First lets see what is the current Status:
| Available Supply | 32.1B |
| Total Supply | 45.0B |
| Current Market Capitalization | 90.58B |
| Current Price | 2.83 USD |
Now lets see see how the Global Market capitalization Grows over the last 2 years
From https://coinmarketcap.com/charts/ we got:
Some Important notes:
| Date | Market captitalization USD |
| 04/01/20 | 0.20 T |
| 01/06/20 | 0.27 T |
| 01/01/21 | 0.77 T |
| 01/06/21 | 1.63 T |
| 01/09/21 | 2.18 T |
| 01/01/22(Forecast) | 2.75 T |
Now lets do some analysis:
- How Cardano will behave taking more Market capitalization related to ETH
- How Cardano will behave if nothing happens
How Cardano will behave taking 70% of Market capitalization related to ETH
| Coin | Price (USD) | Market Cap. (USD) | % |
| BTC | 51312 | 962.96 B | 39.00 |
| ETH | 3895 | 456.23 B | 18.00 |
| ADA | 2.83 | 90.58 B | 3.75 |
Assuming Cardano Reaches 70% of current ETH Market Capitalization:
Market Cap. = 456.23 B x 0.7 = 319.36 B
Then The price would be:
Formula: Price = MC / Av. Supply
Price = 319.23 B/ 32.1 B = 9.94 USD
How Cardano will behave if nothing happens
From the chart “Market Capitalization could be 2.75 T by end of 2021″we assume that Global Market Capitalization will be 2.75 T USD. See chart above.
Global Market Cap. at 01/01/2022 = 2.75 T USD = 2750 B USD.
Cardano Market Capitalization (01/01/2022) = 2750 B x 0.0375 = 103.2 B
Price = 103.2 B/ 32.1 B = 3.21 USD