators, two IBM software engineers, made the token as a joke in just a few hours to make fun of the wild speculation that was happening in the crypto markets at the time.

Dogecoin existed for seven years until it skyrocketed up the charts during the crypto bull market of 2021, cementing it in meme coin and cryptocurrency lore.

Dogecoin continues to hold the status as the world’s most popular meme coin and its success has spurred a whole ecosystem of meme coins and dog-themed spinoffs. Throughout its lifespan, it has also received attention from some noteworthy proponents, most famously Elon Musk, whose posts about Dogecoin on Twitter (now X) have had considerable influence on its market value.

The development team behind Dogecoin now has a more serious outlook and is developing the tools to make Dogecoin an easily accepted form of payment.

Key Takeaways:

• Dogecoin, initially created in 2013, was the first meme coin and has resulted in a whole ecosystem of spin offs
• Dogecoin shot to fame during the 2021 bull market, and is still the preeminent meme coin
• Elon Musk is a high profile fan of the token and his tweets and actions have previously affected the price
• Dogecoin’s developers are now focused on turning the currency into a form of payment and developing the tools for easy integration by merchants

Dogecoin Price Prediction

Cardano – Top Third-Generation Blockchain, Based on Peer-Reviewed Research

Cardano was launched in 2017, after multiple years of development, and is the brainchild of Ethereum cofounder Charles Hoskinson. Hoskinskon has stated that Cardano’s mission is to “provide economic identity to the billions who lack it by providing decentralized applications to manage identity, value and governance.”

It is built using an extending UTXO model, taking Bitcoin’s model and improving on it to bring users native dApps, NFTs, fungible tokens, on-chain governance, and a DeFi ecosystem.

It is the only top blockchain to offer native liquid staking. Its provably secure proof-of-stake consensus model consists of over 3,000 community-run stake pools securing the network.

Cardano was developed in stages, gaining functionality incrementally. It is one of the only blockchains to be based on peer-reviewed research and is backed by over 200 scientific papers. However, its lack of initial functionality earned it the nickname “ghostchain” from the rest of the blockchain community, a name it has now outgrown.

Key Takeaways:

• Cardano has a philanthropic mission to lift people out of poverty through its decentralized and open-source platform.
• Cardano was developed methodically and is the most popular blockchain backed by peer-reviewed scientific research.
• Cardano is the only top blockchain to offer native, liquid staking.
• Over 3,000 community-run stake pools secure the Cardano blockchain.
• Cardano offers native dApps, NFTs, fungible tokens, on-chain governance, and a DeFi ecosystem to its users.

Cardano Price Prediction

Shiba Inu – Popular Meme Coin With a Growing Ecosystem

Shiba Inu started life as a meme coin and an experiment in decentralized community building. Since then, its decentralized community has grown to boast over 1.4 million token holders. Numerous developments have come to separate it from the world of memes and place it firmly in the world of utility.

The Shiba ecosystem boasts numerous innovations; some live, and others are under development. Some notable elements of the Shiba Inu ecosystem include Shibaswap (a DEX), Shibarium (an Ethereum Layer-2 solution for the Shiba Inu ecosystem), SHIB (a Metaverse world), Shiba Eternity (a play-to-earn game), and NFT collections.

Apart from $SHIBA, the Shiba Inu ecosystem includes three other fungible tokens: $BONE, $LEASH, and $TREAT.

Key Takeaways:

• Shiba Inu started life as a meme coin but has blossomed into a decentralized ecosystem of utility.
• $SHIBA is the main token of this ecosystem, which has three other fungible tokens.
• The Shiba ecosystem contains a DEX, an Ethereum Layer-2 solution, blockchain games, and multiple NFT collections.
• Shiba is the second most popular meme coin behind Dogecoin.

Shiba Inu Price Prediction

Litecoin – Top Crypto for Payments

Litecoin was released in 2011 and is one of the oldest altcoins that remains popular among users. It was designed to supplement Bitcoin and act as a means of instant, low-cost payment between individuals and for purchasing goods.

The creator of Litecoin, a former Google engineer called Charlie Lee (now the Director of the Litecoin Foundation), created Litecoin by forking Bitcoin. While many aspects of the protocol remained the same, he changed some notable elements:

• Increasing the token hard cap to 84 million (4x that of Bitcoin).
• Reducing the block time to 2.5 minutes (1/4 that of Bitcoin).
• Changing the mining algorithm to make it easier to mine from a computer.

The Litecoin network still undergoes a Halving every 4 years, just as Bitcoin does, but it does so around 8 months before Bitcoin.

Litecoin is accepted by hundreds of merchants around the world. On top of being a payment solution, it also offers users optional private transactions, ordinals, a Layer 2 for smart contracts, NFTs, and tokens, and a Lightning Network.

Key Takeaways:

• Litecoin is a fork of Bitcoin designed to offer faster, low-fee transactions and act as a method of payment.
• It was created by Charlie Lee, a former Google engineer who is now the Director of the Litecoin Foundation.
• The Litecoin network has a Halving every four years, just like Bitcoin.
• Litecoin offers users optional transaction privacy and access to the Lightening Network.
• Litecoin also has ordinals and a Layer 2 solution with smart contracts, NFTs, and fungible tokens.

Litecoin Price Prediction

Crypto Market Forecast 2025 – 2035

2025 comes with the potential effects of Bitcoin Halving, which has historically produced new all-time highs 12–18 months after the event itself. If 2024 is not the year when the Fed eases rates, then 2025 is when rates are expected to come down as the global macroeconomic outlook continues to improve.

Looking further out, and compared to the last decade, the adoption of cryptocurrencies is expected to continue, with Statista predicting almost 1 billion users by 2028, and another report expecting the value of the market to grow at a CAGR rate of 30.80% by 2030. This all looks positive, and many expect this growth to continue into 2035 and beyond.

As we look into the next decade, the evolution of crypto regulations in nations around the globe will have a direct impact on the value and evolution of the market. Crypto regulations will be introduced as nations are expected to want to protect their citizens from the “wild west” nature of the crypto world and to capitalize on the economic benefits that the business of cryptocurrencies can bring. A positive development would be regulations that secure the financial side of crypto without stifling innovation.

Finally, the world of blockchains and distributed ledger technology is fast evolving, and in the last few years we’ve seen an energy-based narrative of PoS vs PoW, the emergence of RWA, the growth of blockchain games, and the continued growth of Layer-2 projects and ZK technology. Who knows what innovations the next decade may hold?

Can You Trust Crypto Price Predictions?

X, YouTube, LinkedIn and other social media platforms are full of users making cryptocurrency price predictions. Some price predictions are trustworthy, others are not. Here are three things to consider that will help you determine which category a particular price prediction might fall into:

• Bias: Does the price prediction’s creator, or the platform it is hosted on, have a particular affinity for or against a particular project that would affect the price prediction they provide? Bias can be personal or profit-orientated.
• Level of Knowledge: Does the person or platform providing the price prediction demonstrate a good level of understanding of cryptocurrencies and market fundamentals that show that their prediction is worthy of your trust?
• Evidence: Does the person or platform providing the price prediction back it up with qualitative or quantitative evidence for more fundamental analysis, or provide the charts on which they conducted their analysis for technical analysis?

In any case, remember that what is being provided is ultimately a prediction and not necessarily something that will always be correct. The reader should be judicious as to how much trust to place in that specific prediction and never invest more than they can be comfortable losing.

How to Predict Crypto Prices

The crypto market has proven to be hugely profitable for many people but many people have also lost a lot of money due to its extremely high volatility.

In order to make a profitable investment, cryptocurrency investors have to attempt to predict the direction of a crypto asset’s movement.

Crypto price predictions can be split into two elements: technical analysis and fundamental analysis. Both of these elements impacts the direction that crypto will take. You can use technical analysis and fundamental analysis to create your own informed coin price prediction.

Technical Analysis and Crypto Price Predictions

Conducting technical analysis of a cryptocurrency involves analyzing charts that display the historic price and price activity of a token to try to make an informed prediction of that token’s future price and price activity. These charts will look familiar to anyone who has researched crypto predictions before.

There are several indicators and techniques that can be used to find trends and predict the future price of an asset. Over time, each analyst will develop a set of indicators that they trust to give them the highest chance of correctly predicting an asset’s future price.

Since the crypto market is highly volatile and speculative, and tokens often lack the requirements for a more formal fundamental analysis, technical analysis is extremely popular. It’s the best way to predict short-term price moves, and technical analysis is the most popular tool for making price predictions.

Fundamental Analysis and Crypto Price Predictions

Fundamental analysis is a technique used by stock and securities analysts that involves using economic and financial factors to provide a valuation for an asset. This valuation is then called its fair market value and is compared to its actual market value to see if the asset is under or over-priced.

The traditional model of fundamental analysis is difficult to apply to cryptocurrencies for several reasons. Crypto is highly speculative, the crypto company model deviates from the traditional one, and many crypto businesses are still young and untested.

Since the market is not mature and relies heavily on price speculation, the fundamental analysis of cryptocurrencies tends to focus on a token’s potential price over a much longer time frame, typically years.

It looks at factors that affect both the token itself and the wider market, including on-chain data, tokenomics, token and protocol utility, the macroeconomic environment, ongoing development activity, the token’s level of adoption and, probably most importantly, its potential for future adoption in a mature market.

What Affects Crypto Prices?

Market Sentiment

The overall market sentiment toward cryptocurrencies will drive buy-and-sell pressure, which will cause tokens to trend in a particular direction, up, down, or sideways. Market sentiment can be applied to the whole market, specific areas of the market like meme coins or AI tokens, or a specific coin itself.

Adoption

An increase in the adoption of a particular cryptocurrency will increase demand. Adoption can be driven by market sentiment or by a need and desire for the utility of that token, e.g., a game token used to purchase in-game items.

Roadmap Items

The accomplishment of roadmap items are almost always good news for a cryptocurrency’s price. They typically mean progress and the release of new utility, or a step toward it. This can spur demand in the form of real need for the token or speculation by market participants.

Token Halving

Halving cuts token emissions by half for some of the biggest proof-of-work coins. By significantly reducing the number of tokens entering the market, supply decreases while demand remains steady.

Token Burns

Many projects, most commonly meme coins, will burn tokens. Large burns can reduce the token supply, affecting supply and demand. However, it is worth noting that many of these burning events use tokens that are not live on the market, so it is often speculation that drives the price, not the burning of tokens itself.

Token Vesting

Many projects allocate a percentage of the token supply to team members and early-round funders. These are often put on a vesting schedule, where they are unlocked after a period of time, typically 1–3 years. When these unlock, it can mean the unlocking of 10%+ of the token supply at one time. This can negatively affect the price if the recipients decide to start selling off their tokens.

Governance Votes

Some tokens allow users to vote on protocol parameters, next development steps, and other protocol elements. Governance actions can affect token prices since some of these can be divisive and others can be positive.

Event Speculation

Major events that can have either one of two outcomes, like the launch of ETFs or the outcome of a trial between the SEC and a crypto entity, can also affect crypto prices.

Many investors will try to get ahead of the game in anticipation of these events which lead to a lot of “buy the rumor, sell the news” style events. Bitcoin’s ETF approval is a perfect example of this. The price of Bitcoin rose over 70% in the months leading up to the expected announcement but lost 14% in the two weeks after it.

Best Resources for Crypto Price Prediction

In the list below, we’ve outlined the best places to find crypto price predictions. We’ve also included some of the tools you can use to corroborate the price predictions you’ve found or to make your own.

• Cryptonews: Our experts keenly watch the crypto markets and news to provide the best up-to-date price forecasts for cryptocurrencies.
• X (Twitter): This is where most of the crypto community lives, and is awash with users posting their crypto price predictions.
• Telegram: This messaging app is where many of the best crypto signals groups are located. Free and paid ones are both available.
• YouTube: Here, you can find videos of people, professionals and amateurs, posting videos of their technical analysis of tokens.
• Trading Platforms: Some trading platforms have adopted social trading aspects that allow traders to converse about tokens and their expectations.
• CoinMarketCap: A growing community section on this price-tracking website allows users to interact and share predictions. Also good for token data.
• TradingView: This platform gives you access to the charts and charting tools necessary to perform technical analysis. Also features a social element where users can share their charts.
• On-Chain Explorers: These allow you to gather and view data about a token right from the source. Popular ones include Dune, Glassnode, and IntoTheBlock.
• dApp Trackers: These tell you, among other statistics, how popular a particular dApp is. The most popular one is DappRadar.

About the Author

Leon Waters

Content Editor

Leon is an editor, writer, content manager and marketer with 15 years of experience (including 7 years working on Web3, metaverse, NFT, crypto, blockchain, and gaming projects).

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