Future of the Crypto Currencies

Mustafa Özyeşil

Abstract


The main purpose of this study is to contribute to the literature by performing an original study. The main subject of the study is to investigate the future position of cryptocurrencies included in the sample. In this study, we tried to predict the future expected the popularity of 6 cryptocurrencies. For this purpose, we collect internet search data of each cryptocurrency included in the sample. Popularity variable is determined by the frequency of searched numbers of crypto coins on the internet.  We created graphs in the form of scatter plots by using MS Excel 2016. In order to determine the ideal curve that provides the highest specificity coefficients (R2) of related to equations was preferred. According to the results of the analysis, it was determined that RIPPLE-XRP may be taken out of the circulation in the market by November 2020.


Keywords


Crypto Currency, Internet Search Numbers, Popularity, MS Excel, Scatter Plots Graphs, Google Trends.

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  International Journal of Commerce and Finance
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