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HomeCrypto NewsMarketHere is Cardano Price if ADA Market Cap Hits $100B or $500B

Here is Cardano Price if ADA Market Cap Hits $100B or $500B

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Cardano could reach ambitious price milestones if its market capitalization expands into the $100 billion to $500 billion range. 

Like most tokens, Cardano (ADA) has experienced choppy price action in recent days, mirroring the performance of the broader cryptocurrency market. After nearing $0.94 on September 18, ADA lost momentum and slipped back below the $0.90 mark. 

At press time, ADA was trading at $0.899, boasting a market capitalization of $32.19 billion. The token has declined by 2.9% over the past week and 1.64% over the past 24 hours. Similarly, the trading volume of Cardano’s native token has also dropped by 34% over the past day to $1.28 billion. 

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It is worth noting that Cardano’s pullback is not unique, as other major assets, such as Bitcoin and Ethereum, have also shed a portion of their recent gains. However, there is growing confidence within the Cardano community that the decline would be short-lived. 

ADA Price if Its Market Cap Hits $100B or $500B 

As a result, speculation suggests that ADA’s market cap may potentially reach lofty levels, ranging from $100 billion to $500 billion in the future. In view of this, we explored how much one ADA token will be worth if its market cap rises to the $100-500 billion range. 

For Cardano to reach the $100 billion milestone, its market capitalization would need to increase by 210.65% from its current value of $32.19 billion. Achieving a $500 billion valuation, however, would require a far steeper surge of 1,453%. 

At $100 billion, one ADA token would be worth $2.79, while the $500 billion valuation translates to a unit price of $13.96. This estimate assumes that ADA’s supply remains stable at roughly 35.8 billion. 

For context, Cardano has previously surpassed the $2.79 target. The event occurred during the 2021 bull market, when its price eventually reached an all-time high of $3.10. This indicates that the $13.96 target would mark a new ATH for Cardano. 

Experts Predict ADA Rally to $2.7 or $13.9 

Several analysts have been forecasting the token’s surge to the $2.79 and $13.96 targets. 

In 2022, a group of experts suggested in a Finder’s report that ADA would reach $2.79 by the end of the year. However, this never happened as ADA continues to trade below the level to date. 

Earlier this month, popular crypto chartist Javon Marks speculated that ADA could surge toward $2.91, surpassing the $2.79 mark. He made the bullish prediction after ADA formed a falling wedge structure. However, he did not predict when this upside move would happen. 

Last year, Marks made a similar prediction, forecasting that ADA was preparing for a major rally to $2.70 before ultimately climbing to $7.77. 

Meanwhile, several experts have also predicted the token’s climb to the $13 price mark. Notably, pseudonymous analyst SwingTraderPhil predicted that ADA could climb to an ambitious $13.53 in the current cycle if it mirrors the historical patterns behind its past rallies. 

Many community members believe ADA could surpass the $2.79 target and its previous ATH of $3.10 this cycle. However, the timeline for achieving the ambitious $13.96 price remains a key point of debate. 

Changelly projects ADA will hit this milestone by July 2032, about seven years from now. In contrast, Telegaon anticipates that it could happen earlier, by 2030, with ADA potentially reaching a maximum of $15.08 that year. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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