Cardano (ADA) investors would need to hold 100,000 tokens to achieve a $1 million valuation if the price reaches $10, according to The Crypto Basic. Currently priced at $0.6403, acquiring this amount of ADA would cost approximately $64,030. For ADA to hit the $10 mark, it would require a 1,461% increase, potentially raising its market cap to $358.6 billion.
Analysts, including Dan Gambardello and Ssebi, highlight factors such as institutional adoption and Bitcoin DeFi on Cardano as potential catalysts for such a price surge. Despite these prospects, there is no certainty that ADA will reach the $10 target in the near future.
Cardano Investors Eye $1 Million with 100,000 ADA at $10
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