Can Cardano really reach 20$+ near end of year?

[Why you bully me]

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?

[1714902870]

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[1714902870]

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[Distinctin]

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.

[JeffBrad12]

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?

The current valuation is more than enough for ADA. TBH i didn't even think ada will need to reach $20. I was seeing it based on how useful ada for the community and i think that the current price is the best rate for ada.
Ada is a good platform but it's not so good as BSC. It's impossible to achieve $20 for each ada coin.

The only ada holders will hope that to happen soon.

[Kemarit]

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?

Of course the project has so much potential, but it has already going to the moon with the current price.

And for those who are making a noise and saying that it can reach $20.00, is obviously shilling for ADA. It will be a huge jump to $20.00 and I doubt for now that in can be achieved. $5.00 could be difficult to reach in my opinion. It will need a lot of money pouring on ADA's market. And there's a lot of market competition as well as far as investors money.

[tsaroz]

There are possibilities of anything in crypto market and when it's in bullish trend, we could expect a popular coin like cardano to increase it's price by 10 folds. We've recently seen that fiat being achieved even in a few days with large cap coins. And with projects like defire entering the cardano ecosystem, we ought to see some movement in the price.

[senyorito123]

There are possibilities of anything in crypto market and when it's in bullish trend, we could expect a popular coin like cardano to increase it's price by 10 folds. We've recently seen that fiat being achieved even in a few days with large cap coins. And with projects like defire entering the cardano ecosystem, we ought to see some movement in the price.

I agree, possibilities will always be there most especially many see it as potential coin. Being recognize and known to many people is a sign that it is a good coin which surely gain more investors and holders. What we need to focus right now is it's standing and never stop finding ways to know every update or movement that the developer make..

[leea-1334]

Never say never. We have just had a 20% dump on all coins, BTC and alt,,, but this strong support at 49k for BTC and 3800 for ETH might actually be good news because when they do recover and bounce strongly, altcoins and old projects like these can really benefit and push for higher ATHs before the bubble bursts.

[Reid]

Market cap and volume. That's why it has the same deal as XRP. Both cannot go way far because of billions of coins flowing in the market.
Well, I'd choose the two rather than Doge.
Somehow, you could still see a future behind Cardano with its own product (blockchain and smart contract) and not a joke being hyped by popular people for their own profits. With similarities in the Ethereum project because of their founder, it's not hard to see why it should be one of the top coins that have more value in the market.

[hugeblack]

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.

[maxreish]

Everything is possible in crypto space. I remember dogecoin cost cents and then half dollar to almost $1 dollar before. And ethereum from $300 to almost $4k now. It just means ADA can also perform like other coins did. It is a matter of a good project development and update. Good crypto use that can be promoted by a certain famous influencer, too. Or a particular big company that will support it, too.

Just a fact that volatility means a possible to make it big or the otherwise.

[todiefor17]

Cardano's value could reach $20 if Bitcoin hits $100k or more and ETH $10k. In August of this year, Cardano will launch their smart contract and this marks a big step in the blockchain space as a smart contract written in Haskell with a powerful decentralized blockchain.
Cryptocurrency markets will definitely grow and we have to wait patiently for them to develop. $20 is an unbelievable amount per Cardano and it can happen.

[Irazzzta]

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

[livingfree]

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.

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.

[MadeMen]

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.

[JooBra]

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.

[Cappex]

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.

[Bitstar_coin]

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.

[el kaka22]

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.

[kevinzxz]

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.

[rodskee]

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.