How can Cardano achieve $ 5 ? | Bitcointalksearch.org

josephdd1

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Quote from: robinator on September 19, 2021, 11:06:56 AM

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? Huh

As for me Cardano is very Undervalued Compared to Ethereum. The research report published by Grayscale shows how the fundamentals of this cryptocurrency have improved over the past year.
Cardano launched the smart contracts feature with the Alonzo update this year, making it is easier for decentralized applications to launch and develop.
According to the report, Cardano currently calculates a larger payment amount per unit of market capitalization than its competitors (Ethereum and Polkadot), which suggests that the asset may be undervalued.
Cardano is already catching up with mainstream networks. In Bitcoin's network total BTC payment value is 3,1 trillion dollar, in Ethereum-2,8 and in Cardano 1,67!

bluebit25

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Quote from: Rigon on October 13, 2021, 06:59:36 PM

Cardano is a good coin in cryptocurrency.We can all see that Cardano's position is in the fourth position among all coins. So here we can judge that it must be a very good quality coin.Then its price will definitely increase. However, between 2021 and 2022, the price is expected to be above 5$.

There is no question, ADA is proving to everyone their great potential in this space.
And given the current state of the market, I'm pretty sure $5 is still a modest price, even if it's a much better price if the market performance is as good as it is now.

hichamito37

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Quote from: robinator on September 19, 2021, 11:06:56 AM

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? Huh

For Cardano (ADA) to reach $5 value is possible, just a matter of time. And as you ask, can Cardano replace Ethereum and solve the huge gas fee problem?
My answer is absolutely possible, but besides ADA there are many other competing networks with very cheap fees such as BNB, SOL, MATIC, DOT… This will make ADA not the only network that can be used right now. multi-blockchains, competition is inevitable.

Sayeds56

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Quote from: sayam on September 24, 2021, 10:03:32 AM

There is no denying that the future of Cardano is very bright. Exceeding the 5 $ mark is not a big deal, if all goes well, I think Cardano will cross the 5 $ mark by the end of this year. But no matter how bright the future, I don't think Cardano will ever be able to replace Ethereum.

Absolutely right. Cardano has great future because its developers have been working hard to improve its network, make it useable for creating smart contracts and do everything they can to keep transaction fee to the minimum. Its price will definitely sky rocket once new contracts start launching on its network. Technically speaking, caradano is in consolidation phase since many weeks and Breakout from here will take to 3$ but it will take much time before it hits 5$..

Rigon

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Cardano is a good coin in cryptocurrency.We can all see that Cardano's position is in the fourth position among all coins. So here we can judge that it must be a very good quality coin.Then its price will definitely increase. However, between 2021 and 2022, the price is expected to be above 5$.

lalabotax

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Actually, ADA has good fundamentals, and also this coin has good news and events recently and later. But we know that the crypto market is still starting to rise. That is why it may also influence the price of altcoins including ADA.
The ATH of ADA itself is $3.10 and this was in September 2021.
I missed to see ADA in that ATH. I really expect that at least this coin will really reach the ATH again. And if it can reach $%, it will be very interesting and wow to have this

NicNacCoin

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At present we can see if we notice Cardano A coin of good quality. 24 hours in terms of trading volume Is in the fourth position. But of course this coin will go to a better position in the future and the price will increase a lot. Considering and analyzing different aspects, of course, something good can be seen in the future. It could very quickly position itself within 5 dollars.Those of you who want to buy and invest in this coin can still invest and the price is very low.

TimeTeller

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I'm sure if one day the price of ADA can reach $5, but for ADA to replace Ethereum, it will never happen, because there are already many blockchain projects that have very low gas fees than Ethereum, but until now the project still cannot replace Ethereum, therefore I believe that Ethereum will never be replaced and will remain in position 2 on coinmarketcap.

Aiming to replace ethereum is actually a very big challenge for any network out there.
Instead of targeting to replace it, better aim for more projects to be deployed under ADA.
Because the more projects that are successful, the better chance for this network to achieve $5.
Without continuous progress on the network, it would be hard for them to attract developers as well as users.
But if they see large number of projects that are successful using their network, good things will follow thru.

Ararbermas

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Quote from: robinator on September 19, 2021, 11:06:56 AM

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? Huh

although there's an issue with cardano perhaps it cannot stop the project to make good improvement in the future, and yes many analyst saying cardano will bump more before this year end and i agree with them, it's just the bearish take over the market reasons it goes dip as well along with other alts after the fork, but so far at this point it still keep regaining , and in fact it's now listed in CMC as a trending coin despite of the current situation. so expect after days or weeks there will be an improvement again.

zasad@

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Quote from: robinator on September 19, 2021, 11:06:56 AM

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? Huh

I don't think Cardano will be able to replace any of the competitors, because they are very far behind the competition.
On the hype, the price of the coin has grown well, but you do not need to burden yourself with hopes that the crypto market will continue to grow.
In the next bull cycle, there may be such a price, but now it is very reckless to buy this coin.

SyndicateLabs

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I don't know what to tell you but $5 is not a very difficult goal for ADA,
they are changing a lot more than before although it can't say much but ADA has always shown that they are one of the potential platforms because basically we haven't seen much with it. expectation. I think maybe in the future when they make a lot of plans to build and develop the ecosystem and it will drive the price of ADA up.

Ekyfitri

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Quote from: sayam on September 24, 2021, 10:03:32 AM

There is no denying that the future of Cardano is very bright. Exceeding the 5 $ mark is not a big deal, if all goes well, I think Cardano will cross the 5 $ mark by the end of this year. But no matter how bright the future, I don't think Cardano will ever be able to replace Ethereum.

do you mean smoothly is an update that is being run by the Cardano developers?
This progress will surely be seen in the long run. even for the end of this year, I'm not sure all will be ready to bring the ADA to $5. it also depends on the potential of market support in the next year. if all doesn't go as expected, I think the ADA will have a really hard time getting their big adoption.

sayam

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There is no denying that the future of Cardano is very bright. Exceeding the 5 $ mark is not a big deal, if all goes well, I think Cardano will cross the 5 $ mark by the end of this year. But no matter how bright the future, I don't think Cardano will ever be able to replace Ethereum.

pergola

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Quote from: GatotKaca on September 21, 2021, 09:08:10 AM

Quote from: pergola on September 21, 2021, 09:01:04 AM

First, Bitcoin continues to appreciate to $100k and domain BTC.D doesn't go above 50.
That is the ideal level for all altcoins to rally, not just Cardano. Cardano's smart contract launched and nothing changed too much in price. So only the above option is reasonable.

it will surely await the moment when the adoption of the Cardano blockchain explodes. and that situation might be like SOL and BSC.
if the adoption doesn't happen, then ADA might have a hard time even getting to $5. developers seem to have to work harder to make a major update.

LOL. Cardano has been overvalued, more than 100x, since the beginning of 2021. The ability to increase the price of this project will also be difficult, but at $5 is acceptable.
Cardano is still very new and has not yet created any user access to the project's ecosystem. The smart contract they call 'code on chain' has just launched and to have a real product will take time to create.

GatotKaca

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Quote from: pergola on September 21, 2021, 09:01:04 AM

First, Bitcoin continues to appreciate to $100k and domain BTC.D doesn't go above 50.
That is the ideal level for all altcoins to rally, not just Cardano. Cardano's smart contract launched and nothing changed too much in price. So only the above option is reasonable.

it will surely await the moment when the adoption of the Cardano blockchain explodes. and that situation might be like SOL and BSC.
if the adoption doesn't happen, then ADA might have a hard time even getting to $5. developers seem to have to work harder to make a major update.

pergola

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First, Bitcoin continues to appreciate to $100k and domain BTC.D doesn't go above 50.
That is the ideal level for all altcoins to rally, not just Cardano. Cardano's smart contract launched and nothing changed too much in price. So only the above option is reasonable.

hugeblack

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Perhaps if they succeed in creating smart contracts that are well managed and fast with low fees they may offer something new.
Don't forget that they are not the only competitor for Ether even with higher fees, people who will stop using Ether network does not mean they will use Cardano blockchain.

Therefore, reaching $5 is difficult and depends on the quality of the updates that will be launched in the coming months and the weakness of competitors.

for me if it reach $5 i will sell it. Grin

masterrex

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Quote from: robinator on September 19, 2021, 11:06:56 AM

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price is $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? Huh

The truth is all of that so-called predictions are just mere speculation because no one knows what happens next, that's why it will remain as a guess, so let's put it that way.

Is it possible for Cardano to replace Ethereum? IMHO, I think that's not possible yet although Ethereum has some issues today regarding the expensive transaction fees, But it doesn't mean they can easily overturn the original smart contract provider. And let us also consider the fact that Cardano has several competitors in the market and I think that was not an easy task for Cardano to handle.

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Quote from: zulfi125 on September 20, 2021, 11:03:33 AM

Cardano's price will reach above $5 by the end of 2021 because more projects will be launched in Cardano and the usage of Cardano will be increased but ETH will be no.2 and gas fees will low than ETH.

If, in the next month, bitcoin can have a rally to $50k, Cardano can have a chance to lift the price to $5 as the price can reach $2 and still stay at the current price.
But if the bitcoin price does not increase to that price, it seems Cardano needs to wait for more to lift the price.
The key for the altcoin is if bitcoin can have good movements in the rest of this year, the altcoin will have those chances.
Otherwise, the altcoin will stick at a price now and will not increase so high, which I do not think that the crypto market will not grow again in the next month.

Rahman11

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Will ADA reach 5 or $10? In terms of market position, Cardano has had a growth rate of over +665.2% in the past year. If this trend continues, there is a big chance that Cardano can reach the bullish price of $10.

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