Can Cardano really reach 20$+ near end of year? - page 11.

rodskee

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Quote from: moneyball on June 02, 2021, 09:47:28 AM

I don't think 20$ is posible this year but next year it could happen if the bullrun will start again!

What will be the reason for the next year having Bullrun again? why not happen now and needs to be next year?

and also there are no Halving coming next year because it is already done recently.

Quote from: manok jepang on June 03, 2021, 12:04:15 PM

In my opinion Cardano is an altcoin with great potential, until now the price is still stable and can survive in volatile market conditions, but Cardano is unlikely to reach $20 by the end of this year, because the value of cardano is still too low at the moment, cardano will take a long time to grow to $20,

That is impossible to happen now https://coinmarketcap.com/currencies/cardano/ can't even break 2$ so what more for another x10?

no this is not happening now.

RbiggerG

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Quote from: Farma on June 03, 2021, 10:30:04 AM

I still see it's a very difficult thing to achieve, even to reach the price of $10, it's still quite difficult for this year. maybe it will happen if a big pump happens, but based on the current situation, I also think that the high rise is around $3.

It seemed for a moment that Cardano could be ready for a serious bull run, but frankly speaking a tanking Bitcoin also crossed those plans. I think if Bitcoin were running still well Cardano could have benefited from that momentum a lot.

Dump3er

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Quote from: manok jepang on June 03, 2021, 12:04:15 PM

In my opinion Cardano is an altcoin with great potential, until now the price is still stable and can survive in volatile market conditions, but Cardano is unlikely to reach $20 by the end of this year, because the value of cardano is still too low at the moment, cardano will take a long time to grow to $20,

But how many coins did we talk about in this forum that had great potential? A lot of coins did we discuss and there are around 10,000 of them now. Cardano does have potential and good people involved so I hope they turn that potential into something tangible.

manok jepang

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In my opinion Cardano is an altcoin with great potential, until now the price is still stable and can survive in volatile market conditions, but Cardano is unlikely to reach $20 by the end of this year, because the value of cardano is still too low at the moment, cardano will take a long time to grow to $20,

Farma

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I still see it's a very difficult thing to achieve, even to reach the price of $10, it's still quite difficult for this year. maybe it will happen if a big pump happens, but based on the current situation, I also think that the high rise is around $3.

Gatorelf

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Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

I have it maxed out at $3 that would give it a market cap of $95B making it the third largest crypto right behind ETH. And thats assuming another Trillion dollars comes into the market which is currently at $1.73T

SaveOurSea

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Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

it's not impossible for Cardano, indeed Cardano's supply is very large and look at it! how much is the price for new all time high ADA now? above $2!,
yes, even though it's still decreasing now, ADA can still go against this current, it's just that if the price of Bitcoin goes down, of course the holder must be careful,
the future is a secret, of course we have to prepare ourselves if the price of ADA reaches $20

Renampun

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Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

currently, Cardano to $20 for me is a bit impossible...

with a current circulation of 45 billion tokens very little chance of Cardano to $ 20. but all altcoins price follow Bitcoin price, maybe when Bitcoin price reaches $200k or $500k then Cardano will be $ 20.

Fivestar4everMVP

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Well, just like the saying goes, nothing is really impossible as long as it concerns crypto, but somethings are harder to happen than others.
ADA reaching 20$ I would say it's possible but very difficult and will take a really lots of time, but then, 70 to 80 percent of this possibility falls on bitcoin, believe it or not, bitcoins still has a lot of control on the entire crypto market, and if bitcoin continues to rise and crypto market capitalization continues to expand, this will create more room for coins like ADA to grow far above what they are currently worth, but how long this will take is what I believe that only the future can tell.

moneyball

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I don't think 20$ is posible this year but next year it could happen if the bullrun will start again!

peter0425

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Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

There was even a thread that expecting Cardano to fall down 50 cents this year and you are asking about 20$?
that was now applicable for now mate.

that is over expectation and will only make you sad if not reached.

jorgesalcedo

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ADA's place in the top 5 in the general market is very solid. They have great technology and they were in 3rd place the previous day. At the moment, the possibility of $ 20 is impossible, but in the coming years, ADA will always be on top. It may meet its $20 target one day.

LUCKMCFLY

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I think that Cardano is slowly approaching a good bullish rally, so far many highs are falling due to the uncertainty of BTC but ADA is responding to these facts with + 2%:

Quote

Cardano (ADA) keeps trading sideways as neither bulls nor bears have seized the initiative. However, on the daily chart, the selling trading volume is going down, which means that bears are losing their power. In this case, one can expect a retest of the resistance at $1.87 soon.

Source: https://u.today/btc-eth-xrp-and-ada-price-analysis-for-june-1

I know that everyone hopes that at the end of the year it will reach a very good ADA price, if it continues with these answers it is very likely that it will, the bulls are giving everything they have to see the price of ADA at great price levels, in addition that the community that accompanies him is very large.

Ararbermas

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20$ seems too much mate for cardano before this year end and there's no way it will rocketed to that level in just a short period in my view, since market still down wherein unless if market becomes fully recovered within months and makes good improvements but not that high for ADA perhaps 5$ is reasonable price before year end in my opinion..

southerngentuk

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Quote from: monineklutak on May 26, 2021, 06:29:12 AM

Quote from: southerngentuk on May 25, 2021, 10:34:03 PM

As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

That is a very good idea because I don't think we should make excessive expectations,
therefore we have to be realistic in seeing things and I think that is a good thing,
but indeed in any cryptocurrency it can happen and is difficult to predict so just keep on monitoring its development

Yeah, I understand the point of it, and what it's doing, I don't think it deserves so much acclaim. To me, this coin is still among the coins with great potential for future growth, because as far as we know about it, the ecosystem they have until now is still a disappointment. Maybe in the future when they deploy more aggressively will attract more development projects, but not for now. Seriously, at the current price, I still think it's a high valuation for this coin.

affandi

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Quote from: btc78 on May 25, 2021, 10:15:27 PM

Quote from: affandi on May 25, 2021, 09:03:27 PM

Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

With this action in the last 7 days?

https://coinmarketcap.com/currencies/cardano/

I guess 10$ will not be easy as 123 to reach from the ADA supporters , there had been some growth and fall happening this whole week so basically this is an indication of hard growth in sooner time.

Mayne we can expect 5$ if Bitcoin break 100k this whole year but 20$? impossible for 2021.

yes I know there have been a lot of FUD storms this week and to reach the price of $10 is not easy especially within one year, I have said above there must be various aspects that must be achieved such as volume, Marketcap, and bitcoin price

TeQuiero

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I'm generally not a fan of Cardano but seeing its performance in the last few months makes me change my mind a little bit. I believe Cardano will be no.2 blockchain after Ethereum when mainnet and smart contract released but $20+ price tag at the end of this year is unlikely, especially when bitcoin is unstable. Let's see bitcoin's movements in the next couple of months before giving any prediction.

FairUser

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I'm glad that many people can think so positively, I personally like facts and not illusions. The price at which I predict ADA will end this year will not exceed $5. No need to analyze too much about it, because it's just a personal guess but very realistic

monineklutak

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Quote from: southerngentuk on May 25, 2021, 10:34:03 PM

As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

That is a very good idea because I don't think we should make excessive expectations,
therefore we have to be realistic in seeing things and I think that is a good thing,
but indeed in any cryptocurrency it can happen and is difficult to predict so just keep on monitoring its development

husnija

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Quote from: electronicash on May 26, 2021, 12:21:26 AM

until there is no smartcontract for this coin, it may not really go up to $10, they do have the plan to release an update for alonzo which the smart contract will already be ready. by the time of release i might just be buying some ADA, it will spike a bit after the release and then the market will decide which way it may go. if most investors are disappointed, the drawback will make the price crash.

it makes sense to come close $10, indeed many people are favorites ADA but we're talking in the near future and it's perfectly reasonable if smartcontract available
the project has never been a disappointment so far

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