Crypto Price Surge Rings in New Year

by Marvin Dumont

A new year and new decade are fueling optimism among cryptocurrency investors. Cryptos soared to a $245 billion market cap early Friday, representing a 29% gain since the start of 2020. That pushed Bitcon (BTC) to over $8,900 on 66% dominance.

How long will the positive sentiment last? The market has not seen these prices since October 2019 and May 2019.

Paolo Ardoino, chief technology officer of Bitfinex, predicts BTC will reach $20,000 by end of year. Daniel Diemers, head of blockchain at PwC, sees $100,000 per BTC by the end of 2020.

Apollo (APL) all-in-one currency combines nearly all features of mainstream cryptocurrencies into the fastest blockchain in the world. Boasting features and advancements such as the first implementation of database sharding, as well as adaptive forging, atomic swaps, two-second blocks, encrypted messaging, decentralized marketplace, decentralized exchange, decentralized applications, and decentralized file storage, Apollo stands as the most feature-rich cryptocurrency on the market. And one of the most advanced.