All good, but let's be realistic. #ENA
Can ENA reach €10 or €50?
Nominal value and market capitalization
For ENA to reach prices like €10, its market capitalization would need to grow exponentially, possibly surpassing that of larger portfolios. As of today, providing an accurate estimate without data on total supply, circulation, and demand projections is very speculative.
Ecosystem and utility
Cryptos that have surpassed those ranges, like SOL, have done so due to their strong ecosystem (decentralized applications, DeFi, NFTs, etc.) and mass adoption. ENA would need similar structural growth (perhaps years of development, partnerships, and adoption) to even approach €10.
Speculative risks.
Very high prices, especially in altcoins with low liquidity or modest market size, are often driven by speculation. This can lead to dramatic movements, but also abrupt corrections.
