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RE: The Real “Next NEO” is Here - Meet Cardano and ADA
So many token though. I was on Bittrex when it launched and I saw it climb from 0.00000400 to 0.00002000 really quickly. I was lucky enough to buy 1/1 0 of a bitcoin worth at 0.00000302 when it started to crash hard and do an almost immediate sell at 0.00000600. Still I won't be adding this coin to my portfolio as the total number of coins is way too scary for me. I think it might climb higher but will fall back to the 0.00000400 level.
We've tracked this long enough now to project the value of the asset overall in 3-stages. Market cap ranges of $650mm in stage 1, $4billion in stage 2, and closer to $42-44billion for stage 3 (2019-2020). ADA is no joke, but it's structured to end up topping out at about $1.00USD total in value for the ADA asset, from what we can see. This will allow an ADA to compete with the global economic space (FIAT side) a lot easier than someone looking at a BTC for $5,000 -$7500 down the road.
Something to think about.
Your calculation is hugely false, Cardona's niche is the so called "broad money" supply which is currently capped at 80T USD, considering ADA's maximum supply and if it succeed to go main stream it can top up to about 1700 USD per token not 1 USD. You may argue that this estimate is quite optimistic, so let say we halve it (50% market saturation) for a much conservative approach, still it could be worth 850 USD....
lol, it was today 1 ADA = $0,56