Cardano (ADA) is considered one of the giant and foundational projects in the blockchain world, and many investors hope to see its price jump to astronomical levels, the most famous of which is the barrier of 100 dollars. However, this ambition faces a huge mathematical and economic obstacle called market capitalization.
Market capitalization is the total value of the currency in the market, which determines the individual unit price, and is not just the popularity of the project.
⛔️ 3500 trillion dollars: the impossible number
To understand why it is difficult for ADA to reach 100 dollars, we need to look at the huge circulating number of the currency:
The current circulating number of ADA: is about 35 billion coins approximately.
If we want the price of ADA to reach 100 dollars, its total market value must reach a tremendously large number:
The required market capitalization: 3.5 trillion US dollars.
A quick comparison for 3.5 trillion dollars:
This number is incredibly huge even for the largest assets in the world:
The largest companies in the world: the largest companies in the world, such as Apple or Microsoft, do not exceed a market value of 3 trillion dollars.
Bitcoin: At the peak of the market, Bitcoin's market capitalization reached about 1.3 trillion dollars only.
The entire crypto market: even the total value of the entire cryptocurrency market (all currencies combined) at its highest peaks has not exceeded 3 trillion dollars.
In short: for ADA to reach 100 dollars, it must become more valuable than the largest company in the world, and capture more than the total value reached by the entire crypto market during boom periods. This requires pumping trillions of dollars that are not currently available in the market to support a currency of this size.
📈 The realistic ceiling for growth
The real growth of ADA lies in developing its network and adoption, not in reaching 100 dollars. ADA can achieve excellent growth and reach a price of 5 dollars or 10 dollars, which are targets that require a market capitalization approaching 350 billion dollars or 700 billion dollars respectively, which are huge numbers but much more realistic in the context of the bullish crypto market.
In summary: 100 dollars is a magical barrier prevented by huge numbers of market capitalization. Investors need to focus on the value of the project and the blockchain technology that ADA offers, and set their price expectations within the few trillions that the market can pump.
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