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đ„ Hereâs How Much 1 Cardano Will be Worth if ADA Market Cap Reaches $100B Cardano has the potential to retest its 2021 all-time peak if its market cap rises to claim the coveted $100 billion mark. The crypto market has embarked on an impressive run, with Cardano being one of the biggest beneficiaries after months of underperformance. Notably, the latest market-wide upsurge came on the back of Bitcoinâs push to new peaks following Donald Trumpâs win in the Nov. 5 U.S. presidential election. Despite Cardanoâs bearish performance from March to October, market analysts remained confident in the altcoinâs potential. For instance, most recently, market watcher Javon Marks predicted a potential Cardano rally to $8. Meanwhile, earlier in the month, another analyst, Madmaudo, argued that an ADA surge to the $3 level was long overdue. In addition, analyst Dan Gambardello projected a possible surge to $15. However, while pundits believe most of these targets are within reach, some argue that targets like $15 might not be feasible. đž Cardano Price if Its Market Cap Hits $100B The major reason behind this skepticism is the resulting market cap from loftier price targets. For context, the $15 price level would bring Cardanoâs valuation to $525 billion, much higher than Ethereumâs current market cap of $365 billion. This would make ADA the second-largest crypto asset, a tall feat. Notably, ADAâs peak market cap was $93 billion, a valuation it attained when it surpassed $3 during the 2021 bull run. However, at the current circulating supply of over 35 billion tokens, Cardano would trade at $2.77 if it reclaimed the $93 billion peak during this bull run. Meanwhile, if ADA ever surpassed this level to claim the much-coveted $100 billion market cap level, its price could knock at the previous ATH. Particularly, with a $100 billion market cap, Cardano would trade at $2.85. While this would represent an impressive 551% increase from current prices, ADA would still be 5% away from its 2021 peak of $3.1. #ADA #Cardano
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đ 2 cryptocurrencies to reach $50 billion market cap by year-end This week, the cryptocurrency market saw a notable surge following a strong Republican victory in the U.S. elections, with Donald Trump securing a second term. Bitcoin (BTC) reached a fresh all-time high, climbing above $77,000 on Friday as renewed optimism flooded the market. This upward momentum has boosted Bitcoin and spurred growth across the broader crypto market, elevating major altcoins and setting some on a path toward key market cap milestones. In light of this rally, Finbold has identified two altcoins, Avalanche (AVAX) and Dogecoin (DOGE), that exhibit strong potential to reach a $50 billion market cap by the end of the year, backed by unique growth drivers and increasing institutional interest. đž Avalanche (#AVAX) Avalanche has shown significant growth potential with its expanding role in real-world asset (RWA) tokenization, a sector increasingly integrated into the digital finance landscape. Currently priced at $29.47 with a market cap of approximately $12 billion, AVAX has gained 7% in a single day and 17% over the past week. The platformâs high transaction throughput, capable of handling up to 6,500 transactions per second, has positioned Avalanche as an attractive choice for tokenized finance. Notably, the project has also made headlines in the mainstream gaming landscape with âOff The Grid,â This scalability has drawn major players, including Franklin Templeton, and Grayscale, to issue tokenized assets on Avalancheâs network, highlighting its credibility in supporting large-scale financial products. Furthermore, Avalancheâs recent collaboration with Securitize, a leading protocol in tokenized securities, to tokenize a portion of ParaFi Capitalâs $1.2 billion fund shows its growing influence in this space. Many enthusiasts view Trumpâs win as a positive development for Dogecoin, as it could bring increased media attention, especially given Elon Muskâs playful support of the coin and his proposed Department of Government Efficiency (DOGE). #DOGE #AVAX
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đŁ Solana (#SOL ) Price Nears Its Highest Level in 8 Months Solana (SOL) price is showing some promising signs, with the coin up almost 20% in the last week, but caution is required. While recent indicators reveal strong upward momentum, the sustainability of this trend remains in question. The current BBTrend suggests that SOLâs recent price surge may be influenced by broader market conditions rather than a standalone rally. đž SOL BBTrend Isnât That Big Yet The BBTrend indicator for SOL is currently at 2.53. Just days ago, it dropped close to -10, indicating extreme bearish pressure, before recovering slightly. This recovery suggests that some buying interest has returned. BBTrend, or Bollinger Band Trend, measures momentum in relation to the Bollinger Bands. When the value is positive, it indicates price strength, while negative values imply weakness. A BBTrend of 2.53 for Solana shows that it is starting to gain positive momentum after the previous decline. This shows that the recent pump could be the result of the overall market pumping and BTC reaching new all-time highs, as SOL BBTrend doesnât look that bullish. đž Solana Current Uptrend Is Very Strong The DMI chart for Solana (SOL) shows the ADX at 47.3, a significant increase from nearly 10 just a week ago. This sharp rise indicates that the strength of SOLâs trend has intensified considerably in a short period. The Average Directional Index (ADX) measures the strength of a trend, regardless of direction. An ADX below 20 usually implies a weak trend, while a value above 25 suggests a strong trend. With an ADX at 47.3, SOL is clearly in a powerful trend. Alongside this, the +DI (Directional Indicator) is at 37 and the -DI at 6.1, signaling that buying pressure is much stronger than selling pressure. Since SOL is in an uptrend, this combination highlights a strong and accelerating bullish move, indicating that buyers are firmly in control. #Solana
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âïž Bitcoin Price âParabolicâ Move Hinges on Key Weekly Close; Expert Says Analysts predict a parabolic rally if Bitcoin price secures a weekly close above $71,500, potentially targeting $100K. The crypto market witnessed an accelerated bullish momentum following Donald Trumpâs victory as the 47th President of the United States. With the Bitcoin price entering price discovery, crypto analysts highlight a potential âparabolicâ rally for BTC as it exits post-halving consolidation. By press time, the BTC price had traded at $76,153, with an intraday gain of 0.31%. According to Coingecko, the assetâs market cap surged to $1.5 Trillion, while the 24-hour trading volume wavers at $64.6 Billion. đž Bitcoin Price Poised for Parabolic Growth with Critical Weekly Close On November 6th, the crypto market experienced a strong wave of bullish momentum, fueled by Donald Trumpâs win in the U.S. presidential election. The renewed recovery pushed the Bitcoin price over 10% to hit a new all-time high of $76,990. Following the breakout, the spot BTC ETFs recorded a massive inflow of $1.376 billion on Thursday, indicating institutional investors are positioning themselves for further gains. In a recent tweet, analyst Rekt Captial highlights Bitcoinâs potential for a parabolic rally, as the current trajectory resembles previous post-having consolidation. In May 2020, the Bitcoin price prediction showcased a 161-day sideways trend before initiating a rally that peaked at $64,000 in April 2021. The crypto market today shows a BTC price breakout out of a +200-day accumulation. The prolonged consolidation has significantly reduced the cycleâs typical acceleration time, compressing it from 260 days to just 13 days. The analystâs chart highlights a weekly candle close above the $71,500 level could act as a catalyst to trigger a major bull run. #BTC #Bitcoin
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đ Cardano Price Up 33%, Expects $0.50 Break for Bullish Rally to $0.548 With the trend reversal rally, Cardano is moving towards the psychological $0.50 mark. It is currently trading at $0.426, with a 24-hour surge of almost 15%. With a market cap of $14.94 billion, it now ranks as the world's ninth-largest cryptocurrency, surpassing Tron. Will Cardano's surge in numbers cause the price to jump above the psychological $0.50 mark in November? #ADA #Cardano
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Ethereum(ETH) Drops Below 3,000 USDT with a Narrowed 3.68% Increase in 24 Hours
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Bitcoin Falls Below $76,000 as 24-Hour Gains Narrow
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Bitcoin(BTC) Drops Below 76,000 USDT with a Narrowed 0.14% Increase in 24 Hours
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Cardano Reclaims Top 10 Spot Amid Cryptocurrency Market Rally
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