Although Cardano is currently experiencing an increase, I think it is very difficult for Cardano to reach $200, because the target is very high, especially now that the price of Cardano is still $2.13 plus market conditions are still not conducive after the correction. but in my opinion cardano is one of the best altcoins for long term investment.
I think what you are predicting seems to be true, it will be difficult for ADA to be able to reach $200 even though at this time it is indeed an increase for bitcoin which usually will also be affected by other altcoins and ADA is no exception.
but if we want to step back and see ADA's journey, of course at first it was quite surprising too, in just a few months to be exact in 2018 it had reached an increase of $1, but after that it couldn't move to increase again. started increasing into 2021 and reached a renewable ATH of $3.09 - Sep 02, 2021.
if you look at the time that can be done by ADA to be able to increase again, it takes quite a long time and even takes several years. Of course, this is not a good move, but if want to increase it only 3x, it will take up to 3 years. how about now the price is in the range of $ 2.17 and wants to reach more than 100x? of course very difficult to do.
although we must admit that ADA's market cap is very good, which indicates that many are using and holding ADA and making it an attractive investment of course.
have to work hard if you want to reach $ 200 and may take a long time too
That's a very illogical target to happen because it has to have an increase of thousands of percent in order to reach the $200 price, so not only less sure, but also less logical to achieve in a very short period of time, and if the timeframe is for the long term, I also not sure because Cardano's side also needs new developments gradually.
I agree, that this is a very ambitious target to say the least, although we must appreciate that ADA's market capitalization is indeed very good at the moment. but it can not be guaranteed, of course it is very difficult to be able to achieve the highly expected price. have to work harder than usual if you really want this to be achieved. but maybe not for the near future where it is expected that there will be an increase.
what you say is true, that it took several times to reach the expected price, which is currently still at $2.17. Of course it will take several times to reach the price of $200, it is possible that if there is an increase of that size, ADA's market capitalization will increase sharply, maybe it can surpass ethereum of course. is it possible that could happen? for now it looks like it will be difficult who knows when it will be achieved.