The return on investing $1,000 for every $100 in Cardano value

Investing $1,000 in Cardano today would earn a staggering ROI of 21,368%, assuming the ADA price reaches $100.

Other cryptocurrencies have been on a notable rally over the past 24 hours, outperforming Bitcoin, which has remained stable around $68,000. Recently, Cardano’s price has not joined the rally, with ADA rising by just 1.5% and currently valued at $0.4658.

At the same time, there is a lot of enthusiasm about Cardano’s potential in the current bull run, and expectations are set very high. It is worth noting that during the last bull run, ADA’s value soared to $3.10, an increase of 37,71% in one year.

Analysts believe the market could see a similar trend again. Notably, the price of ADA is currently 85% below its 2021 high. However, there is speculation that it could surpass previous highs and even reach double-digit prices.

In this case, individuals who invest in ADA with a small amount of money today can expect to reap significant profits from Cardano’s potential growth.

For example, with $1,000 one can purchase a Cardano portfolio consisting of 2,147 ADA tokens. This small investment could swell to $21,470 if Cardano reaches $10. Leading analysts believe that ADA reaching $10 is a realistic goal that could be achieved this year or by 2025.

If Cardano hits $100, the value of 2,147 ADA tokens would rise from $1,000 to an expensive $214,684. This growth equates to a profit of $213,684 or a return on investment of 21,368%.

However, the ambitious nature of this goal raises questions about the feasibility of whether ADA can achieve it.

When Will Cardano Reach $100?

Analysts at Changelly Exchange predict that Cardano could reach its $100 target by 2040, perhaps as early as January or February of that year. They further solidified this prediction by proposing a minimum price target of $111.21 for Cardano in February 2040, 16 years from now.

Google Bard (now Gemini) said that for Cardano to reach $100, it will require technological breakthroughs, widespread adoption, and financial transformation. However, the AI chatbot warned that a market cap of $3.5 trillion makes the $100 target unlikely to be achieved in the short term.

Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed in this article may contain the author’s personal opinions and do not reflect the opinions of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.