Can Cardano really reach 20$+ near end of year? - page 14.

Cryptoblivion

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I think reasons for ADA to go beyond 5 dollars are given right now:

1. gained the trust of institutional investors (Saudi Fonds, PIF)
2. creates use cases (digital ethiopia 2025)
3. has an environmentally friendlier system of creating blocks (PoS)
4. is trustworthy due to its academic intentions and core team
5. does not rely on famous influencers, nor is it affected by the overall market trend as much as other altcoins

Still imho not a candidate for reaching more than 10 dollars by the end of this year. Grin

Clement Kaliyar

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Quote from: 7788bitcoin on May 15, 2021, 04:37:12 PM

If Dogecoin and the rest of the meme coins can rally and some even rallied over 1000% then why not people speculate about Cardano rallying to $20 and it is not a huge task if the investors who pumped Doge and some of the other shit coins wanted to pump this one too.

If you check the market even Cardano had a good rally in the past few months along with the rest of the market and then for it to reach another milestone in this rally is a big optimistic approach. If there is any secret development that could propel the price then i would like to hear as well Wink

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Not doubting the hype behind the project and a community behind the project but it is an impossible target in this rally.

7788bitcoin

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Quote from: rodskee on May 15, 2021, 05:49:54 AM

is this for real mate? 20$? Cardano even reach the ATH today with 2.18$ value and you are expecting another 10 folds from that?
I hate this idea of being greedy mate, because we can at least be contented here ..
I am holding Cardano and still holding more now but i will never ask for that so much.

If Dogecoin and the rest of the meme coins can rally and some even rallied over 1000% then why not people speculate about Cardano rallying to $20 and it is not a huge task if the investors who pumped Doge and some of the other shit coins wanted to pump this one too.

PS: I am not holding any Cardano nor i am planning to invest in it Tongue

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Digital_Lord

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20$ is very hard for Cardano in this year. If it keeps growing as today It may be reach maximum 10$ in the last of this year.

RbiggerG

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Quote from: hugeblack on May 15, 2021, 12:02:18 PM

I would like to correct my guess: I have held ADA for about a year and I did not expect the price to rise to the barrier of 2 dollars, I was planning to sell it for 2.5 dollars by the end of this season, but it seems that the price is likely to rise, especially if Tesla adopts it.
So if Tesla identifies it, I think that we will get 10 dollars as a maximum, otherwise, 5 dollars is an exaggerated barrier.

Did Tesla mention Cardano specifically? I missed that then. 10 dollars puts Cardano very close to Ethereum, all things equal (of course not if Ethereum keeps going up). What is the current situation for Cardano and who uses the blockchain? What are the most prominent use cases as of now?

geegaw

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Quote from: Mahdirakib on May 15, 2021, 09:50:57 AM

Cardano has so much potential to increase in price but don't be too optimistic that it will reach $20. All those speculations has no base. People also speculate same way for other coins, our imagination is always high. I was thinking that ADA will reach upto $2-$5 within this year. Recently it has reached above $2 and I'm still thinking in the same way. ADA may reach upto $5, not higher than it.

Well, a year with only a few big enough news to affect the value, such potential is not as amazing as many other projects and the price increase in recent days is only due to the buying demand is enough and need to establish a sell demand with good profit and the implementation of some new strategic directions. However, these factors will not be considered and help the value of Carnado to be stable in the long run, a few days of price increases are enough to reduce selling demand, continue to rise requires stronger strategies to hit customer trust but people are in a state of anxiety, bitcoin is not too supportive of Cardano right now

azhariejaya

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It seems still difficult to reach the price of 20 $ at the end of the year, but everything can happen in cryptocurrency. Coins that used to be just a joke can hit fantastic prices in a short time. From the past, cryptocurrency price predictions have always seemed impossible, and it’s impossible to come true over time.

hugeblack

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I would like to correct my guess: I have held ADA for about a year and I did not expect the price to rise to the barrier of 2 dollars, I was planning to sell it for 2.5 dollars by the end of this season, but it seems that the price is likely to rise, especially if Tesla adopts it.
So if Tesla identifies it, I think that we will get 10 dollars as a maximum, otherwise, 5 dollars is an exaggerated barrier.

Mahdirakib

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Cardano has so much potential to increase in price but don't be too optimistic that it will reach $20. All those speculations has no base. People also speculate same way for other coins, our imagination is always high. I was thinking that ADA will reach upto $2-$5 within this year. Recently it has reached above $2 and I'm still thinking in the same way. ADA may reach upto $5, not higher than it.

yohananaomi

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Quote from: jorgesalcedo on May 15, 2021, 08:31:00 AM

Cardano has great technology and can always be invested. Although the markets have been bad lately, Cardano is doing very well. However, the $ 20 expectation is too high. I think it would be very difficult for Cardano to even reach the $ 10 price Undecided

the current price achievement of ATH $ 2.26 - May 15, 2021 is already an extraordinary thing that ADA has been able to achieve so far, if we look at the very extraordinary annual% that ADA has earned. If you see it is possible that everything can happen, but let him move gradually to break $ 5, only then the opportunity to increase again to $ 10. it is still possible and can be done by ADA, but to improve immediately, is likely to be difficult.

jorgesalcedo

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Cardano has great technology and can always be invested. Although the markets have been bad lately, Cardano is doing very well. However, the $ 20 expectation is too high. I think it would be very difficult for Cardano to even reach the $ 10 price Undecided

rodskee

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Quote from: Why you bully me on May 13, 2021, 07:08:01 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?

is this for real mate? 20$? Cardano even reach the ATH today with 2.18$ value and you are expecting another 10 folds from that?

I hate this idea of being greedy mate, because we can at least be contented here ..

I am holding Cardano and still holding more now but i will never ask for that so much.

kevinzxz

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Quote from: Why you bully me on May 13, 2021, 07:08:01 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 think Cardano price to reach $20 this year is very difficult, because $20 is a very high price for Cardano at the moment, therefore I think for now Cardano price may only reach $5, but if the market cap increases very high (10x of the current amount), then of course Cardano price could possibly to reach $20 (although I think that's very unlikely for this year), but we can never guess what will happen with cryptocurrency, because the market could experience a bull run or bear run at any time.

el kaka22

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Ada has been the latest trend and I have friends that are investing in it, I'm just the only one that has been missing out on investing in it. But I do follow up with it and I do check the charts and watch where it's heading to, because I have interest in investing in it soon. The way I have seen it, there is the possibility that the price can even go further from the current rate is below $2. But going all the way up to $20 is what I can't really tell you for sure, right now the whole market is kind of getting bullish, although I do know there are coins that are still growing really much.

People are just speculating about the high price as they would usually, but they are not so sure about it. But, now would still be a good time to invest in ADA, even if it doesn't reach that high price, it's still going to reach a high price.

Bitstar_coin

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I don't think that will be possible in this year or next, ada is a very strong coin don't get me wrong, the supply is huge and getting to $1 is definitely going to be a very difficult achieve that target, but if you have the patience to hold through.

Cappex

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Quote from: Distinctin on May 13, 2021, 07:21:49 PM

Just look into the market chart, ADA now is started to drop and if this going to continue, $20 is meant to be hopeless. But the fact that ADA doesn't have that potential since before, I don't wonder why it falls.

People saying it will go high like reaching $20 is purely a joke. No, that seems impossible, right? I don't usually listen to speculations because that is certainly not accurate. I have a bad experience with ADA before, I lose my money with this coin thinking that it gives me profit but unfortunately, I never had it but just losses.

I believe Cardano is one of the few projects to achieve something concrete in the world and I think that this approach will determine its success and I think that today we do not even imagine where it will have arrived in 5/10 years.

JooBra

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Quote from: hugeblack on May 14, 2021, 04:31:41 AM

The market cap will make it impossible to reach twenty times the current price, but this may happen in the future, perhaps in 2025.
The best we can get now is $ 5, at best, unless a major event happens.
Generally, we still did not witness what will happen at the end of this bull market, but ADA currency proved its strength by breaking the resistance levels in the previous time.

For this year being around 5$ is realistic goal. I share same opinion with you. They have a lot of stuff coming in next couple of years so it's possible to get higher to 20$ in next couple of years but not this year.

MadeMen

copper member

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I've heard several great news about the potential of the cadano project but these great potentials has rarely been visible on the market value. Maybe its because of the volume in circulation or something the developers aren't doing well. I hold a small quantity of the coin and would also love to have the value increasing.

livingfree

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Quote from: Why you bully me on May 13, 2021, 07:08:01 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.

There's really the possibility to increase its price due to the increase of its market cap too. With whichever speculation that you're taking from anyone on the web, if you believe it, don't be quick to believe it yet instead you have to analyze it first even though you're not good in analysis.

Quote from: Why you bully me on May 13, 2021, 07:08:01 PM

What would be the sensible valuation you think it could be near end and why?

For Cardano, I don't have my own valuation because I don't own it and don't focus on it but if its the $20, we can say that it's possible.

Irazzzta

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Quote from: Why you bully me on May 13, 2021, 07:08:01 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 is always a possibility in the crypto world. but when viewed from the current market, to increase by 10x at the end of the year does not seem possible. maybe in the future the ADA price will be $ 20, but not this year. because bear market is coming

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