TLDR ADA recorded a 6.81 percent drop in the past week according to CoinMarketCap data. Dogecoin followed with a 6.14 percent loss in the same period as the market declined. ADA remains in the 10th spot among top cryptocurrencies by market capitalization. At the current price of $0.6104, investors can buy 10,000 ADA for approximately [...] The post If Cardano Beats Ethereum, Your 10K ADA Could Do This appeared first on CoinCentral.TLDR ADA recorded a 6.81 percent drop in the past week according to CoinMarketCap data. Dogecoin followed with a 6.14 percent loss in the same period as the market declined. ADA remains in the 10th spot among top cryptocurrencies by market capitalization. At the current price of $0.6104, investors can buy 10,000 ADA for approximately [...] The post If Cardano Beats Ethereum, Your 10K ADA Could Do This appeared first on CoinCentral.

If Cardano Beats Ethereum, Your 10K ADA Could Do This

TLDR

  • ADA recorded a 6.81 percent drop in the past week according to CoinMarketCap data.
  • Dogecoin followed with a 6.14 percent loss in the same period as the market declined.
  • ADA remains in the 10th spot among top cryptocurrencies by market capitalization.
  • At the current price of $0.6104, investors can buy 10,000 ADA for approximately $6,104.
  • The same purchase cost around $8,910 when ADA traded at $0.891 just weeks ago.

Cardano (ADA) continues to face pressure as the broader crypto market trends downward. ADA dropped 6.81% this week, data from CoinMarketCap shows.

Dogecoin followed closely with a 6.14% decline. ADA remains in 10th position in the crypto rankings for over a month.

Still, investors continue monitoring ADA’s performance closely. Many see its low price as a chance to accumulate more tokens.

ADA’s Price Drop Offers Lower Entry Point

ADA is currently trading at $0.6104, offering a lower entry price for new buyers. A purchase of 10,000 ADA now costs $6,104.

A few weeks ago, 10,000 ADA would have cost $8,910 when priced at $0.891. In December 2024, the same tokens cost $13,200.

This current price reflects a lower cost for the same amount of tokens. Some investors view this as a new opportunity.

The coin’s value has declined, but it still holds a place among the top 10 crypto assets by market capitalization.

Ethereum holds a market cap of $465.43 billion. Cardano’s current market cap is $21.89 billion, per CoinMarketCap data.

To surpass Ethereum, ADA must grow its market cap by 2,047%, reaching approximately $470 billion. That requires major valuation gains.

At the current circulating supply of 35.86 billion ADA, a $470 billion valuation implies a price of $13.1 per token.

A portfolio of 10,000 ADA would then be worth $131,000. This would return a gain of $124,896 from the current price.

That growth would represent a steep climb, but it reflects only a direct market cap comparison between the two coins.

Investors Evaluate ADA’s Future Worth

While ADA’s current price shows weakness, some traders see long-term potential. Analysts have projected optimistic future targets.

BasicTradingTv on TradingView forecasts ADA to hit $13. This matches earlier estimates from other projections comparing ADA and Ethereum.

Changelly also provided a forecast of ADA reaching $13 by the second half of 2032. That estimate is nearly seven years away.

Still, experts caution that Ethereum may also rise in value. This could keep ADA from overtaking ETH even at $13.

The valuation gap remains large. ADA must gain over 20 times in value to equal Ethereum’s current market cap.

Many retail buyers are increasing their ADA holdings at current levels. Lower prices are encouraging fresh accumulation.

At $0.6104, ADA offers entry for $6,104 per 10,000 tokens. This is lower than its value in recent months.

Although ADA remains in 10th place, it has stayed within the top 10 consistently. This shows ongoing investor interest in the project.

Market participants are watching ADA’s next moves. The potential reward continues to drive discussion around its long-term future.

CoinMarketCap lists ADA’s current market data and rankings. This information helps guide investor decisions in the volatile market.

The post If Cardano Beats Ethereum, Your 10K ADA Could Do This appeared first on CoinCentral.

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