Cardano

Cryptocurrency

Solana

Shiba Inu

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 <p class="paragraph">Crypto <a rel="noopener noreferrer nofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a>rs often do not pay enough attention to how the supply of cryptocurrencies can increase and inflate. Understanding this can give investors an edge in the cryptocurrency <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a>.</p>
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 <p class="paragraph">With this in mind, Finbold examined the economics and supply aspects of Cardano (ADA) in a new way. Data from leading market indexes can show what happens when Cardano’s supply goes up. In this analysis, we can forecast Cardano’s price if it reaches its highest market value again.</p>
 <p class="paragraph">When a crypto asset has a growing supply, it needs more buyers to keep its price stable. The relationship between demand and an increasing supply decides if a crypto’s price will go up or down. Each crypto, like ADA, has its own set of supply rules, often called tokenomics.</p>
 <p class="paragraph">Cardano had an all-time high market cap of $101.167 billion on September 2, 2021, according to <em>TradingView</em>’s CRYPTOCAP index. Meanwhile, the token traded for as high as $3.10 on the same day, as registered by <em>CoinMarketCap</em>. An inverse calculation suggests a circulating supply of around 32.63 billion ADA at that time.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="662" src="https://cdn.thebittimes.com/images/2023/11/25/6fef81139c85194da6b3581e818fc9f7.webp" alt="CRYPTOCAP – ADA daily market capitalization. " class="wp-image-139476" srcset="https://cdn.thebittimes.com/images/2023/11/25/6fef81139c85194da6b3581e818fc9f7.webp 1024w, https://cdn.thebittimes.com/images/2023/11/25/6fef81139c85194da6b3581e818fc9f7.webp 300w, https://cdn.thebittimes.com/images/2023/11/25/6fef81139c85194da6b3581e818fc9f7.webp 768w, https://cdn.thebittimes.com/images/2023/11/25/6fef81139c85194da6b3581e818fc9f7.webp 1536w, https://cdn.thebittimes.com/images/2023/11/25/6fef81139c85194da6b3581e818fc9f7.webp 1875w" sizes="(max-width: 1024px) 100vw, 1024px">
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   CRYPTOCAP – ADA daily market capitalization. Source: <em>TradingView</em>
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 <h2 class="wp-block-heading" id="h-cardano-supply-inflation-and-its-economic-effects"><strong>Cardano supply inflation and its economic effects</strong></h2>
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       <h3 class="font-bold leading-6 " id="shib-would-trade-at-this-price-if-shiba-inu-hits-its-all-time-high-market-cap">SHIB would trade at this price if Shiba Inu hits its all-time high market cap</h3>
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       <h3 class="font-bold leading-6 " id="is-it-too-late-to-invest-in-cardano">Is it too late to invest in Cardano?</h3>
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       <h3 class="font-bold leading-6 " id="sol-would-trade-at-this-price-if-solana-hits-its-all-time-high-market-cap">SOL would trade at this price if Solana hits its all-time high market cap</h3>
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       <h3 class="font-bold leading-6 " id="1-out-of-3-cardano-holders-are-in-profit">1 out of 3 Cardano holders are in profit</h3>
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 <p class="paragraph">Let’s explore ADA’s supply inflation and its economic implications. As of this writing, Cardano has a circulating supply of 35.29 billion ADA. This results in a supply inflation of 2.66 billion ADA (8.15%) in two years, or around 4% a year.</p>
 <figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="564" height="212" src="https://cdn.thebittimes.com/images/2023/11/25/8375b48e7da36bfae2ac61aba9b336c2.webp" alt="Cardano supply. Source: CoinMarketCap" class="wp-image-139477" srcset="https://cdn.thebittimes.com/images/2023/11/25/8375b48e7da36bfae2ac61aba9b336c2.webp 564w, https://cdn.thebittimes.com/images/2023/11/25/8375b48e7da36bfae2ac61aba9b336c2.webp 300w" sizes="(max-width: 564px) 100vw, 564px">
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   Cardano supply. Source: <em>CoinMarketCap</em>
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 <p class="paragraph">The <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> projection also shows the massive economic effects of this inflation. In case the Ethereum competitor reaches its highest speculative demand of $101.167 billion <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> cap, ADA would <a rel="noopener noreferrer nofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a> at a proportionally lower <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> than the corresponding all<a rel="noopener noreferrer nofollow" title="-time" href="https://thebittimes.com/tag/time.html">-time</a> high.</p>
 <p class="paragraph">Considering the circulating supply on November 24, Cardano would be priced at $2.86 per token at its highest capitalization. Interestingly, a loss of $0.24 (7.74%) from the previous price of $3.10 in 2021.</p>
 <p class="paragraph">However, this still indicates a potential 630% increase from the current price of $0.39 by press time.</p>
 <p class="paragraph">It is important to understand that the forecast requires the same demand as 2021 for Cardano. In this context, there are no guarantees that this demand will ever be seen again. On the other hand, it is also possible that a higher demand surges in the following years.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ada-would-trade-at-this-price-if-cardano-hits-its-all-time-high-market-cap-tbt71535.html">https://thebittimes.com/ada-would-trade-at-this-price-if-cardano-hits-its-all-time-high-market-cap-tbt71535.html</a></p>

ADA would trade at this price if Cardano hits its all-time high market cap

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