What you need to know about bank failures, Italy sets terms for Whirlpool's sale of European unit to Arcelik, Norwegian Cruise lifts annual profit forecast on price hikes, steady demand, UPDATE 1-Russia says it targeted Ukraine military targets overnight. Do not reproduce without permission. Most crypto-related websites and online experts consider Ethereum classic a good cryptocurrency in terms of price and investment. It does, however, provide the easiest access to DeFi platforms through a chrome extension and mobile app. From these comparisons alone, we can see that it would be extremely difficult for Cardano to reach $100. You have been told 11 16 16 comments Best Add a Comment lyner10 5 yr. ago What makes you say that? What about Bitcoin and Stocks: The returns from the apex cryptocurrency pale in comparison to ETH, as Bitcoin appreciated 5,295.16% in the same period. Tuur Demeester: ~$49. When it came to $ETC, the market cap was notably 210,700,000 coins. In the past, Tony has founded several media websites and his content has been read billions of times. For more insights and education from Tony, check out his free TonyTradesBTC Telegram channel. Follow @TonyTheBullBTC on Twitter. The market cap is $3.5 billion. Later on, it reached an all-time high of $3.10 in September 2021. The value of 1 Cardano could range between$10.32 and $12.88within next 8 to 10 years. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Five years Can Ethereum Classic (ETC) Reach $1,000? How much will Cardano be worth in 10 years? Cardano is one of the most popular cryptocurrencies out there. Ethereal Highs: Assuming an investor purchased $1,000 worth of ETH on Dec.23, 2015, they would have picked up 1162.79 units priced at $0.86 approximately. If we take Cardanos all-time high as the benchmark, we can see that the ADA price would have to increase by about 7.6x from its current price to reach its all-time high again. By continuing to use this website you are giving consent to cookies being used. Ethereum Classic is affordable for beginners and also is familiar with its very own breakout from Ethereum. If you are a long-term trader, only then should you directly buy ETC tokens and keep them until you need them. The CEO of Digital Currency Group (Coindesks parent company), Barry Silbert, and the creator of Cardano and co-founder of Ethereum, Charles Hoskinson, were the two early minds who invested in Ethereum Classic after the initial split. Then add the amount of money you want to buy for ETC and read the possible outcome of the amount of ETC. This Ethereum Classic price prediction looks into the project details and the possible prices based on the roadmap. WebThe short answer is YES, Ethereum can reach $10,000 easily in the next few months or year. Even for the earliest of ETH investors, the cryptocurrency has unleashed a bonanza returning 21,971.12%. Tony provides completely original content driven by exclusive, independent research. The target price is nearly seven times the current level. 2023 Benzinga.com. Thus, considering its 1.42 times growth in one month, we can say that the FLR token will require nearly 20.71 months (less than 2 years) to reach a price level of $1. Check the link below to buy ADA on BTCC with simple steps and extremely low fees. The video noted that $ETC or Ethereum Classic is similar to $BTH wherein both of them derive their value usually from Bitcoin and Ethereum. On the equities side, investors in Tesla Inc (NASDAQ: TSLA), Amazon.com, Inc (NASDAQ: AMZN), and Apple Inc (NASDAQ: AAPL) would have enjoyed returns of 1,278.85%, 2450.02%, and 391.72%, respectively. A global team of coders gave rise to an open-source blockchain project, Ethereum Classic. Despite the cryptocurrency currently dipping, the video states that "without a doubt" the price of $ETC will go up to $100 by the end of the month. This does not mean that there isnt money to be made. As stated before, narrative and momentum do most of the heavy lifting during bull runs. Once you have your Ethereum Classic in your possession you can buy more, sell or swap whenever you want. If you want to invest in a cryptocurrency, you need to invest using an exchange that meets your requirements, such as its user-friendly nature, price structure and fees, customer support service, feedback, and easy payment methods, along with its good reputation in the crypto market and if it is licensed or not. If such a scenario occurs, the ETC price prediction This is an SEC regulation called know your customer (KYC), and youll need to input your name, SSN and driver's license. However, that doesnt mean that Cardano doesnt have potential to increase in price. Detailed Analysis. securely through Robinhood Crypto's website, securely through Ledger Hardware Wallet's website, Trade, Sell or Convert your Ethereum Classic, Do Not Sell My Personal Data/Privacy Policy. If you already have an account on the exchange, log in. On Tuesday, Grayscale Ethereum Trust(OTC: ETHE) closed 7.64% higher at $23.40 and Grayscale Bitcoin Trust(OTC: GBTC) closed 1.43% lower at $30.39. The question is, will it go any further or will it go back down? Lets move on to our Cardanoprice predictionfor 2023 and beyond. Then how high can Cardanorealistically go? Crypto assets, like any financial assets, are driven by market dynamics such as supply and demand. While this is not a solid indication of a cryptocurrency's increase, this still gives a significant piece of data that could support or refute your predictions. We can estimate that ETC can have a maximum price of $45 and a minimum price of $22 at the end of 2022, while the average price can be $30. Now, if you want to trade Ethereum Classic as a second income, you should prefer using a broker because you are buying or selling financial instruments, and that would be more accessible and reasonable with fewer complications while holding ETC tokens. Ethereum Classic (ETC) is a good investment as it tries to keep the Ethereum blockchain similar to before and with no active counteracting of DAO breach. LunaClassic Price Prediction: Will Luna Classic Reach $1? WebFurthermore, after its launch, FLR reached its highest price of $0.05 in January 2023, growing by nearly 1.42 times in less than one month (i.e., from the lowest price of $0.035). As an investor I can foreswear a $1,000 upside because Im expecting a continuation of the crypto crash and Im expecting levels around $1,000 before long. Note: The analyst has since deleted their below tweet on the subject: https://twitter.com/macnbtc/status/1199228523191382016?s=21. The minimum price level can be $95, with an average trading price of $105. This could provide the foundation for the widespread adoption of Cardano, which would contribute to an increase in demand for ADA, and consequently boost its price. The Ledger Nano S is one of the most trusted hardware wallets in the business. From a fundamental perspective, Ethereum Classic currently lacks a practical use case that the market could truly care about in 2021. However, at the moment, it seems that it could take months or even years before we see Cardano retesting its previous ATH. Terra Classic (LUNC) Price Prediction 2023,2025,2030 Will LUNC Reach $1? Their primary and main focus is immutability, commonly known as code is the law. Ethereum Classic is a decentralized computing system that runs a large variety of applications on it, just like Ethereum. Want to jump straight to the answer? The maximum price this year can be $76, and the minimum price can be $60, with an average trading price of $70. So, will Cardano hit $100at some point in the future? For a head to head analysis, check out Ethereum vs Ethereum Classic. Ethereum (ETH) is the second-largest cryptocurrency after Bitcoin (BTC) in terms of market capitalization. Pi Coin Price Prediction: Will Pi Ever Be Worth Money? Will Cardano reach $100:A price level of $100would require a market cap of$3.5trillionfor Cardano, which is completely unrealistic. Since Cardano is a platform for smart contracts, its probably best to compare it to Ethereum, the current leader in this sector. Though ADA coin saw an extreme drop in its value during the bear market of 2022, it is believed that Cardano will see a much wider usage in the near future with continuous developmental upgrades, leading to a promising future for Cardano. In order to reach a price of $10,000 per Ether coin, the cryptocurrency has to double the peak prices seen in November. One way to do this is to go to LunarCrush which not only gives the value of the cryptocurrencies but also the volume of engagements and mentions that it has. At $100, Cardanos $3.5 trillion market capitalization would also be larger than any company in the world as of April 2023. Should the asset not reach that price however, you will never get filled. Terra Luna Classic Burn: Is it Becoming a Community-Driven Project? This assumption was given on May 5 when the video was released and the price had already peaked at a whopping $179 price point! You can buy Ethereum Classic on Robinhood! If Cardanos future upgrades can be implemented as expected, Cardano will become a formidable blockchain that will support widely used decentralized applications while keeping transactions fast and fees low. Benzinga does not provide investment advice. Will Pi Network Ever Launch? However, it has proved itself resistant to censorship and all the difficulties and maintained the vision of unstoppable applications. Ledger has over 2 million users, and supports 1800+ coins and tokens. On the other hand, Ethereum Classic (ETC) is still developed by a small group of open source developers. Warren Buffett 'Alright' with Vice Chairman Saying He's 'Disgusted' With Cryptocurrency Success, Elon Musk Reacts to the Theory that 'Crypto Uses too much Energy' With Explanation of Hypocrisy, China's Algorithm-Based Tech Could Evade US Hypersonic Defenses! Fast-forward just three-years to Jan. 13, 2018, when ETH hit its all-time high of 1,432.88 and that $1000 investment would have turned into $1.67 million. Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The Ethereum Classic price is currently $26.04, with a trading volume of more than $452 million. To stay up to date with current cryptocurrency prices, checkout the table below. Since the Ethereum Classic fork was built to resolve a community conflict, it had no single creator. The cryptocurrency has a bottom-up flow structure which means that the decision power lies with the node operators rather than the ruling governing body. Given that Cardano has much less adoption than Ethereum, it would be difficult for it just to match Ethereums market capitalization, let alone exceed it by a factor of 6. And as news of young investors turned millionaires made the airwaves, retail investors sought out to find the next Bitcoin in hopes of striking it rich. Trading onBTCCbegins withregistrationand log in, which only takes 30 seconds. Other exchanges for buying ADA includeBinanceand Coinbase. Once verified, you can starttrading ADAnow. The Ethereum blockchain has the largest network, with over 3,000 decentralized applications and solutions. While these 2 chains were identical at one point, they look somewhat different 5 years after the fork. 570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Basically, Bitcoin has a coin market cap of 21 billion bitcoins. Arbitrum (ARB) Price Prediction 2023, 2025, 2030. Tony longs for the day when money is separated from the state. When doing fundamental analysis on the cryptocurrency, the lack of data makes prediction hard since the only notable movement was the recent massive spike. It has been a long-standing member of the crypto top 10, and boasts a dedicated community of users and investors. If youd prefer to store your crypto on an anonymous wallet, then you should use metamask or invest in a Ledger Nano for the most security. Because there is little demand for Ethereum, one crypto analyst believes that Ethereum will never again reach prices near or above $1,000 per ETH, even if Bitcoin reaches $50,000 per BTC. If you prefer the simplicity of a centralized system, Coinbase wallet has automatic support for the ETC network, and provides access to a bunch of CeFi tools as well. $1,000 would have bought approximately2.29 bitcoins on Dec 23, 2015, which would be worth nearly $52,956 as of press-time. On the other hand, the minimum price for ETC is expected to be $290, while the likely average price could be $330. Ethereum Classics goal is to preserve the original Ethereum chain, whereas Ethereum has been working on major upgrades. Cardano would need to increase in price by 245x from its current price to reach $100, an extremely difficult feat for an asset that already has a market cap of $14.2 billion. The market movement may affect the price movement; however, being one of the pioneers ETC is likely to stay stable. Add your basic information, such as your name, phone number, email address, and password. Ethereum Classic is the original blockchain of Ethereum that was mostly abandoned after the controversial hard fork returned the stolen funds. Many altcoins outside of the top ten cryptocurrencies by market cap are down as much as 99% from their all-time high prices prices that are likely never to be seen again. Play Now! Hardware wallets are the safest way to securely store digital assets, as they keep your information on a separate device that's stored offline. Will Ethereum go to $1,000? What Stage is Pi Network Now? Check their pros and cons in your area and choose one according to your cost and convenience. Creating an account is simple, but youll need to verify your identity before getting access to the market. The theory that Ethereum Classic could go all the way up to $1,000 comes from a Twitter account that shared a video with an explanation of the theory. The worlds longest-running cryptocurrency exchange since 2011 2011-2023 BTCC.com. 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