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

[jorgesalcedo]

Cardano has great technology and can always be invested. Although the markets have been bad lately, Cardano is doing very well. However, the $ 20 expectation is too high. I think it would be very difficult for Cardano to even reach the $ 10 price 

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[yohananaomi]

Cardano has great technology and can always be invested. Although the markets have been bad lately, Cardano is doing very well. However, the $ 20 expectation is too high. I think it would be very difficult for Cardano to even reach the $ 10 price 

the current price achievement of ATH $ 2.26 - May 15, 2021 is already an extraordinary thing that ADA has been able to achieve so far, if we look at the very extraordinary annual% that ADA has earned. If you see it is possible that everything can happen, but let him move gradually to break $ 5, only then the opportunity to increase again to $ 10. it is still possible and can be done by ADA, but to improve immediately, is likely to be difficult.

[Mahdirakib]

Cardano has so much potential to increase in price but don't be too optimistic that it will reach $20. All those speculations has no base. People also speculate same way for other coins, our imagination is always high. I was thinking that ADA will reach upto $2-$5 within this year. Recently it has reached above $2 and I'm still thinking in the same way. ADA may reach upto $5, not higher than it.

[hugeblack]

I would like to correct my guess: I have held ADA for about a year and I did not expect the price to rise to the barrier of 2 dollars, I was planning to sell it for 2.5 dollars by the end of this season, but it seems that the price is likely to rise, especially if Tesla adopts it.
So if Tesla identifies it, I think that we will get 10 dollars as a maximum, otherwise, 5 dollars is an exaggerated barrier.

[azhariejaya]

It seems still difficult to reach the price of 20 $ at the end of the year, but everything can happen in cryptocurrency. Coins that used to be just a joke can hit fantastic prices in a short time. From the past, cryptocurrency price predictions have always seemed impossible, and it’s impossible to come true over time.

[geegaw]

Cardano has so much potential to increase in price but don't be too optimistic that it will reach $20. All those speculations has no base. People also speculate same way for other coins, our imagination is always high. I was thinking that ADA will reach upto $2-$5 within this year. Recently it has reached above $2 and I'm still thinking in the same way. ADA may reach upto $5, not higher than it.

Well, a year with only a few big enough news to affect the value, such potential is not as amazing as many other projects and the price increase in recent days is only due to the buying demand is enough and need to establish a sell demand with good profit and the implementation of some new strategic directions. However, these factors will not be considered and help the value of Carnado to be stable in the long run, a few days of price increases are enough to reduce selling demand, continue to rise requires stronger strategies to hit customer trust but people are in a state of anxiety, bitcoin is not too supportive of Cardano right now

[RbiggerG]

I would like to correct my guess: I have held ADA for about a year and I did not expect the price to rise to the barrier of 2 dollars, I was planning to sell it for 2.5 dollars by the end of this season, but it seems that the price is likely to rise, especially if Tesla adopts it.
So if Tesla identifies it, I think that we will get 10 dollars as a maximum, otherwise, 5 dollars is an exaggerated barrier.

Did Tesla mention Cardano specifically? I missed that then. 10 dollars puts Cardano very close to Ethereum, all things equal (of course not if Ethereum keeps going up). What is the current situation for Cardano and who uses the blockchain? What are the most prominent use cases as of now?

[Digital_Lord]

20$ is very hard for Cardano in this year. If it keeps growing as today It may be reach maximum 10$ in the last of this year.

[7788bitcoin]

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.

If Dogecoin and the rest of the meme coins can rally and some even rallied over 1000% then why not people speculate about Cardano rallying to $20 and it is not a huge task if the investors who pumped Doge and some of the other shit coins wanted to pump this one too.

PS: I am not holding any Cardano nor i am planning to invest in it  .

[Clement Kaliyar]

If Dogecoin and the rest of the meme coins can rally and some even rallied over 1000% then why not people speculate about Cardano rallying to $20 and it is not a huge task if the investors who pumped Doge and some of the other shit coins wanted to pump this one too.

If you check the market even Cardano had a good rally in the past few months along with the rest of the market and then for it to reach another milestone in this rally is a big optimistic approach. If there is any secret development that could propel the price then i would like to hear as well .
Not doubting the hype behind the project and a community behind the project but it is an impossible target in this rally.

[Cryptoblivion]

I think reasons for ADA to go beyond 5 dollars are given right now:

1. gained the trust of institutional investors (Saudi Fonds, PIF)
2. creates use cases (digital ethiopia 2025)
3. has an environmentally friendlier system of creating blocks (PoS)
4. is trustworthy due to its academic intentions and core team
5. does not rely on famous influencers, nor is it affected by the overall market trend as much as other altcoins

Still imho not a candidate for reaching more than 10 dollars by the end of this year.

[Permonik]

I think that maximum for the end of this year is 3-5USD if the bullmarket will continue, if not it is possible 0,1USD.


20USD within another 5years.

[Trixoempire]

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?

well, cardano known as a great altcoins project, and one of the best eth competitors
but its impossible for cardano to reach about $20 in this year buddy,
and in my analysis cardano price will remain under $10 in this year

$100-50$ in 5 years.

[makishart]

I think that maximum for the end of this year is 3-5USD if the bullmarket will continue, if not it is possible 0,1USD.
20USD within another 5years.

I don't even think that if it's possible for the price of ADA to go back again to the 10 cents and why? ADA already entered into the major crypto and ADA has a very strong fundamental and the holders will never try to sell their tokens. The time for each ada worth 10 cents will never be going back again and it already gone for sure.
This time the only way for ADA to increase even higher to reach new ATH.

[Anonylz]

Cardano is a solid project with lots of continuous improvement and development from the team, in crypto, achieving a high price is very possible especially when there are positive news frequently coming from the team, the project have good partnership, it has the support of big whales to create huge hype, although I think $20 is unrealistic, maybe $5 - $10 is more likely achievable by year end. This also depends on the the status of the bull run.

[HaekalZ]

Cardano (ADA) continues to increase and penetrate ATH day by day, for ADA itself the increase is more stable and slower than other altcoins, but this is a very good thing, because ADA is like slow but sure, the price continues to rise even though other altcoins continue to decline in In the last few weeks, ADA's own price has even reached $ 2.22 per day today.

[grabpopcorn536]

Over the past few days, ADA has hit a new ATH at $2.47. If ADA launches a smart contract, new ATH could happen again for ADA but at $20 per ADA is too much and unthinkable.
$20 per ADA is doable when the capitalization of the entire crypto market is greater than $4 billion or more.

[Samurai trieng]

Currently ADA has developed well, the price has gone up day by day, so now ADA has switched to the new ATH which is $ 2.47, along with this positive development, ADA still has a chance to reach $ 3 in the near future.  , but if $ 20 ADA still takes a long time to reach it, maybe in another 2 or 3 years,

[Coin_trader]

Currently ADA has developed well, the price has gone up day by day, so now ADA has switched to the new ATH which is $ 2.47, along with this positive development, ADA still has a chance to reach $ 3 in the near future.  , but if $ 20 ADA still takes a long time to reach it, maybe in another 2 or 3 years,

There's a shortcut for that through denomination method. Just like what other project do with there Billion total supply. They cut the supply and distribute the total burn proportionally to all the token holders. By this way, The token can grow astronomically due to token scarcity compared when the supply is overflowing.

[Chato1977]

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?

Many speculations that you've seen but none of one you shared here? do you really mean that or just another BS thread ?

https://coinmarketcap.com/currencies/cardano/

Here is cardano's Movement , now tell us if ADA can really hit 20$ this year alone?