Is it possible for CRO to reach $1000?
While CRO is unlikely to reach $1000, a target price of $500 is also impossible. At $500, the targetted Market Cap would be the same size as China’s GDP, and the time frame at 50% growth would be 22 years which is quite far-fetched, and lastly, it is unrealistic to expect CRO to rise 6000 times despite the weak use cases.
What is the market cap of Cro?
To reach a price level of $1000, CRO needs to grow by 12000 times from the price in January 2023. This is not a realistic expectation. Further, at 1000, the Market Cap of CRO would be $25 Trillion which is more than the current GDP of the United States.
What is a realistic price target for Cro if bitcoin hits $500K?
At $1,000,000 per BTC and CRO at $100 per BTC would still equate CRO as the #3 coin by market cap at current trends. My realistic target for CRO if Bitcoin hits $500k is about ~$400 billion market cap for the #6 or #7 coin. This would approximate to about $15 per CRO and that's my (mega) price target for the long term.
Will the crypto market rise if cro hits $100?
The entire market will rise yes, but to keep on pace with CRO hitting $100 dollars is a 1000x. Not going to happen. That would put the entire crypto market cap at 1700T... the highest asset in the world is gold at only 11T. Wrong. Sorry but I dont think you understand.