IAmTheBest wrote:IllmaticHandler wrote:IAmTheBest wrote:
i agree that we will see weak coins shaken out. but that doesnt mean that all the current small and medium market cap coins are weak. there are some potential juggernauts out of the top 5/ top 10 coins (in terms of market cap)
cardano has already overtaken litecoin's value lol. cardano is a top 5 coin....it's not a small fry by any means.
if youre looking to "go to the moon" the answer more likely lies in finding the hidden gems not going steady with the established ones that have already had their explosions.
He said the value of the coin itself, not in Market cap which it had already has. Cardano can go to $200 down the road, so at the price point 40c is Huge gains. Cardano and alot of the top coins explosions(rise) are on going.
Its all about strategy. There is nothing wrong with either one. An established coin can easily go to the moon.
If cardano ever reaches $200 per coin, it would mean that cardano alone would have a market cap of 5 trillion dollars assuming circulating supply remains the same
Is this theoretically possible? yeah, it is. how likely is this in the near future. not very likely at all. Unless the US dollar completely tanks lol. to put things in perspective apple's market cap isnt even 1 trillion yet. some people are saying that the market cap of the entire crytpo currency space will peak at around 5 million before bursting.
that's why market cap is so important when determining the probability of explosion
i agree there's nothing wrong with either one. but 300 gains on something with a market cap of already 18 billion is a tall order.
I understand what you mean,but Big Market caps still have huge potential in a realistic way is the point that's being made. Gains are relative. 100x is good for some people.
We have to remember that less than 2% of the world is into cryptocurrency. The market caps we see now are actually small to what they will be in due time. The bubble wont burst on every coin if there is wide spread adoption and more users.
So some of the smaller coins will be having market caps of the top coins now in a couple of years. If 10% of the world gets into Crypto Currency these current Market caps would look tiny.
Nebulas, decentralized search engine (been in my watch list for a minute) is staying green even while BTC etches in and out. Methinks that could keep going up too.
