Earlier this year, Initial Coin Offering (ICO) advisory service...

Earlier this year, Initial Coin Offering (ICO) advisory service and research firm Satis Group outlined that up to 81% of all ICOs might be little more than scams – and now the company has issued its own forecast as to where the future of various cryptocurrencies might lie.

Outlined in a new research report, Satis Group predicts that Bitcoin and Monero will be the biggest winners five years from now; outlining that while Bitcoin will retain its dominance as the pre-eminent cryptocurrency and will eventually climb to $96,378 USD, Monero will score first place with a climb to $18,498 USD in the same time period.

Interestingly, the firm predicts that Ripple’s XRP is expected to face a -97% decline to just $0.01 USD, while Cardano‘s ADA would face a similar dropoff to touch vales as low as $0.001 USD.

Fast forwarding to a ten-year evaluation, the firm predicts that Bitcoin will eventually reach values of $143,900 USD, while Monero would grow to reach $39,584 USD. Ripple would supposedly fall further to just $0.004 USD, while Cardano’s value would remain constant.

Other favourites, such as Litecoin, are projected to reach $134 USD in five years, and later $225 USD in ten years.
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