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

[feelideb]

I will not doubt the potential inherent in ADA as coin! But to say ADA will be $20  with it's supply is over exagerating! The highest price for me as far as ADA is concern is around $3 or so. This is to tell you that we are alread at the all time high right now. If we have enter bear market, you should know that the price will decline from this point forward!

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[ubercool]

You're a newbie and you are kidding. 20$ Ada is highly impossible, I know that people say anything is possible in crypto but Ada is struggling to be above 2$ so 20$ will be insane. I'm just hoping that Ada might hit 3$ or 5$ max.

[cryptoperkele]

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?

Remind me, does Cardano have smart-contract functionality yet?

If not, with $20 price it would need to go almost double current ETH marketcap and why would it ever do that when eth has actual network effect and infrastructure in place already?

[Cappex]

You're a newbie and you are kidding. 20$ Ada is highly impossible, I know that people say anything is possible in crypto but Ada is struggling to be above 2$ so 20$ will be insane. I'm just hoping that Ada might hit 3$ or 5$ max.

ADA is $2 without having smart contracts, this will open the door to new DeFi experiences, NFT and all the trends of ethereum and bsc in a project created for this: scalable, accessible and decentralized.
$20 dollars is conservative in my opinion.... #DYOR

[Twinkledoe]

You're a newbie and you are kidding. 20$ Ada is highly impossible, I know that people say anything is possible in crypto but Ada is struggling to be above 2$ so 20$ will be insane. I'm just hoping that Ada might hit 3$ or 5$ max.

ADA is $2 without having smart contracts, this will open the door to new DeFi experiences, NFT and all the trends of ethereum and bsc in a project created for this: scalable, accessible and decentralized.
$20 dollars is conservative in my opinion.... #DYOR

$20 is achievable but I don't think it will be achieved at the end of this year. Try aiming for $5 first. But I can say, ADA platform is a promising one. They need to attract more projects that will be launched under their network. It has potential but need to be realistic first with your targets.

[CutePanda]

Of course !
very high possibility for cardano (ADA) to reach $ 20 this year, even in my opinion it could be more than $ 20, why? because you can see for yourself on coinmarketcap, even though almost all top coins have decreased significantly, cardano (ADA) is in the opposite direction to BTC, ETH, etc.

[Amejoaquim]

Of course ADA can reach that price in the end of the year, after this market correction i think ADA will instantly showing the good progress.

Theres so many top influencer and big media talked about this and it bring many investor to invest on this coin.

[cryptoperkele]

Of course ADA can reach that price in the end of the year, after this market correction i think ADA will instantly showing the good progress.

Theres so many top influencer and big media talked about this and it bring many investor to invest on this coin.

Top influencers? ADA has lot of money and they have paid for lots of articles and hype. They also try to hire talented people with ludicrous amount of money often without success because ADA is crap (Ask around and top cryptographers and coders will confirm). And you are saying that it would go over ETH marketcap with basically vaporware and hype? Projects without solid fundamentals do need hype, no doubt about that but maybe substance is is better then influencer hype. Influencer hype is only influencers that are trying to sell their bags higher. They will only try to pump anything that benefits them or have been paid to shill.
 
Remember on last bear market when most influencers disappeared with their failed predictions? That's what they do.

[snoopcoin213]

i highly doubt it

[electronicash]

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?

Remind me, does Cardano have smart-contract functionality yet?

If not, with $20 price it would need to go almost double current ETH marketcap and why would it ever do that when eth has actual network effect and infrastructure in place already?

not yet. i think the guogen update will happen in July or something. it's where the smartcontract will also be up and running. it's not really a good way to get into ADA and trade unless you are interested to do staking. it's the staking that makes it attractive to investors for now but when the smartcontract goes live, this is where we can verily speculate and trade well just like ETH.

they are saying that their algo is much better than ETH. it also open wide opportunity for developers since its not just solidarity but a programing language known for more programmers.

[crwth]

Since it can make an enemy of ETH, it has that kind of potential. It might not be as explored and well-known as comparing it to ETH. It has more outstanding features comparing it. It's most likely to be the alternative with all the tension with regards to the gas fees. I'm not sure about it, but when ETH 2.0 will be released, I think it's another reason to stick to ETH or something.

It can be speculation only, but anything is possible. Many people talked about BTC not reaching $100 back in the day but look at it now.

[kevindjunaidi]

Of course it can happen, because Cardano has a very good project and makes people interested to investing in Cardano, especially if there is another altseason, then of course the price of Cardano must be very easy to increase $ 20, so if you want to invest in Cardano, then it is a great idea for you and now is the right time to invest in Cardano, because currently the price of Cardano hasn't reached $ 20 and when the price of Cardano has reached $ 20, then of course you will definitely get a lot of profit from investing in Cardano at this time.

[RbiggerG]

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?

Remind me, does Cardano have smart-contract functionality yet?

If not, with $20 price it would need to go almost double current ETH marketcap and why would it ever do that when eth has actual network effect and infrastructure in place already?

not yet. i think the guogen update will happen in July or something. it's where the smartcontract will also be up and running. it's not really a good way to get into ADA and trade unless you are interested to do staking. it's the staking that makes it attractive to investors for now but when the smartcontract goes live, this is where we can verily speculate and trade well just like ETH.

they are saying that their algo is much better than ETH. it also open wide opportunity for developers since its not just solidarity but a programing language known for more programmers.

The problem is that the average Joe doesn't really care about the specifics of an algorithm and whether one is slightly superior over the other. Much like you don't inspect the whole engine of a car when you consider to buy and drive one. They want to use applications and if that just works fine they'll go with the chain that has the best and biggest offering. If that is Ethereum and ADA claims their algorithm is better, who will care? Only if something goes wrong will that ace play out.

[Cappex]

You're a newbie and you are kidding. 20$ Ada is highly impossible, I know that people say anything is possible in crypto but Ada is struggling to be above 2$ so 20$ will be insane. I'm just hoping that Ada might hit 3$ or 5$ max.

ADA is $2 without having smart contracts, this will open the door to new DeFi experiences, NFT and all the trends of ethereum and bsc in a project created for this: scalable, accessible and decentralized.
$20 dollars is conservative in my opinion.... #DYOR

$20 is achievable but I don't think it will be achieved at the end of this year. Try aiming for $5 first. But I can say, ADA platform is a promising one. They need to attract more projects that will be launched under their network. It has potential but need to be realistic first with your targets.

slow in its progress but Cardano is known by many, reliable and when smart contracts start it will be very interesting indeed.
Despite its high market cap, I see it as the valid alternative to Ethereum (without considering the momentary success of Binance smart chain)

[LUCKMCFLY]

I have reviewed a lot about Cardano, I have come across a good analysis in tradingview, as it seems to me that ADA has a good time to look for a bullish trend or at least enter a good bull run:

Cardano has formed a bullish falling wedge the last few days as the cryptocurrency markets fell over 15%. ADA must break above its top trend of the wedge to be considered bullish again. Major resistance of $2.08 must hold for ADA to continue up-trending. The price looks to stay within the ascending channel for more time as it has respected both trends for almost 3 weeks now.

Source: https://www.tradingview.com/chart/ADAUSDT/ZicaUAlR-ADA-Forms-Falling-Wedge-As-Crypto-Market-Takes-a-Hit/

I think it is a good time to buy ADA, if some have doubts, I hope this analysis will help you.

[wheelz1200]

Honestly people have to stop thinking in terms of usd and really pair it against bitcoin.  You need to think of the opportunity loss.  If bitcoin goes to $10k and cardano goes to $10 by the end of the year, but if bitcoin goes to $500k and cardano goes to $10 is it still a good thing?  Usd prices are all reletive, think in tes of seats and you will be on the right path.

[Why you bully me]

Honestly people have to stop thinking in terms of usd and really pair it against bitcoin.  You need to think of the opportunity loss.  If bitcoin goes to $10k and cardano goes to $10 by the end of the year, but if bitcoin goes to $500k and cardano goes to $10 is it still a good thing?  Usd prices are all reletive, think in tes of seats and you will be on the right path.

I like to put profit into monero

[inanilujimi]

the current price is too high for ADA, don't expect it to reach $ 20 by the end of the year, it won't be forever the price will continue to increase there must be a time of big correction. I know for sure that the bull market won't be around all year round.

[LUCKMCFLY]

Now it is more difficult for ADA to have such a spectacular pump, for now it is not possible, but I think that if it will happen this year, we will not be in a bearish trend all year, now in the short-term analyzes, at least for today it has dropped by 18%, this analysis shows:

Cardano (ADA) has tested the MA 50 and almost reached the MA 200 on the daily chart. While the altcoin keeps trading above $1.33, the bullish scenario remains relevant. Regarding the short-term prediction, the retest of the resistance at $1.763 may occur within the next few days.

Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-19

For now ADA is at a low price, but at any moment it can be lifted, ADA has a large following and a large community.

[LUCKMCFLY]

Updated:

Now ADA has a very good recovery, after BTC started its rally, Cardano is doing the same even above King BTC gaining 15%, this suggests that investors and ADA bulls their efforts are generating the good results , as shown in this short-term analysis:

Cardano (ADA) has almost recovered after yesterday's drop. As is the case with Bitcoin (BTC), the buying trading volume is not high, which means that one more decline may happen. In this regard, the drop may lead to the retest of the support at the $1.43 mark. Such a scenario is relevant for the upcoming days.

Source: https://u.today/btc-ada-bnb-and-doge-price-analysis-for-may-20

ADA represents one of the fastest growing coins, currently very successful, especially in bookmakers and casinos, Cardano is now highly sought after by players due to its low fees.