Will Powerledger hit 100?

Will Power Ledger hit 100? Analysis

To reach $100, POWR will need to rise 324x. At $100, the target market cap will be approximately $51.24 billion. If POWR were to rise at the pace of 25%, it will take approximately 26 years to reach $100.

Let us evaluate this data

• Quality of Investment– Moderate
• Time and Growth required to reach $100– Not Feasible
• Market Cap at $100– Feasible

Theoretically, it is quite feasible as Powerledger operates in a niche domain expected to rise over the next 10-25 years. That said, numerous non-blockchain competitors will continue to be strong in the future.

BNB’s Market Cap today is about $45 Billion. BNB took 3.5 years to move from a $300 M Market Cap to about $50 B Market between 2017 and 2021. Can Powerledger do it?

Therefore, as things stand today, we don’t see Powerledger Hitting $100. Things could change as the company unleashes more use cases.

Note: Please consult a registered investment advisor to guide you on your financial decisions.