Share this article
At the end of 2019, dozens of major figures in the crypto and blockchain industry made predictions on price, the market’s state, and more.
We took predictions from TokenDaily’s 2020 Crypto Crystal Ball post to find out who was right, who was wrong, and who was downright dreaming.
2020’s Top Crypto Predictions
Bram Cohen, Chia/BitTorrent
BitTorrent creator Bram Cohen kept it short and sweet with his prediction last year, saying, “Tether takes over the #3 position by market cap.”
He was right! Tether is currently at #4 but did indeed rise to become the third token by market cap earlier this year, and it stands poised to regain the position at any time.
Katherine Wu, Notation Capital
Notation Capital investor Katherine Wu predicted that “2020 will be a breakout year for better and more human-centric designs.”
With the increased focus on UI in products like Status as well as PayPal integrating crypto, it’s fair to say that the industry has become more user-friendly over the last year. Wu foresaw an increase in better tools for “non-crypto native designers who may want to build something on a decentralized web alternative.”
On the regulatory side of things, Wu said, “I think there have been enough SEC/IRS/CFTC predictions and tensions to properly strike fear in founders/ investors in the US,” predicting that more crypto projects would geo-fence U.S. users and customers at launch. Full marks to Katherine Wu for 2020.
Ari Nazir, Neural Capital
Managing Partner at Neural Capital, Ari Nazir, said “exchange tokens will continue to be the strongest performing non-vaporware investments in Crypto. Specifically, FTX will take even more trading volume market share from the current exchanges and move into the Top 5 in total volume.”
FTX did indeed have a good year but is sitting at #28 for spot markets and #6 for derivatives at the time of writing, making this prediction a fail.