Satis Group company, providing consulting services in the ICO sphere, predicts the growth rate of Bitcoin to 96 thousand dollars over the next five years.
The Satis Group's previous report consisted of five parts and was dedicated to the analysis of the cryptocurrency ecosystem. In the new document the company has evaluated the cryptocurrency market and its correspondence to the real value of assets. The report, prepared by Michael Hodapp and Sherwin Dowlat, also gives a forecast of the cryptocurrency market's state in the coming years.
Basing on the quality characteristics of digital assets, the document's authors tried to figure out, what will be the rates of different cryptocurrencies in five years. Thus, analysts have concluded, that the cost of Bitcoin, Monero and Decred will increase significantly, since they are "crypto assets with exclusive value offers, located deep inside the markets."
On the other hand, researchers argue, that cryptocurrencies like Bitcoin Cash and other "crypto assets, following after a popular brand, and with minimal technological superiority to their creators", will disappear from the market. For example, according to analysts, the course of XRP cryptocurrency is going to fall to $0.01in five years.
The report says:
"We are seeing the rise of the currency networks, that prefer to grow and expand its community organically (like LTC). Networks like the BCH, on the contrary, show a significant decline, because they follow a popular brand and enjoy a short-term demand on the background of the "pioneer's"problems. The smallest value is attributed to the networks, which marketing is misleading, and the tokens are useless even in its own networks (XRP)".
The document also mentions Ethereum as an example of a "network platform". Analysts believe, that in the coming ten years Ethereum will become the basis for a small number of token project, having left behind other similar networks. However, the Satis Group's previous report noted, that today's Ethereum accounted for about 86% of the projects, built on outside platforms.
However, researchers state, that currently Ethereum is undervalued, concerning its share in the total market and taking into account a liquidity and reputation of this cryptocurrency.