Can Cardano reach Ethereum?

In September last year, Green said: “Cardano is likely to be a challenger to Ethereum as not only can it be used as currency, but its blockchain – the tech on which it runs – can also be used to build smart contracts, protocols and decentralised applications.

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Why is ADA still cheap?

Cardano is so cheap because it is a relatively new project that has not attracted as much attention as Bitcoin or Ethereum . The second factor is that there are 45 billion Cardano’s. So the relative price per share (ADA) is low because the total supply is so ample.8 May 2021

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What is the maximum price ADA can reach?

For any discerning investor unsure how to justify Cardano’s current market price, consider this: ADA can reach $10 without displacing ETH as the No. 2 cryptocurrency by market cap. This is especially the case if we see Ethereum gain market capitalization alongside the rest of the crypto markets –– a likely scenario.29 Ara 2021

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