Relative to Bitcoin, from a total supply standpoint,
$2.70 would be price parity for Cardano
with BTC trading at $5,800.00.
Cardano is only a 100x candidate.
Of course, in order to accept that relative comparison,
you’ve got to believe that Cardano is just as good as BTC.
And if you think it is even better than BTC?
This Charles Hoskinson IOHK project introducing the world’s “first proof of stake protocol that has mathematically been shown to be provably secure”, aka Ouroboros, is the most “conservative” member of my big 4, quite ironically since it is a very recent upstart, but that also gives it a state-of-the-art foundation, so not all bad simply because it’s new. 😃
You can only imagine how much I think ADA is worth.
This is one that could easily trade above fair value. 😎
Here’s a couple of nice jumping on points:
https://iohk.io/blog/why-we-are-building-cardano/
https://iohk.io/projects/cardano/
https://www.cardanohub.org/
Please leave your comments, input, questions, etc., below!