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?

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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.

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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.

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Hello,

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.

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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

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I invest in ADA because I am pretty sure that Cardano will be the Number One Blockchain of the world, not very far from now.

Max supply is 45,000,000,000 ADA
There are more or less 8,000,000,000 people living on earth, so that would be on average more or less 6 ADA per person.

In 2019 there were 19.61 million US dollar millionaires worldwide. Together they had assets of around 74 trillion US dollars (74,000,000,000,000 USD).
If you divide 45,000,000,000 ADA in 19 million, every millionaire would keep on average more or less 2,400.00 ADA.
These millionaires could afford to buy many ADA, even if 1 ADA would be worth 50 USD.
(If 1 ADA would be worth 50 USD all ADA of max supply together would make only 3% of the assets of all millionaires worldwide.)

But I assume that the distribution of ADA in the future will be much wider than just over 19,000,000 holders. So the value will certainly increase.

With thousands of applications and millions of users, the offer of 45,000,000,000 will be rather small.
If Cardano is the best block chain network, it will prevail against all others and in the future it will have a position like Google has now among the search engines.
The demand for ADA will be enormous and the supply relatively small. The value will increase.

I think 1 ADA = 10 USD in 5 years is quite realistic.

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Scarcity my friend is our friend :vulcan_salute:

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