Despite widespread criticism, Cardano and Ethereum comparison continues to dominate discussions in the digital asset space. With its current price of $0.644, Cardano still ranks as one of the most prominent cryptocurrencies by market cap.
Meanwhile, Cardano’s price has underperformed since this year, declining by over 23% since January 1. ADA’s performance in the monthly, weekly, or even daily timeframe is also negative, as the uncertainties in the market stall bullish potential.
However, many argue that Cardano trends below its potential. Even Cardano founder Charles Hoskinson thinks so, projecting that Cardano and Ethereum rivalry will eventually see ADA stand above Ethereum, the second-largest cryptocurrency by market cap. We will consider this prospect, using analysis from ChatGPT to assess the possibility of Cardano catching up with Ethereum by 2030.
ADA Price of It Reaches Ethereum Market Cap by 2030
Meanwhile, ChatGPT established the difference in the current valuations of Cardano and Ethereum alongside the magnitude of the uptick ADA needs to make to ensure it overtakes the altcoin king. For perspective, CoinMarketCap shows that Cardano trends at $0.643 at the time of writing, almost unchanged in the past 24 hours.
On the other hand, Ethereum ranks as the second-largest cryptocurrency by market cap, with a valuation of $467 billion. This culminates in a price of $3,870 with its current circulating supply of 120.7 million tokens.
Furthermore, ChatGPT highlighted that the market cap of Ethereum is approximately 20.3 times that of Cardano. Inversely, it means that ADA’s valuation equals just 4.9% of Ethereum’s. These figures came about by dividing the market cap of Ethereum by that of Cardano and vice versa.
Furthermore, ChatGPT calculated how high Cardano can go by multiplying the current market price of $0.643 by the market cap ratio of 20.3. This takes the projected ADA price by 2030 to a new all-time high of $13, representing a 1,921 rally from the current price.
However, ChatGPT stressed that this projection ignores fundamental market factors such as market sentiment and supply changes. Additionally, it noted that this was a linear scaling approximation, which typically does not occur in reality.
Don’t Wait for 2030, Buy This 1,000% Token Now
You must not wait until 2030 to record an over 1,000% uptick; a new token with such potential in this bull cycle has emerged. Recent expert research has critically analyzed the market for new gems, and Minotaurus (MTAUR) ranks among the brightest and most beneficial to holders.
Notably, Minotaurus has shown all the promising signs of a must-have token, with massive adoption and bullish momentum backing its rise to prominence. The perfect choice of a low-cost and effective blockchain, the casual gaming niche, and real-world utility has distinguished it as one of the top contenders for insane upsurges this cycle.
Currently selling at 0.0001247 USDT, Minotaurus offers not just a fair entry but also an affordable price for accumulation, considering its future trajectory. Further backed by its buzzing community and clear use case, MTAUR could replicate the early success of top assets like Solana, Dogecoin, and XRP.
Can MTAUR Make You a Millionaire?
It bears mentioning that Minotaurus’s affordable entry price makes it particularly attractive. If the token reaches the heights market watchers expect, this bargain price could turn meager inputs into good benefits.
For instance, one can acquire over 800,000 MTAUR with 100 USDT at the current market price. Let’s assume that MTAUR hypothetically rallies over 86,000%, similar to how XRP did from its all-time low; the 100 USDT portfolio would exceed 86,100 USDT.
Now, imagine buying 1,000 USDT or 10,000 USDT worth of MTAUR at the current price, and it allegedly mirrors XRP’s all-time rally. Such portfolio upsides would easily make one a millionaire.You don’t want to miss this opportunity; buy MTAUR now before the price rallies.
Attention! The information presented in this article does not constitute investment advice. Before purchasing any cryptocurrency, always conduct thorough research and make sure you are well informed about the specific asset! Before making an investment decision, it is recommended to consult with a professional. Fintech.hu is not responsible for decisions made based on this information.
(This article was provided by a third party.)
(Cover photo: AI generated)
