The price of Cardano is currently trading at around $0.34. It has been moving sideways since August, ranging between $0.3144 and $0.3972.
During this period, Bitcoin’s price has also shown a sideways trend, influenced by the general sentiment in the crypto market and other factors.
Bitcoin’s price direction typically affects other altcoins, including Cardano. Many analysts in the crypto market expect Bitcoin’s price to continue rising and potentially reach $100,000 by 2025. Consequently, this could also impact altcoins like Cardano.
To gain further insight into the extent to which it could affect the price of Cardano, we asked Google Gemini to predict what 10,000 ADA tokens might be if Bitcoin reaches $100,000. We have previously conducted similar analyses for Kaspa and Solana.
30,000 ADA tokens at the time of writing are worth around $10,200. Here’s what the AI had to say:
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Show more +Pessimistic Scenario: $0.50-$0.75
In a pessimistic outlook, ADA’s price could rise to around $0.50 to $0.75. At this price, 30,000 cardano would be worth between $15,000 and $22,500. Gemini suggested that a surge in Bitcoin to $100,000 might indicate a market peak, leading investors to rotate funds back into traditional assets.
This scenario could also bring increased competition from other cryptocurrencies, affecting prices. However, issues like government interference and stricter regulations could dampen user sentiment, potentially limiting bullish movement.
Read Also: Expert Predicts New Bitcoin (BTC) ATH Soon: Here’s the Outlook
Realistic Scenario: $1.00-$1.50
A Bitcoin rally could drive greater crypto adoption, and Cardano is well-positioned for this due to its strong ecosystem development and technical advancements, which may trigger organic growth.
With ADA projected to be worth $1 to $1.5 at this level, 30,000 ADA tokens will be worth $30,000 to $45,000. Factors that could drive ADA’s price to $1.50 include growing institutional investment, an increase in large-scale investors, and the establishment of more professional investment infrastructures.
Optimistic Scenario: $2.00-$3.00
With continued technological growth, Cardano’s price could rise to as high as $3. That would be 90,000 for those who buy at this level. Expansion of its developer ecosystem and strong community support could further drive growth. Increasing adoption in supply chain solutions, the growth of DeFi applications, and demand driven by practical utility are also expected to be key growth drivers.
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