If Bitcoin hits $100,000 sometime next year (2020), what price can ENJ, BAT, DENT, QKC, ZIL, and BNB hit?
Then, they’ll all reach 1,000x, except maybe BNB, because it already has such a high market cap.
$100,000 for Bitcoin is a 20x increase, and a market cap of $2 trillion.
Then, one of these could potentially also hit $1 trillion, which would even mean a 10,000x increase.
Here is my projection on how the top 10 would look like with Bitcoin hitting $100,000 based on my research:
- BTC at $2T market cap = 20x return
- ETH at $500B market cap = 20x return
- XRP at $250B market cap = 17x return
- BNB at $250B market cap = 100x return
- IOTA at $250B market cap = 250x return
- BAT at $200B market cap = 500x return
- Holo at $200B market cap = 1,000x return
- DENT at $100B market cap = 2,500x return
- ENJ at $100B market cap = 1,000x return
- Theta at $50B market cap = 500x return
Once that happens, Ethereum and XRP will still likely be on the Top 10, because they are huge, and not as bad as the other current top 10 coins.
However, Tron, BitcoinABC, BitcoinSV, XLM, EOS, and Litecoin simply have really bad scalability or decentralization, and will be replaced by the upcoming coins with real traction, real adoption and real usage. They would have been able to stay there if they had better adoption like XRP or Ethereum; that could cancel out their inferior technology, but you need to be #2 or #3 to make up for a lack of technology.
For example, QKC and Holo have outstanding scalability AND decentralization, and are unmatched by others and IOTA might soon too, because they might remove their coordinator soon. .
BAT, ENJ, and DENT are very likely to give outstanding return with $100,000 Bitcoin, because they have already crossed 10 million users. I’m very confident about that. Read more about why here.
That’s why they have a very, very good shot to make it big when Bitcoin goes up, and more money goes into crypto.
Theta also has a good shot to move into the top 10 too, because they are already have 1 million users and can replace Youtube.
However, apart from those 6 coins, I don’t see any coin giving much of a return like this.
Maybe Ravencoin and Elastos too, but not sure about those yet
There is a good chance that we will have those returns when Bitcoin hits $100,000. However, this certainly won’t happen this year, but the chances are slightly higher for next year. Though, there is a good chance for this to happen in 2021, and when Bitcoin goes into a real bull run, we will have returns in the same range as in the bull run in 2017.