This article highlights the price Cardano (ADA) could trade at if its market cap rises to the same level as that of American electric car company Tesla.
Cardano (ADA) is having a fantastic weekend, with its price skyrocketing 7.14% over the past 24 hours, according to data from CoinMarketCap. At press time, Cardano ranks as the second-best performing token among the top 10 cryptocurrencies by market cap, trailing XRP, which boasts a daily gain of 15.4%.
At the current price of $0.4253, Cardano is up 20.03% over the past seven days. Cardano’s market cap has witnessed a similar increase in the same timeframe. The token, which is ranked as the 10th-biggest, boasts a market cap of $15.25 billion.
Cardano’s Price if it Reaches Tesla Market Cap
Following Cardano’s impressive surge, investors have set ambitious targets for it. Speculations revolve around the token’s potential price if it reaches Tesla’s market cap.
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