Whod be a crypto forecaster?
Back in January, experts had Bitcoin pegged for a value of $43,370 on average by December 31.
At the time, BTC was riding highs of around $18,000. But even in March, when Bitcoin was valued at half that, the panel was confident it could still hold out for $38,000 by the end of 2018.
This month, with Bitcoin still nudging $9,000, the outlook isnt so rosy from the finder.com.au team. Theyre now tipping it can reach $18,883 by December 31 still a hefty increase on todays price, but certainly a lot wobblier outlook than at any other time this year.
The June Cryptocurrency Predictions Report was compiled by finders 10 crypto experts. You can read more about who they are and what coins they hold here. And out of the 13 coins they ran the ruler over this month, none are expected to be worth less by December 31.
Two, however Iota (MIOTA) and Monero (XMR) are tipped to fall 8% and 7% respectively by July 1.
Dogecoin, which in March and April was the panels favourite and listed as having the potential to rise anywhere between 3,000% and 5,000%, isnt even on the list of 13 this month.
Of the winners, the panel has picked out EOS (EOS) as having the best shot at high growth, tipping a possible 206% rise on its price of $16.42 at the end of May.
That would put it at $50.27 by the years end.
EOS is the token offered in an ICO by blockchain company Block-one, which helped it recently complete a staggering $4 billion year-long funding round and lure Commonwealth Banks former chief financial officer, Rob Jesudason, to Hong Kong as its chief operating officer.
Tron (TRX) is expected to have the second-greatest positive price growth by 31 December of 146%, followed by Cardano (ADA) at 145%.
When comparing the forecast market capitalisations for Bitcoin, Bitcoin Cash and Ethereum, Bitcoin is predicted to see the highest growth by the end of the year, at 99%.
This was followed by Ethereum with a 91% increase, and Bitcoin Cash, with an increase of 76%.