CARDANO (ADA) in Crypto Money Market $0.76185Circle’s stable digital currency aims to cross USDC in terms of market value. It is stated that the island should exceed a certain price level, provided that its circulating supply, which is 35.32 billion in order to achieve this goal, does not change. Currently, Cardano is trading at $ 0.7604 and the total market value is 26.73 billion dollars.
CARDANO’s targeted increase in market value
According to experts, the price of the island to pass the USDC in the market should rise to $ 1,755. This price refers to an increase of approximately 132 percent of its current level. Currently, the USDC ranks seventh with a market value of $ 61 billion and is in a higher position than Cardano.
Cardano’nun in the past in the past has experienced greater rise. However, the current market conditions and investor behaviors contain uncertainties as to whether an increase in this size will occur. It is stated that such a movement depends on the general situation of the market and the interest of investor.
Possible consequences for the island to leave USDC behind
If the island leaves USDC behind in terms of market value, significant changes in crypto assets can be expected. It is stated that the competition in the market can be shaped with the rise of the island to a higher position in the ranking. Such rises can prepare the ground for the formation of new strategies for investors.
On the other hand, it is stated that such rapid price increases will be permanent and there is no definite prediction about their sustainability. Considering the volatil structure of crypto currency prices, it does not seem to be clear whether the island will be effective in the short term or in the long run.
Experts and market followers think that various factors should come together to increase the island price. Supply-demand balance, investor perception and market sensitivity stand out as determinants at this point.
According to a market analyst: “Cardano should not only increase the price in order to pass the USDC, but also the general crypto market must have a positive momentum.”
In addition, exceeding the psychological level of the island’s $ 1 is considered an important element of trust for investors. Movements above this level can increase the interest in Cardano.
However, it can be thought that market dynamics are open to instant changes, the rapid rise in the past is occasionally short -term, and investors should be careful with price fluctuations.
The island’s passing USDC with its market value is considered a development that can strengthen Cardano’s position. However, whether the expected price increase will be realized and may vary depending on the developments in the market and macro -economic conditions. It is important for investors to follow the current market effectively and make conscious decisions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
