Speculating on coin prices is great fun, with everyone from Michael Saylor to the cab driver playing the game of predicting where crypto prices can go, usually the sky’s the limit but there are real-world constraints.
Deflationary tokens like Cardano have different rules governing them than unlimited supply tokens such as Ethereum. The Cardano price and its market cap are intrinsically linked, while the same cannot be said for Ethereum. Today we will discuss the in’s and out’s of both crypto’s and why they are both tipped for huge success in the future!
Ethereum (ETH): Ethereum market cap sets the bar for altcoins
Calling Ethereum an altcoin is a bit of a misnomer, as it is as ‘establishment’ as it can get. Ethereum’s market cap sits just short of half a trillion dollars, almost $330 billion ahead of nearest rival XRP. Ethereum, though, is not a deflationary token like Bitcoin and Cardano. This means that as more tokens enter the market, supply will go up, and prices will go down. This is one of the reasons deflationary tokens like Cardano and Solana and several smaller tokens like Remittix have limited supplies: the deflationary nature of the token keeps the price going upwards.
While it is mathematically possible that the Ethereum price can go to zero while its market cap remains unchained, the reality is that it is not likely to happen. What is worth keeping in mind is that in tokens like Ethereum, there is no causal link between market cap and token price.
Cardano (ADA): Cardano price impacts market cap.
Cardano has the inverse property. Assuming the supply-and-demand balance stays the same, the market cap and Cardano price are intrinsically linked. A 50% increase in the Cardano price will result in a 50% increase in market cap. It’s an interesting exercise to explore what the Cardano price will be if it flips Ethereum’s
Eth’s market cap is $475 billion. Cardano’s is $37.7 billion. This means Ethereum’s market cap is larger by a factor of about 437. If we multiply the current Cardano price of $1.07 by 437, then the Cardano price will be around $468.
The math is simple and the principles are easy, but reality and principles are not always the same thing. Supply and demand can send the Cardano price (or any other token price) up or down and invalidate the sums, but it’s still fun to speculate and dream big!
Does market cap matter? Only if growth is not your goal
Investors want growth and the problem with large-cap tokens like Cardano and Ethereum is they have pretty maxed out their profit potential. This is why smaller tokens like Remittix are such great options for investors. Remittix is still in the presale phase and priced at a mere $0.015.
When one considers Remittix’s use case of enabling fiat payments using crypto, the possibility of growth for Remittix is massive. Imagine near-instant payments directly deposited in the fiat currency of the recipient’s choice, all without the cost associated with fiat payments. This innovative project has set Remittix apart from its contenders as it offers real world solutions to real world problems.
Being the world’s first crypto to FIAT cross-border payment provider, Remittix is building the necessary foundations to become a huge crypto over the coming years with many suspecting it could be purchased by a world leading financial institution once the presale has completed. With this being said investors are expecting huge returns over the coming months with many tipping it to be the next 100x opportunity in crypto since Bitcoin!
Remittix is available directly from their website.
Discover the Exciting Opportunities of the Remittix (RTX) Presale Today!
Website: https://app.remittix.io/
Socials: https://linktr.ee/remittix
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