Bitcoin and Ethereum prices may triple at the end of the year

 Several Blockchain industry participants expect Bitcoin and Ethereum,  the two best cryptographic currencies, to triple in price by the end of  the year, according to a research conducted by the popular research site  Finder and published by the South China Morning Post (SCMP).

According to the survey study, the market value of Ethereum rises by 212% more than Bitcoin. Bitcoin Cash is expected to grow by 123 percent, while Bitcoin Cash is expected to grow by 194 percent.

In SCP's survey, on Feb. 27, Bitcoin was at $ 10.00 and Ethereum at $ 870. The research shows that by the end of the year the price of Ethereum  will be 2,550 dollars, Bitcoin 29,533 dollars and Bitcoin Cash 2,721  dollars.

Bitcoin and Ethereum in the survey, the latest price trends of $ 8,800 was seen to fall. These values ​​mean more than three times in nine months. Ethereum is currently trading at $ 670.

Under  the SCMP, investors can participate in more ICO (Initial Coin Offering)  by making more purchases with the price drop of Ethereum. In  Hong Kong-based CryptoCurrency commissioner Octagon, vice-president Si  Oh explained that his company was interested in Bitcoin and Ethereum. He also said Bitcoin's daily average score is three times that of the Ethereum.

Kevin  Loo, founding partner and chief strategist at CryptAM, a Hong  Kong-based digital asset management firm, said in a news release that  Ethereum expects to have a bright future. Loo also pointed out that, like Bitcoin, the cryptographic paranoid also faced scaling problems. As  an example, in November 2017, the CyrptoKitties, which temporarily  blocked the Ethereum network, paid attention to its madness. Loo:  "The ethereum network attracted a lot of interest in the virtual  cat-dog game, which allows players to buy and produce 'crypto-pets'. But  with this madness, the network slowed down and there was a lack of  scalability, one of the challenges that previous Blockchains faced. "