Topic: Can Cardano really reach 20$+ near end of year? - page 9. (Read 2760 times)
I was seeing it dependent on how valuable ada for the local area and I imagine that the current cost is the best rate for ada. We have as of late seen that fiat being accomplished even in a couple of days with enormous cap coin and with projects like debase entering the cardano environment, we should see some development in the cost.
The most important of all this is that BTC is the one who is directing the direction of the market, ADA for now continues to become one of the best options to invest.
It's getting near again with what you have said as strong support currently residing @ $1.39 according to CMC,
still standing strong though since Bitcoin is experiencing downfall.
And yes, Bitcoin is pointng or directing the market that really affects the entire market, Patience and good instinct with each assets that you wanted to invest your money is all you needed from this industry.
The outlook for ADA looks clearer, the security that is seen for the currency is greater, even much more than for BNB, whenever ADA is analyzed it is compared to BNB, but this time ADA is taking more advantage:
Source: https://ambcrypto.com/xrp-cardano-bitcoin-cash-price-analysis-15-june/
The most important of all this is that BTC is the one who is directing the direction of the market, ADA for now continues to become one of the best options to invest.
Quote
The fifth-ranked coin on CoinMarketCap saw a 16% price gain since June 12. The $1.35 mark has been acting as strong support for ADA after the May 18 price dip. Bollinger Bands for the asset diverged, depicting an increased price range and volatility. ADA traded at $1.5 at press time and its 30-day volatility was 1.87.
Source: https://ambcrypto.com/xrp-cardano-bitcoin-cash-price-analysis-15-june/
The most important of all this is that BTC is the one who is directing the direction of the market, ADA for now continues to become one of the best options to invest.
It won't come until the end of 2021, I see a lot of people exaggerating it but in reality I know it's good and has more potential, but we need to be more realistic with this. ADA needs time for them to be able to do what we still expect, and I think the amount of time this coin should be in the range of 3 - 5 years for it to create a ecosystem. big enough.
Still struggling with 2$ so basically I think the only thing to change that will be smart contract and some other functionality
With the upcoming mainnet migration, combined with the addition of Defi. Institutional investors are targeting a huge value push for ADA this year. it's in the $2 zone. More realistically $10 at the end of the year - but remember, the bitcoin trend has to be in sync, it's the impact needed for the altcoin bull run to work. ADA has had a very healthy year of value growth without the hype imo.
20$ ?? thats sound impossible for me
even bitcoin reach more than $100K, i never think if cardano will touch that price level before this year end
Impossible for now but eventually when time passes by then for sure the price will climbs up.even bitcoin reach more than $100K, i never think if cardano will touch that price level before this year end
ADA is one good coin and a good project so i believe in its potential but an early hype is not happening any time soon.
I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?
ADA is a great project on crypto .I think they have shown to the crypto world how nice and well established ADA project is .The price is around 1.5$ and it is really possible to go and touch 10$ .I have seen many crypto project which has changed just within a hour.So i think as it is a good project why we could not see it on 20$ soon. $20 for cardano mean $640billion in matketcap. $640 billion matketcap can be reach by Bitcoin in 10 years. Cardano was created in 2017 if im not mistaken. Then we will see cardano at that price in 2027 if nothing goes wrong. If cardano failed so probably we will never see that price for cardano. Be realistic then you wont get rekt on the market.
Not because Bitcoin reached that Market cup in 10 years meaning Cardano will do the same because when Bitcoin is starting the world knows nothing about crypto but now? almost every side of the world has the idea of how market goes so basically we can see possibiities in couple of years from now who knows?
$20 for cardano mean $640billion in matketcap. $640 billion matketcap can be reach by Bitcoin in 10 years. Cardano was created in 2017 if im not mistaken. Then we will see cardano at that price in 2027 if nothing goes wrong. If cardano failed so probably we will never see that price for cardano. Be realistic then you wont get rekt on the market.
People do not see what is realistic anymore in crypto and I guess when memecoins go from zero to millions,,, out of thin air in one magic moment, then they are totally blind to simple market cap calculations.
These are crypto speculators remember,,, not actual economics students:)
Cardano came from a somewhat bearish trend, now with the uncertainty of the market that indicates that BTC may continue to decline as ADA is parked at approximately 1.5USDS, of course this is an acceptable
I feel that no one can give to that the answer better than this man said:
https://forkast.news/cardano-marlowe-ada-smart-contracts/
As I have already said ADA in my portfolio performs better than BTC when looking at both coins at dollar angle. I'm expecting this tendency will only solidify during the course of this year. IMO, bearish trend for ADA is illusive.
no, $20 for cardano for this year I assume it will not be achieved,
but for the future or 5 years it might be achieved, because this year the target of cardano aa is at $ 5,
if it is possible to $ 10 then it is very amazing can happen, I think realistically, not dreaming
but for the future or 5 years it might be achieved, because this year the target of cardano aa is at $ 5,
if it is possible to $ 10 then it is very amazing can happen, I think realistically, not dreaming
The answer is very simple, when bitcoin bitcoin is worth x14 of the current price then there is a chance that ADA will be worth $ 20.
x14 meaning Bitcoin will reach almost 1 million USD ? that's the only way that Cardano will step on 20$ 
Meaning this is impossible to happen this year or even in the next couple of years.
64k is the recent ATH of Bitcoin then x14 will be 896k USD?
No, this is about 36k from the current price, that is, about 500k, but that's about. This can happen at 200-300k per bitcoin. After all, everything is very simple when altcoins get too close to bitcoin and it is harder and harder to make huge profits.
Stats is showing the current money outflows - inflows for different cryptos. Cardano has the positive money flow while Bitcoin is in the forefront of outflow . Judging the fact that Cardano is in the midst of Alonzo upgrade one can expect that this tendency of the positive money inflow into ADA will be seen till August at least.
https://ambcrypto.com/with-bitcoin-outflows-increasing-whats-the-status-of-ethereum-xrp-and-ada/
https://ambcrypto.com/with-bitcoin-outflows-increasing-whats-the-status-of-ethereum-xrp-and-ada/
$20 for cardano mean $640billion in matketcap. $640 billion matketcap can be reach by Bitcoin in 10 years. Cardano was created in 2017 if im not mistaken. Then we will see cardano at that price in 2027 if nothing goes wrong. If cardano failed so probably we will never see that price for cardano. Be realistic then you wont get rekt on the market.
Everyone is dreaming about higher valuation irrespective of logic and so is the reason everyone is dreaming about $20 for Cardano irrespective of the number of coins in circulation. I did not calculate about the total valuations but if i go by the way you calculated then it is excessive and i have heard about a big upgrade coming up for them and it can boost the price but i doubt we will see $20 anytime soon.
$20 for cardano mean $640billion in matketcap. $640 billion matketcap can be reach by Bitcoin in 10 years. Cardano was created in 2017 if im not mistaken. Then we will see cardano at that price in 2027 if nothing goes wrong. If cardano failed so probably we will never see that price for cardano. Be realistic then you wont get rekt on the market.
The answer is very simple, when bitcoin bitcoin is worth x14 of the current price then there is a chance that ADA will be worth $ 20.
x14 meaning Bitcoin will reach almost 1 million USD ? that's the only way that Cardano will step on 20$ Meaning this is impossible to happen this year or even in the next couple of years.
64k is the recent ATH of Bitcoin then x14 will be 896k USD?
The answer is very simple, when bitcoin bitcoin is worth x14 of the current price then there is a chance that ADA will be worth $ 20.
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.
In fact, depending on the price of bitcoin the price of currencies goes up, so it's hard to predict that any project could reach $ 20 by the end of the year. The value of the cardano currency will rise but it will take a long time to reach $ 20 as the value of these currencies has started to fall due to the decline in the value of bitcoin. First Cardano have to push their Adoption rate. currently their platform has the lowest level and even loses compared to Tron which is in position 24 Marketcap. and then they have a chance to go up and make new ATH. but all that is still not enough to reach the price of 20$. it took a massive pump to get Cardano to climb really high.
With all respect, your words of the lowest level of Caradno adoption have no teeth. Could you support them by references?
All the latest is buzzing of Cardano: the reddit community has more than half a million of supporters, total number of staking addresses has surpassed 600 000, institutions are tight with ADA, the whole African nations are about to adopt Cardano...what else ..
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