When can Cardano break through $10, $50 and $100 if ADA grows 5% per month? Here is the answer

If Cardano (ADA) maintains a consistent growth of 5% per month, it could break through the $10, $50, and $100 price milestones within a decade.
Cardano recently surpassed XRP as the worst performing asset among the top ten assets. Last week, the price of ADA bottomed out at $0.3666, down 54.57% from its yearly high of $0.807 in March.
It’s worth noting that the setbacks suffered by ADA are not isolated cases. The overall market sentiment has been low, and ADA is just one of the worst affected.
Despite this, Cardano bulls have not given up on ADA yet. Despite its poor performance, market observers continue to expect double-digit price prospects for Cardano. This assessment considers scenarios where ADA reaches unprecedented price thresholds of $10, $50, and $100 through sustained growth of 5% per month.
Cardano grows 5% per month
Currently, ADA is trading at $0.3856. By multiplying the base price by 1.05, the potential value after a 5% increase can be calculated. Therefore, the growth of 5% in the next month will bring the price of Cardano back to $0.40488.
In case of continued growth of 5%, ADA might revisit the 0.5 zone by the sixth month and trade at $0.5167. Meanwhile, it would take Cardano about 20 months to reach the $1 threshold at this rate of growth.
To expedite the time required to reach $10 with a 5% monthly growth, an exponential growth formula is used. Crypto Basic uses OpenAI's ChatGPT for calculations.
Cardano timeline to $10 with monthly growth of 5%
According to ChatGPT calculations based on exponential growth, if Cardano’s ADA maintains a steady growth of 5% per month, it will take about 67 months to reach $10. This would put ADA at $10 around 2030.
Notably, analysts at prediction platform Telegaon believe that ADA could reach $10 within six years. In contrast, cryptocurrency enthusiasts are more optimistic that ADA will reach $10 within the next year. Achieving this goal would require a staggering growth rate of 2493.36% between now and 2025.
However, if ADA can maintain its monthly growth rate of 30%, it is likely to reach the $10 target within the next year.
When will ADA reach $50 and $100 with 5% monthly growth?
ChatGPT’s calculations also show that if ADA maintains a growth of 5% per month, it could take about 100 months to reach $50, which would put the timeline around 2032. In contrast, analysts at Telegaon believe that ADA’s maximum potential is $45, which will not be achieved even before 2050.
ChatGPT’s calculations also show that if ADA maintains a growth of 5% per month, it could take about 114 months or about 9.5 years to reach its ambitious $100 target. This would put the timeline around 2033. If ADA reaches $100, its market cap would theoretically increase to about $4.5 trillion.
Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed in this article may contain the personal opinions of the author and do not necessarily reflect the views of The Crypto Basic. Readers are encouraged to perform thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.