Too many ada coin

How can cardano improve its price by these too many coins… Just why… Dose cardano have any plan for increase prices
Can any one tell doae these plans of cardano for increase ita price or its for something else?

1 Like

Hi Benjamin (@Benyamin1994), great to see you here, the price per coin depends on supply and demand, if more people want ADA the price goes up, if I understand your question correctly.

If you want more guidance then try posting in #trading my friend, hope this helps :metal:

Tanx nice to meet you here
I mean, there are a lot of coins that make it very difficult to make a price. For example, Bitcoin has 21 million coins, but Cardano has 45 billion currencies available.

1 Like

Hello. If you look on Coin Market Cap, ADA has a circulating supply of about 26 billion and its all time high was $1.33. XRP has a circulating supply of about 44 billion and its all time high was $3.84. I would say we have the potential for a price increase.



Put the price aside for a moment and compare, for instance, ADA and Bitcoin.
ADA and BTC are stacks of Lovelaces and Satoshis, these are the true units.

1 ADA = 1,000,000 Lovelaces / 1 BTC = 100,000,000 Satoshis

Hence, in term of coins in circulation, there are :
45,000,000,000 ADA (x 1,000,000) = 45,000,000,000,000,000 Lovelaces
21,000,000 BTC (x 100,000,000) = 2,100,000,000,000,000 Satoshis

After all, there is not so many Lovelaces more compare to Satoshis. As Cardano network is way faster than BTC network, it will need this amount of units to exchange to be viable.

1 Like

Just look at the current Total market size of bicoin ($178,504,000,000)
And bitcoin is the first rate of the market because of this size
If we divide the total volume of the Bitcoin market by the number of coins available in Cardano, it will eventually be 6 dollar

1 Like