Crypto Price Predictions

The team at Techopedia continually monitors the market for top-performing cryptocurrencies and makes price predictions about where those coins could go in the future.

In our crypto price prediction guide, we’ll highlight 16 promising tokens and issue our price forecasts for 2024 and beyond.

Cryptocurrency Forecasts at a Glance

Let’s dive straight into our crypto price predictions for 2024-2030 for 16 of the most promising tokens on the market today.

Cryptocurrency 2024 Forecast 2025 Forecast 2030 Forecast
Dogecoin20 +2,000% +2,800% +4,200%
Slothana +1,500% +2,400% +3,600%
5thScape +1,300% +2,100% +4,100%
Sponge V2 +1,400% +2,250% +3,400%
Smog +1,100% +1,900% +2,900%
eTukTuk +800% +1,500% +5,200%
Bitcoin Minetrix +750% +1,700% +3,100%
Hypeloot +600% +1,400% +2,600%
Bitcoin +175% +300% +1,200%
Ethereum +150% +400% +1,100%
Ripple +120% +300% +850%
Solana +600% +1,150% +1,750%
Dogecoin +350% +575% +950%
Shiba Inu +200% +450% +750%
Cardano +150% +325% +650%
BNB +475% +675% +1,350%

New Cryptocurrencies With The Most Optimistic Price Predictions

We identified 8 new cryptocurrencies that have the potential to explode in 2024, 2025, and beyond. We’ll take a closer look at each of these tokens and explain the reasoning behind our optimistic price forecasts.

1. Dogecoin20 – Alternative to World’s Biggest Meme Coin with Staking Rewards

Dogecoin20 is a new PoS meme cryptocurrency using Ethereum’s ERC-20 blockchain. The new coin will use a fraction of the energy of original Dogecoin and offer staking rewards, which aren’t currently available with $DOGE.

In addition, Dogecoin20 makes an important change to Dogecoin’s tokenomics: it puts a cap of 140 billion tokens on the supply. That means that as demand for Dogecoin20 increases, so should the price.

Dogecoin20 Presale

$DOGE20 has proven incredibly popular among meme coin investors in the first weeks of its presale, raising more than $2.5 million. For a limited time, presale investors can earn 330% APY when they stake their tokens. That’s a huge incentive to join the project, which we think will help its presale sell out and cause its price to soar upon launch.

Dogecoin20 plans to launch on Uniswap, putting the token in front of an enormous audience of potential investors. We think it could skyrocket 20x or more in 2024, with more gains in 2025 as staking rewards encourage investors to keep holding.

Key Takeaways:

  • Raised $2.5 million in ongoing presale
  • Presale investors can earn 330% APY on staked $DOGE20
  • Puts a cap on the supply of Dogecoin20
  • Far more energy-efficient compared to $DOGE

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+2,000% +2,800% +4,200%

2. Slothana – Solana Meme Coin with Airdrop Presale and Huge Potential

Slothana is a new Solana meme coin with the potential to follow in the footsteps of explosive tokens like $SLERF, $BOME, and $PUMP. Like these recent successful meme coins, $SLOTH doesn’t follow a traditional crypto presale format.

Instead of buying tokens and then waiting to claim them at the end of a presale, $SLOTH is airdropped to buyers immediately after purchase. There’s no hard cap or timer on the presale, so there’s no way to know how much time remains before it launches.

Slothana Crypto Presale Price Prediction

This format generates a ton of excitement and leaves plenty of demand once tokens hit exchanges. $SLERF exploded upwards by more than 6,500% after its DEX launch, and $SLOTH has the potential to be even bigger. The presale has already raised nearly $800,000.

For as long as the presale lasts, investors can buy 10,000 $SLOTH for 1 $SOL. The price of Solana is skyrocketing right now as well, so this is a presale that’s going up in price by the day – and could end at any moment.

Key Takeaways:

  • Solana meme coin with airdrop presale
  • Could follow a similar explosive trajectory to $SLERF
  • Raised nearly $800,000 so far
  • Presale has no hard cap and could end without warning

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+1,500% +2,400% +3,600%

3. 5thScape – VR Token Developing Tech That Could Challenge Oculus and Meta

5thScape is a VR crypto project that’s building games and hardware that we think could come to dominate this nascent industry. 5thScape’s VR headset, once launched, could challenge the Oculus Rift and Meta Quest platforms and claim a massive share of the $7.7 billion VR headset market.

The 5thScape team has already released the titles of its first VR games: Cage Conquest, Thrust Hunter, Immersive Kickoff, and Archery Master. Early investors in the $5SCAPE token will get unlimited lifetime access to these games, providing a lot of incentive for gamers and crypto investors alike to buy into the presale.

5thScape crypto presale

The presale has been very hot so far, raising more than $1.5 million for VR development. We think it’s likely the project will sell out its $5SCAPE supply, leading to a demand crunch when the token hits exchanges.

The launch of Cage Conquest, expected in Q2 2024, should provide another major boost to the value of $5SCAPE. We think this project could see a 1,300% gain by the end of the year.

Key Takeaways:

  • Developing VR games and headset technology
  • First game to be released in Q2 2024
  • Presale has raised more than $1.5 million
  • Presale investors get lifetime access to early 5thScape games

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+1,300% +2,100% +4,100%

4. Sponge V2 – 100x Meme Coin with Massive Community and Upcoming P2E Game

Sponge V2 is a newly released version of the $SPONGE meme coin, which surged nearly 100x after its initial launch. The updated token promises to absorb more damp, and we think it has the potential to blow the original $SPONGE launch out of the water.

$SPONGE V2 is starting out with a community of more than 13,000 token holders, many of whom have been with the project since its inception. On top of that, more than $26 million worth of $SPONGE tokens have been permanently locked and bridged to V2—a testament to just how excited token holders are about the upgrade.

Sponge V2 Presale

Sponge V2 plans to deliver returns for investors through a play-to-earn crypto game that’s set to be released in a few months. The game will incentivize token holders to keep their $SPONGE and stay engaged with the project.

In addition, the team behind Sponge is aiming to list the token on Binance and OKX, two of the world’s largest exchanges. Listings like that could expose $SPONGE to millions of traders around the world and send the price of this meme coin soaring.

Key Takeaways:

  • Original $SPONGE launch exploded nearly 100x
  • Existing community of 13,000 token holders
  • $26 million worth of $SPONGE V1 bridged to V2
  • Aims to list on Binance and OKX

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+1,400% +2,250% +3,400%

5. Smog – Solana Meme Coin with Devoted Community Expanding to Ethereum Blockchain

Smog is one of several new Solana meme coins that exploded in value this winter. What sets it apart from other Solana meme coins, though, is that it’s still building momentum.

Smog is keeping hype around its token going with an upcoming airdrop, which could potentially release up to 35% of the total $SMOG supply. At the current price, that means token holders can look forward to $50 million in $SMOG rewards.

Smog Presale

In addition, Smog is expanding from the Solana blockchain to Ethereum. The jump will enable Smog to reach more people and increase its resilience to disruptions on the Solana blockchain.

For meme coin investors, Smog’s launch on Ethereum is a chance to buy this token at a discount and get in on the airdrop. For a limited time, the project is offering $SMOG at a 10% discount on Ethereum, and token holders can stake their $SMOG to earn 42% APY.

Key Takeaways:

  • Massive $SMOG airdrop coming up
  • Exploded 13,000% since launching on Solana
  • Launching on Ethereum blockchain at 10% discount
  • Engaged community of more than 100,000 token holders

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+1,100% +1,900% +2,900%

6. eTukTuk – Eco-friendly Project Building EV Network for the Enormous Southeast Asia Market

eTukTuk is a green crypto project with an enormous addressable market: all of South and Southeast Asia, and potentially beyond. The EV market in this region is already worth more than $1.5 billion and is growing at a rapid pace.

This project is building a new electric tuk-tuk that could encourage drivers throughout Asia to trade in their gas-guzzling vehicles for EVs. At the same time, eTukTuk is driving the development of a network of electric charging stations to power its EV tuk-tuks.

eTukTuk Presale

Anyone who holds the project’s $TUK token will be able to not only charge from eTukTuk’s network but also stake the token to earn rewards from the charging network. While the network is under development, $TUK holders who stake their coins can earn up to 111% APY.

The eTukTuk presale has raised more than $2.2 million so far and looks set to sell out. We think this could be one of the best high-risk high-reward crypto projects in 2024 because of its long-term potential.

Key Takeaways:

  • Developing EV tuk-tuks for South-East Asia market
  • $TUK token offers staking with rewards from charging network
  • Ongoing presale has raised $2.2 million
  • Early investors can earn 111% APY

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+800% +1,500% +5,200%

7. Bitcoin Minetrix – Stake-to-Mine Crypto Pioneering a New Approach to Bitcoin Mining

Bitcoin Minetrix is a revolutionary crypto project that promises to solve one of the biggest problems in the crypto world. It introduces a new way to mine Bitcoin safely through the cloud without turning over your hard-earned crypto to an anonymous hashpower provider.

With Bitcoin Minetrix, token holders can stake their $BTCMTX and receive mining credits. They can then redeem these mining credits for cloud hashpower and use that hashpower to mine Bitcoin. Bitcoin Minetrix also has its own mining software, making it easier for first-time miners to jump in and start mining BTC effectively.

Bitcoin Minetrix Presale

The demand for Bitcoin Minetrix’s elegant solution has been overwhelming. The project’s presale has sold more than $12.4 million worth of $BTCMTX and looks very likely to sell out. While the presale is ongoing, early investors can stake their $BTCMTX to earn 56% APY in lieu of mining credits.

Key Takeaways:

  • Stake $BTCMTX and receive Bitcoin mining hashpower
  • Offers its own mining software
  • Eliminates scams and bad actors in the cloud mining market
  • Ongoing presale has raised $12.4 million

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+750% +1,700% +3,100%

8. Hypeloot – Crypto Casino with Fiat Gateway, Offering Onramp to Huge Potential Audience

Hypeloot is a new crypto casino platform that promises to address many of the problems that gamblers currently face. First and foremost, it will offer both crypto and casino onramps, making it easier for anyone to play.

That’s a big deal because the online gambling industry is worth more than $63 billion, but existing crypto casinos capture only a small fraction of it. Hypeloot has the potential to carve out a huge market share and send the value of its $HPLT token skyrocketing.

Hypeloot Crypto Presale

Hypeloot also differentiates itself from other top crypto casinos by offering NFTs, which bring even more value to this ecosystem. The project plans to develop unique casino games, too, which could attract gamblers to Hypeloot over alternative gambling sites.

Hypeloot’s presale has raised more than $770,000 so far. Early investors can earn staking rewards and get 50% of their purchase back in Hypeloot gambling credits.

Key Takeaways:

  • Online casino accepting both crypto and fiat
  • Offers NFTs and custom games
  • Presale investors earn gambling credits and staking rewards
  • Currently has more than 178,000 users

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+600% +1,400% +2,600%

Major Cryptocurrency Predictions

We’ve also made predictions about 8 major cryptocurrencies. We cover influencing factors and if we think they could see significant gains in 2024.

1. Bitcoin – World’s Largest Crypto with New ETFs and Upcoming Halving

Bitcoin, the world’s largest crypto by market cap, is leading the current crypto bull market. It gained nearly 142% in the past year and set a new all-time high earlier this month.

That growth comes on the heels of the first spot Bitcoin ETF approvals in the US—something the crypto industry has been anticipating for years. The ETF rollout was an overwhelming success, with BlackRock’s Bitcoin ETF surpassing $1 billion in trading volume within weeks of launching.

Bitcoin Price Chart

The ETF rollout is huge for the long-term future of BTC since it makes this cryptocurrency accessible to everyday and institutional investors. We expect to see huge gains over the course of 2024 and 2025.

In the meantime, new investors may have an entry point coming up. Bitcoin’s next halving is forecast for April. If history is any guide, BTC may temporarily pull back after the halving.

Key Takeaways:

  • World’s largest crypto by market cap
  • Now available in the US through spot Bitcoin ETFs
  • Gained 142% in past 12 months
  • Upcoming halving event may offer entry point

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+175% +300% +1,200%

2. Ethereum – Largest Smart Contract Blockchain with ETFs Potentially on the Horizon

Ethereum is the 2nd-largest crypto by market cap and the largest smart contract ecosystem. While it hasn’t kept up with Bitcoin’s gains in the past year, it’s hardly been slacking—the ETH token is up more than 100%.

Ethereum has had a lot of tailwinds behind it, including an uptick in developer interest as the crypto bull market gets underway. The blockchain also recently rolled out its Dencum upgrade, which promises to make transactions on Ethereum faster and cheaper.

Ethereum Price Chart

Looking ahead, the next big catalyst for Ethereum could be the approval of a spot ETH ETF. This likely won’t happen until at least 2025, as the SEC is still debating whether ETH is an unregistered security. However, there’s fast-growing momentum behind a spot ETF, so it could be all but inevitable.

Key Takeaways:

  • Largest smart contract blockchain
  • Nearly 8,000 active monthly developers
  • History of successful blockchain upgrades
  • Widespread interest in an ETH ETF

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+150% +400% +1,100%

3. Ripple – Cross-border Banking Token Picking Up Steam After SEC Lawsuit

Ripple is a cross-border payments token that for years was wrapped up in a court battle with the SEC. However, that litigation largely wrapped up last summer with a victory for Ripple.

Now, the project is free to partner with major banks that had been wary of using Ripple’s network as long as its legal status was unclear. The project has the potential to revolutionize how banks and payment processors move money around the world.

Ripple Price Chart

Since Ripple’s XRP token is required for the process and has a fixed supply, we expect its price to increase as Ripple is adopted more widely. Ripple could especially benefit from global migration trends. As people move around the world, they have a greater need to send remittances back home—and Ripple could be the best way to do that.

Key Takeaways:

  • Won a victory over the SEC in 2023
  • Actively pursuing partnerships with major banks
  • Used to make cross-border payments faster and cheaper
  • Up 62% in the past 12 months

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+120% +300% +850%

4. Solana – Red-Hot Blockchain with Huge Developer Interest

Solana is perhaps the hottest major cryptocurrency on the market right now. It’s up 75% in the past month and nearly 750% in the past year. Plus, it just surpassed BNB as the 4th-largest cryptocurrency by market cap.

Solana has seen a huge uptick in developer interest over the past year. It now has more than 2,500 monthly active developers, which is about how many it had during the peak of excitement around $SOL in 2022. The blockchain is now home to some of the biggest meme coins on the market, including promising tokens like Smog, Bonk, and Book of Meme.

Solana Price Chart

Solana’s success could create a flywheel effect for this ecosystem, drawing in more developers and users. We anticipate more major projects in the DeFi and gaming sectors to roll out over 2024, which could further accelerate Solana’s explosive growth.

Key Takeaways:

  • Up 745% in the last 12 months
  • Home to some of the biggest recent meme coins
  • Hosts 2,500+ active monthly developers
  • Lower transaction fees than Ethereum

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+600% +1,150% +1,750%

5. Dogecoin – Largest Meme Coin with Backing from Elon Musk

Dogecoin is the most popular meme coin in the world, with a market cap of more than $21 billion. While this project suffered during the crypto winter, it’s come roaring back with a 110% gain in the last year.

Dogecoin has historically performed extremely well during crypto bull markets, and we expect this time around to be no different. As more new investors get into crypto, Dogecoin has enough name recognition to be widely trusted and widely used.

Dogecoin Price Chart

Recently, Dogecoin received a boost from Tesla and SpaceX CEO Elon Musk, who helped launch $DOGE’s meteoric rise in 2021. Musk said that Tesla could accept $DOGE for payment in the future, which would give more legitimacy to the cryptocurrency and show that it can be used by real-world businesses as a payment method. If Tesla successfully adopts $DOGE, look for this meme coin to go to the moon.

Key Takeaways:

  • Gained 110% over past year
  • Most popular meme coin for new crypto investors
  • Backed by Elon Musk
  • Tends to outperform during crypto bull markets

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+350% +575% +950%

6. Shiba Inu – Popular Meme Token with History of Big Gains During Bull Runs

Shiba Inu is the runner-up meme coin behind Dogecoin. Originally dubbed the ‘Doge Killer,’ it appears that both Shiba Inu-themed meme coins can thrive in a crypto bull market. Shiba Inu is up 182% in the past month and has a market cap of $16.3 billion.

Like Dogecoin, Shiba Inu tends to outperform other major cryptocurrencies when the crypto market is hot. That bodes well for this token in 2024, considering investment is flooding into the crypto market right now. $SHIB is also accessible on almost every major crypto exchange, making it easy for new crypto investors to buy the token.

Shiba Inu Price Chart

However, Shiba Inu also faces stiff competition from new Solana meme coins and tokens like Pepe. We think $SHIB is likely to see solid gains over the next 1-2 years, but it may underperform Dogecoin and newer meme tokens.

Key Takeaways:

  • Up 182% in past month
  • Historically outperforms bull markets
  • Accessible to new crypto investors
  • Faces competition from other meme coins

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+200% +450% +750%

7. Cardano – Fast-growing Blockchain with Huge Potential for More Development

Cardano is another ultra-fast blockchain that competes with Solana and Ethereum for developers and users. While Cardano’s architecture gives it some advantages, it’s so far failed to keep up with its bigger rivals. Heading into the crypto bull market, Cardano only has around 500 monthly active developers.

Still, this blockchain has promise as a hub for DeFi, green crypto development, and even decentralized physical infrastructure networks (DePIN). Its outstanding security, low transaction costs, and small carbon footprint could all give it a leg up as the crypto market further matures.

Cardano Price Chart

Cardano’s $ADA token is up 92% over the past year but flat over the past month even as other major crypto tokens have skyrocketed. We predict $ADA will find gains in 2024, but could fall behind many of its altcoin peers.

Key Takeaways:

  • Low-cost blockchain competing with Ethereum and Solana
  • Potential for DeFi and DePIN development
  • Up 92% over the past year
  • Could lag behind growth in wider altcoin market

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+150% +325% +650%

8. BNB – Native Crypto of Binance Set for Gains as Trading Increases

BNB may have been flipped from its spot as the 4th-largest cryptocurrency by Solana, but don’t count this token out. It’s up 66% in the past year and stands to see huge gains as crypto trading volume increases.

BNB is the native token of Binance, the world’s largest crypto exchange. It’s used to get discounts on trading and exclusive access to new projects at Binance. So, the more people that use Binance, the more valuable BNB becomes.

BNB Price Chart

The crypto bull market has the potential to draw millions of new users onto Binance and thus send the value of $BNB soaring. We think this token could strongly outperform the broader crypto market. We might even consider it to be undervalued despite $BNB’s recent gains.

Key Takeaways:

  • Native token of Binance crypto exchange
  • Value increases as trading volume on Binance increases
  • Potential to outperform BTC and other top altcoins
  • Up 66% in the past 12 months

Price Prediction:

2024 Prediction 2025 Prediction 2030 Prediction
+475% +675% +1,350%

Cryptocurrency Market Forecast for the Remainder of 2024

Our overall forecast for the crypto market in 2024 is very bullish. We think the crypto bull market is just getting started and that it’s likely to pick up speed over the coming months.

Already, investors who have never bought crypto before—or have only dabbled in Bitcoin—are getting into the market. That could represent the beginning of a new wave of investment, driving huge public interest similar to what the crypto market experienced in 2021. Bitcoin, in particular, will be helped by the availability of spot Bitcoin ETFs, but we think the bull market will be significant for altcoins as well.

Crypto Market Price Predictions 2025 – 2035

We think today’s crypto bull market will continue at least through 2026 and likely beyond. As inflation cools in the US, interest rates are expected to fall. That, in turn, will create a more risk-on investing environment, which is good for the crypto market and encourages investment in both existing tokens and new projects.

In addition, the market could see the introduction of more spot ETFs. An Ethereum ETF is of particular interest since this could cement Ethereum’s place as the largest smart contract ecosystem and encourage even more investors to buy cryptocurrency.

It’s more difficult to make long-term predictions beyond 2027 about the future of crypto, but broadly speaking, we forecast that the crypto market will continue growing. The industry is likely to see increased investment from traditional financial institutions and venture capital firms as it matures and gains more legitimacy. In addition, crypto uptake among everyday investors in the US and around the world is likely to continue increasing.

How Reliable are Crypto Price Predictions?

Our predictions are based on the best available information right now and our interpretation of each token’s potential bullish and bearish catalysts. However, that doesn’t mean our crypto price forecasts are perfect. The crypto market is inherently unpredictable and has surprised veteran analysts in the past.

Cryptocurrency price predictions should be used as a tool for making investing decisions rather than as a set-in-stone declaration of a token’s future price. Investors may be better served by considering the general direction and magnitude of a crypto price forecast rather than using predictions to set exact price targets for trades.

How to Make Crypto Predictions

In order to help you make your own crypto price predictions, we’ll explain some of the key things we consider when evaluating a token and making a forecast for it.

Momentum

Price momentum is one of the most important factors to look at when making a cryptocurrency price prediction. Tokens that have strong bullish momentum tend to keep going up, especially if the overall market trend is bullish.

Of course, momentum isn’t a perfect indicator. Many tokens do hit price peaks and then reverse, experiencing a short-term or long-term drop in price. So, it’s important to evaluate momentum with other factors and to recognize when momentum is slowing.

Utility

What a crypto token actually does is very important for coin price prediction. A token that serves an essential purpose—such as facilitating payments, offering discounts for a widely used service, or providing liquidity for a DeFi platform—has higher potential than a token that does not.

That said, not all tokens must have utility to increase in price. The popularity of meme coins has clearly shown that communities can form around tokens that have no specific utility and send their prices soaring.

Potential Market

The potential addressable market or audience is another thing to consider when evaluating a crypto’s future potential. If a token is important for an extremely niche market, it may have a small market cap even if it comes to completely dominate that market. On the other hand, a token with a much broader market could earn a huge market cap even if it takes just a 20% market share.

This is why many of the biggest crypto projects have global reach. For example, Bitcoin and Ethereum are both used around the world. Many new promising crypto projects are also designed to be used globally rather than just in one geographic region.

Exchange Listings

It’s worth thinking about what exchanges a token is listed on when making crypto predictions. Tokens that are already listed on major exchanges like Binance, Coinbase, MEXC, and OKX are easily accessible, especially to new crypto investors. That can help them gain price momentum as the market heats up.

On the other hand, tokens that aren’t accessible on these major exchanges have the potential to be listed on them in the future. Major exchange listings can be very positive catalysts for a token’s price, so this could impact your coin price prediction.

Tokenomics

You should also take a close look at the tokenomics of a cryptocurrency. Tokens that have a limited supply and low inflation could see bigger spikes in price as demand increases since there aren’t many mechanisms to increase token supply. On the other hand, tokens with high inflation could see muted price gains even if there’s a large increase in demand.

What Factors Affect Crypto Prices?

Prices across the crypto market can be affected by an extremely wide range of factors. We’ll explore some of the most important factors impacting crypto prices and why they matter.

Interest Rates

Interest rates are one of the biggest drivers of momentum in the crypto market. When interest rates go up, investors typically become more cautious and investment in cryptocurrencies goes down. When interest rates fall, investors typically become more aggressive, crypto prices tend to rise, and a bull market can occur.

bull and winter

As an example of how this works, the last crypto bull market occurred when interest rates were historically low. When interest rates rose in 2022-23, the market entered crypto winter.

Performance of Other Assets

How well other assets—like stocks, bonds, and real estate—are performing can also influence crypto prices. The crypto market and stock market are highly correlated, so if stocks are going up, it’s likely that crypto prices aren’t far behind. This correlation occurs because crypto and stocks are influenced by many of the same macroeconomic factors, including interest rates.

bitcoin stock market correlation IMF

Crypto Regulations

Crypto regulations can have a big impact on the market’s performance. Some regulations are beneficial for the industry, creating clear rules for how cryptocurrencies and exchanges can operate and clearing up uncertainty. Other regulations have a negative effect on prices by making it harder for cryptocurrencies to grow or for exchanges to offer access to them.

Market Sentiment

Public sentiment about the crypto market can also significantly influence prices. When there’s a lot of excitement about crypto, investors tend to pile into popular tokens and push prices up. Hype about the crypto market can also encourage new investors to buy crypto for the first time, increasing overall participation in crypto.

On the other hand, when public sentiment about crypto is bearish, that bearish sentiment can become a self-fulfilling prophecy. Investors leave crypto for other assets, development slows down, and prices fall.

Useful Resources for Crypto Price Forecasts

Here’s a list of resources you can use to get more information about cryptocurrencies and make your own crypto price predictions:

Michael Graw
Editor

Michael Graw is an experienced writer in the business and B2B tech fields. His articles can be found on Business Insider, Entrepreneur, Tom’s Guide, and TechRadar, and cover everything from corporate finance to crypto and international tech regulation. A prolific copywriter and entrepreneur, Michael has worked with a wide range of SaaS and tech companies and has his finger firmly on the pulse of B2B tech and finance.