It’s certainly plausible that the crypto market will grow several-fold in the years ahead. After all, the global equity market is worth $120 trillion, according to nonprofit trade group Sifma. That’s more than 60-fold larger than the collective value of all cryptocurrencies. Unfortunately, with over 17,600 cryptos in circulation, investors have to so lot of research to sort things out.
If you’re looking for a place to start, consider these three coins. I think each will rank among the three most valuable cryptos by 2030. Here’s why.
1. Bitcoin
Bitcoin (BTC 0.19%) was the spark that started the cryptoeconomy. In 2008, the pseudonymous Satoshi Nakamoto published a now-famous white paper. It detailed how a peer-to-peer electronic cash system could be built on a blockchain, a distributed system of records secured by cryptography. Doing so would allow consumers to transact directly with merchants, eliminating the fees charged by banks and credit card networks.
Of course, Bitcoin has not replaced traditional financial institutions, but it has still become a popular asset. Thirteen years after its launch, Bitcoin remains the most valuable cryptocurrency by a wide margin. In fact, its market cap of $720 billion accounts for nearly 42% of the entire crypto market. And Bitcoin is valued more highly than publicly traded companies like Visa and Mastercard.