Topic: Can Cardano really reach 20$+ near end of year? - page 4. (Read 2758 times)
It will be an enormous leap to $20.00 and I question until further notice that in can be accomplished. $5.00 could be hard to reach as I would see it. It will require huge amount of cash pouring on ADA's market. We've as of late seen that fiat being accomplished even in a couple of days with enormous cap coins. Also, with projects like pollute entering the cardano environment, we should see some development in the cost.
Cardano can reach $20 by the end of the year, IMHO. However, it would take ~80% of ADA being delegated, and smart contracts to be pulled off without any hiccups. Also, we would need 100+ Dapps in the ecosystem to really take off.
I have created a Cardano pool last month. If any of you would like to delegate to a small pool operator, my Cardano Stake Pool has 126k delegated. I pledged 100k.
Pool: Prophet
Ticker: XPPX
Here’s a helpful guide, LiveView, and some stats:
https://youtu.be/zgbauu4ifWA
https://pool.vet/#Xppx
https://adapools.org/pool/5693aa7edfe81d12c9062bbe7b7c0b314b9665c6b3cd426152108347
If anyone would like some NFTs created by the Cardano SPO community, inbox me your address here, or on Twitter. All that I request is that you have delegated to me for a month. Below are a couple that I will be sending out. Also, these will all come with 2ADA. I dunno why. It’s just how it works since these were minted before Cardano smart contracts went live. Thanks in advance!
https://pool.pm/stake1uyy93axth2t74fjp2jucg9axxr9un9kzty986t8dsnwlhyg77l4rv
https://www.twitter.com/xPR0PH3Tx
[XPPX] 💚 Stake Increased
+105 ADA
🤵 Delegators: 20
🌲 Live Stake: 126.80k
🏋️♂️ Saturation: 0%
💁♀️ More info: ADApools.org/XPPX
I have created a Cardano pool last month. If any of you would like to delegate to a small pool operator, my Cardano Stake Pool has 126k delegated. I pledged 100k.
Pool: Prophet
Ticker: XPPX
Here’s a helpful guide, LiveView, and some stats:
https://youtu.be/zgbauu4ifWA
https://pool.vet/#Xppx
https://adapools.org/pool/5693aa7edfe81d12c9062bbe7b7c0b314b9665c6b3cd426152108347
If anyone would like some NFTs created by the Cardano SPO community, inbox me your address here, or on Twitter. All that I request is that you have delegated to me for a month. Below are a couple that I will be sending out. Also, these will all come with 2ADA. I dunno why. It’s just how it works since these were minted before Cardano smart contracts went live. Thanks in advance!
https://pool.pm/stake1uyy93axth2t74fjp2jucg9axxr9un9kzty986t8dsnwlhyg77l4rv
https://www.twitter.com/xPR0PH3Tx
[XPPX] 💚 Stake Increased
+105 ADA
🤵 Delegators: 20
🌲 Live Stake: 126.80k
🏋️♂️ Saturation: 0%
💁♀️ More info: ADApools.org/XPPX
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?
If the ADA coin reaches $20 by the end of the year of course the market cap reaches $642,906,962,820 and this is already 1/3 of the current market cap of Bitcoin, or twice the current market cap of Ethereum. Is it possible that ADA will reach that number. If so, then the price of Ethereum must reach $6,500 to be able to maintain the position of two Coinmarketcap.
August 29, 2021
Bitcoin today, price $49,035 market cap $918,620,932,490
Ethereum today, price $3,245 market cap $379,336,488,061
Cardano today, price $2.88 market cap $92,227,647,477
If the price of Cardano reaches $20 then the market cap is $642,906,962,820
If the price of Ethereum is $6,500 then the market cap is $762,504,899,000
No one will be sure what the value of ADA can achieve, it is priced from the market basis. ADA trends are pretty good for their own smart contract development news. That hit a huge volume for ADA the past 2 weeks. It's an impressive development on their promise. But hitting $20 this year is really unlikely. If institutional investors decide to integrate into ADA then based on market trend it could hit $8 I guess
That's a big dream that is unlikely to happen, you know, when we make a target price, we should not only consider the movement of ADA, but also the movement of other major altcoins and most especially bitcoin, because if bitcoin is bearish, then most probably ADA would just follow the trend.
I dont believe it's possible, $20 per Cardano means 7x from now.
But I strongly believe $4 or $5 per Cardano end of the year is very realistic. This coin is bullish now, Most of the CT people also are very bullish. Cardano made a new all-time high, so it attracts most of the people.
Maybe after a few years, Cardano may hit $20 but near the end of the year, it's very tough. But everything is possible in his crypto world. Holding a little bag of Cardano. I am happy with $5 per Cadano.
But I strongly believe $4 or $5 per Cardano end of the year is very realistic. This coin is bullish now, Most of the CT people also are very bullish. Cardano made a new all-time high, so it attracts most of the people.
Maybe after a few years, Cardano may hit $20 but near the end of the year, it's very tough. But everything is possible in his crypto world. Holding a little bag of Cardano. I am happy with $5 per Cadano.
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 the popularity of the market is indeed Cardano right now, their assessment may be different because the speculation on the price of Cardano is very different from day to day, but for me that's what they say is wrong.
It's really impossible if we don't believe bitcoin and ETH would pump 10x to 50x of its current price now. If we let Carnado pump while coins that are on top of it are struggling, that means Cardano will be on the top, and bitcoin and ETH will go down. This is impossible for now because we are based on the current price of the leading coins, but if eventually, the market will continue to grow, we might see some major growth that we are not expecting now.
There is a lot of speculation about the price of ADA at the end of the year, seeing from the beginning of the year ADA until now the price continues to shoot up. Even though it's too difficult to reach $20 at the end of the year but I'm sure ADA will be able to touch the price of 3-5 dollars at the end of the year.
- You should know what the sin of rumors is, it's a pool of hope for the participants, they thought that this lake was filled with rare fish but the source and witness of the rumor has never been revealed, maybe a mass of people will harvest a few buckets of fish and continue fishing on this lake fish but hidden deep in the lake are water monsters, it is waiting for more people to come closer to fill its belly. More speculation about ADA, its price will fly more than expected and then the outcome of the story I am telling will appear, ADA is being hyped to attract more investors Not. The highest Cardano price this year is $3. Or increase three times from the current price. Even if we speculate high, then we can only speculate up to $5. Cardano took another 5 years to reach a price of $20.
If the price of $ 5 does not seem to take long for Cardano, because as long as the market is still in a bullish condition, then the potential for an increase for Cardano will always be there and will also be better for those who believe in Cardano. 
Lol funny how the thread started with "ADA is bullshit" "ADA has no potential" "I lost all my money betting on ADA" and has now taken a U turn where people are saying ADA has a lot of potential and is one of the top coin. It is very obvious most of the people over here invests due to FOMO I guess. $20 by the end of the year? I doubt. There are almost 32 billion ADA circulating. If it goes up above $20, its going to overthrow ETH. But who knows.. After the Alonzo update, we might see more people jumping in.
Yeh it can hit 20$ but firstly it will hit 3$ . because There are a lot of resistance which push his price downward . so if cardano bullish his price above the 3$ then it will possible that it can move to 20$. Because his team work alot on them . and there are alot of new updates coming in cardno which will help to bullish.
There is a lot of speculation about the price of ADA at the end of the year, seeing from the beginning of the year ADA until now the price continues to shoot up. Even though it's too difficult to reach $20 at the end of the year but I'm sure ADA will be able to touch the price of 3-5 dollars at the end of the year.
The same words apply to me. By the end of this year, 20 dollars will be too much, since we only have four months in our hands. ADA is still maintaining its momentum, which is a positive sign. ADA should be bought, but not in the sense that you bought yesterday and are hoping for a price spike tomorrow. ADA will be back on track soon!
In general so far Cardano has been looking very good in terms of price, so expecting a rise in the near term is pretty crazy, as Cardano is already well suited to holding in the long term, so obviously there's no need to expect a rise for the next day if you've bought in the long term a few days ago. No one will be sure what the value of ADA can achieve, it is priced from the market basis. ADA trends are pretty good for their own smart contract development news. That hit a huge volume for ADA the past 2 weeks. It's an impressive development on their promise. But hitting $20 this year is really unlikely. If institutional investors decide to integrate into ADA then based on market trend it could hit $8 I guess
That's a big dream that is unlikely to happen, you know, when we make a target price, we should not only consider the movement of ADA, but also the movement of other major altcoins and most especially bitcoin, because if bitcoin is bearish, then most probably ADA would just follow the trend.
No one will be sure what the value of ADA can achieve, it is priced from the market basis. ADA trends are pretty good for their own smart contract development news. That hit a huge volume for ADA the past 2 weeks. It's an impressive development on their promise. But hitting $20 this year is really unlikely. If institutional investors decide to integrate into ADA then based on market trend it could hit $8 I guess
to think of ADA reaching $20 is a very exaggerated forecast although the price of ADA has almost reached $3 I still think that to think of $20 is a big exaggeration. it would have to have a big demand and a big marketcap, it would have to surpass the current marktcap of ETH and bitcoin, it's insane to think that this would happen this year or next year
I agree for ADA to reach 20$ by the end of this year is really too much,it can go really high this year,but if we look overall how ADA was doing this entire year it went from i think 0.30$ to 3$ now so it 10x in half a year and it is still going up,a really good and powerfull project.We can see maybe ADA going to 20$ in the upcoming years.
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?
Not. The highest Cardano price this year is $3. Or increase three times from the current price. Even if we speculate high, then we can only speculate up to $5. Cardano took another 5 years to reach a price of $20.
The ADA price is in a very large volatility, after having had a good price, it is around the levels of $ 2.47, it is not bad, but it is convenient to see it from every point of view if it is convenient to sell or not, although in my particular case would not sell:
It should be noted that the price for which it can continue to fall is up to 2.29usd, we cannot put aside the other side of the story that can possibly occur, it is for this reason that it would not sell, if it still falls at that price I would be happy anyway.
Quote
The bulls will make one more attempt to push the price above the overhead resistance at $2.97.
If they succeed, the pair may rally to $3.50. The upsloping 20-day EMA ($2.29) and the RSI in the overbought zone suggest advantage to buyers.
Source: https://cointelegraph.com/news/price-analysis-8-27-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-lunaIf they succeed, the pair may rally to $3.50. The upsloping 20-day EMA ($2.29) and the RSI in the overbought zone suggest advantage to buyers.
It should be noted that the price for which it can continue to fall is up to 2.29usd, we cannot put aside the other side of the story that can possibly occur, it is for this reason that it would not sell, if it still falls at that price I would be happy anyway.
to think of ADA reaching $20 is a very exaggerated forecast although the price of ADA has almost reached $3 I still think that to think of $20 is a big exaggeration. it would have to have a big demand and a big marketcap, it would have to surpass the current marktcap of ETH and bitcoin, it's insane to think that this would happen this year or next year
I agree for ADA to reach 20$ by the end of this year is really too much,it can go really high this year,but if we look overall how ADA was doing this entire year it went from i think 0.30$ to 3$ now so it 10x in half a year and it is still going up,a really good and powerfull project.We can see maybe ADA going to 20$ in the upcoming years.
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'd say that a price of $20 per coin is insane. It's like saying Dogecoin will reach $1 to $2 by the end of the year. What "kills" ADA is the large number of coins in circulation. ADA's total supply consists of billions of coins which is much higher than its competitors. With a price of $20 per coin, Cardano would've already surpassed Bitcoin as the largest cryptocurrency by market cap.
Besides, there are no real use cases for the platform. Without a solid ecosystem of dApps, tokens, and services, I don't see Cardano competing with big players like Ethereum and Binance Chain. As long as the cryptocurrency lacks usability, price per coin won't be going anywhere. I think ADA will reach $3 - $5 by the end of the year. Anything more than that will not be sustainable in the long run. Just my thoughts
Currently, Cardano is one of the best altcoins to invest in long term, but I don't think ADA will reach $20 later this year, even though the market is recovering now, but Cardano still takes time and a long process to reach that value, I think $5 is a fair price for Cardano to close this 2021,
That's even if it can get to $5 by the close of this year, because there is still a possibility not to reach it, because the current price is still very far from reaching $5, although in general Cardano is a good coin and is in the top five cryptocurrency rankings. Jump to: