Ripple
Cardano
If you have some thoughts. Kindly share
Got some thoughts. Did some analysis about their upward price potential. I'm not talking about the projects. I think both are great projects with great applications and technology. But from an investment point of view.
Cardano (ADA)current price: $ 0,86
number coins availableMax : 45B
current marketcap: $22B
nearest competitor: ETH (price: $1222, max number coins: 96M, marketcap: $118 B).
assumptions: total crypto market triples in next year. ADA can replace ETH.
Upwards potential in price: ETH Marketcap (118B) * 3 (triple total crypto market) / Total number ADA coins =
$7,8 price for ADA. (9 times)Ripple (XRP)current price: $ 2,37
number coins availableMax : 100B
current marketcap: $92B
nearest competitor: none. Bitcoin as best reference in size. (current price: $12.950, max number coins: 21 M, Marketcap:$217 B).
assumptions: total crypto market triples in next year.
Upwards potential in price: BTC Marketcap (217B) * 3 (triple total crypto market) / Total number XRP coins =
$6,5 price for XRP. (3 times)Unknown factor: Number of coins the banks need for their activities. This could push the price up.
So between 6,5 - 10$