The world of cryptocurrencies is moving rapidly. Over the past 5 years Bitcoin outperformed all other investments, including gold, the stock market and even real estate.
During this time, thousands of new cryptocurrencies have been released into the market. Most of them are just copycat coins, or don’t have any incredible features that make them worth a mention.
But a handful of these cryptocurrencies are truly exceptional. They will disrupt their industry just like bitcoin did with the financial sector.
The following 5 cryptocurrencies are the ones most analysts believe will increase in value by 10x-100x over the next 2 years.
So if you’ve opted out of the recent crypto craze, perhaps it’s time to reconsider. You won’t want to miss out on the cryptocoins in this list.
1. Bitcoin (BTC)
Former Fortress hedge fund manager Michael Novogratz said Monday that Bitcoin can multiply more than four times in roughly the next 13 months.
“Bitcoin could be at $40,000 at the end of 2018. It easily could,” Michael Novogratz said Monday on CNBC’s ‘Fast Money’. “Ethereum, which I think just touched $1000 or is getting close, could be triple where it is as well.”
Bitcoin was trading near $12,000, after hitting a record high above $20,000, according to CoinDesk.
The total market capitalization of all digital coins on CoinMarketCap hit $704 billion. Novogratz said he expects that could increase by about six times to $2 trillion at the end of next year.
You can invest in bitcoin using one of many reputable investment brokers.