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Author Topic: How can Cardano achieve $ 5 ?  (Read 260 times)
robinator (OP)
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September 19, 2021, 04:06:56 PM
 #1

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
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September 19, 2021, 04:49:47 PM
 #2

I doubt that it will replace ETH as ETH is a prime mover in the crypto sphere. So that will not be the first point of ADA, let is run and let investors find its way to them, not as competitor to ETH but as a project can become an alternative to the issues of ETH.

As far as the price achieving $5, just like what the devs behind are doing, continue to improve the project itself, release every iteration and better the previous one and then maybe investors will suddenly pour their money on them pushing the price in upward trajectory at the end of this year and the next coming years. It should be step by step and not rush thing to get tot $5.

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September 19, 2021, 04:59:41 PM
 #3

Don't think about replacements. If you're goal is just to see it at a certain price like $5. Then, it only has to go more little of its half than it is today.

Ethereum is still superior and if there's another one that will replace, it won't be cardano.

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September 19, 2021, 06:22:58 PM
 #4

Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees?  Huh

Prior to Cardano, perhaps Solana would have been more appropriate to replace Ethereum in terms of GAS fees and with their fairly successful project building Solana to a level that was much more noticed by big investors. I saw after ADA created its own network and so far no significant development has been seen in the period after opening. In fact, the price is quite far from the price before they launched the private network. Meanwhile, Solana is already ahead of ADA in terms of development.

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September 19, 2021, 07:22:00 PM
 #5

Ada will surely hit $5 but need to be patience.  Prediction says  very 1st period of October it will increase  at $2.89 to - 3.63 . I think if bitcoin take stable position above 50k  may be all altcoin will hit n reach on its ATH .

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September 19, 2021, 09:11:14 PM
 #6

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

Ethereum is a Decentralized platform and it's better than ADA, I can't compare the two in detail, but if you ask the price? then each coin can be pumped and Hype will push the price of the coin to reach new ATH.
You can see other Dapps like Tron which have been doing well for years, but the price is still under $1 and ADA is currently with a large supply going up fast, let's wait for the cardano team to do the Alonso Fork and don't forget to keep an eye on the prices Ethereum, because Ethereum is currently the King of altcoins it will have a limited supply and it will increase the price of the ethereum coin.

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September 19, 2021, 09:40:44 PM
 #7

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

Where came those forecasts? Which concept they use to predict?
Predict the future can be tricky, sometimes things do not happen as expected.
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September 19, 2021, 09:41:11 PM
 #8

Ada will surely hit $5 but need to be patience.  Prediction says  very 1st period of October it will increase  at $2.89 to - 3.63 . I think if bitcoin take stable position above 50k  may be all altcoin will hit n reach on its ATH .

It always need a patience because we can’t go up all the time and still we depend to Bitcoin so if there’s no price update with Bitcoin and if there’s no bullish signal then we can’t go up to that level. ADA is a good project, $5 is really attainable in the right time so have your patience always and wait for future updates of ADA.
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September 19, 2021, 10:40:34 PM
 #9

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

Most people are expecting a lot from ADA because of the smart contracts and all that, which is good in a way, as humans anticipate good things, but it is also very important to know that, things can work sideways especially in this crypto space. The smart contracts is yet to be tested and this is what will determine how far the ADA coin will get to, and so far it is yet to be tested a lot of people will have their reservations just to be on the safer side.
However to answer some of the questions, no expert will tell you when ADA will get to $5, you can only invest, think long term and watch it actualize. Secondly, no matter what ADA team offers and work on, it will hardly position itself to overtake Ethereum. Moreover, other blockchain networks with lesser fee and with already built blockchain network are yet to do it, let alone ADA.

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September 19, 2021, 10:55:42 PM
 #10

Max Supply: 45,000,000,000

yes wait $5 will be a long road that will have to be traveled with so much coin that there is no wonder have this price of $2 yet. I don't know why need to have so much coin. well i'm not an expert in this area so i don't understand why have so many coins, but don't expect $5 so soon

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

Where came those forecasts? Which concept they use to predict?
Predict the future can be tricky, sometimes things do not happen as expected.

It is clear that this prediction is from someone who is dreaming big so soon

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September 19, 2021, 11:11:56 PM
 #11

But what will make it achieve $ 5 and when will it happen?
It will reach $5 caused by the adoption. These days the adoption rate for the ADA smartcontract was not so high compared with another blockchain like BSC. The daily transaction is still less compared with the BSC.
None knows about when ADA will reach $5 and only the time will tell us.

Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees?  Huh
I will not. There's no reason for ADA to replace ethereum. i do believe that if these platforms will be co-exist instead of replacing one and each other. The competition was very strict but there's no way for new platform to destroy the old one. So many old stories about this happened in the past but the result will always be the same if ethereum will become the big crypto .

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September 19, 2021, 11:22:15 PM
 #12

Don't think about replacements. If you're goal is just to see it at a certain price like $5. Then, it only has to go more little of its half than it is today.

Ethereum is still superior and if there's another one that will replace, it won't be cardano.
ETH is still the top, this is the reality and even if ADA hits $5 it wont still replace ETH. We need to hear good updates, a strong one for Cardano to reach such price and it may take time for sure. Also, if there’s no bull market we can’t have that one even a strong project can’t go that much if we’re on a bear trend.
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September 19, 2021, 11:31:43 PM
 #13

Consider it as a supplement rather than a replacement, as both of them are performing admirably at the moment.

Many projects are being developed in ERC20, and development in ADA is still ongoing, so both are moving forward at the moment, and developers are doing their best to make these coins and their blockchain more beneficial for users. ADA is a good project; I'm an ADA investor, and their goal is extremely entertaining; even the roadmap suggests that they may reach the top like other altcoins like BNB and ETH.
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September 19, 2021, 11:52:32 PM
 #14

When do you think Cardano to reach $5? If you mean the maximum price to reach this month, it is difficult to reach. I know Cardano is a good coin and many people are interested to invest their money there. But Cardano isn't free from the case against SEC. This probably can be the obstacle for Cardano to soar instantly. I think Cardano just can reach $2.5 this month, and $3 in the next month.
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September 20, 2021, 01:36:24 AM
 #15

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
Thats a big challenge to them but Im gonna bet my money it wouldnt happened. Ethereum is build and famous among cryptocurrency community. Beating it is like needing the support of everyone using it, so do you think it can be done easily? As far as we know cardano still have problem with their net integration, and its not gonna be an easy task to atrract users of eth to migrate to cardano just like that.

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September 20, 2021, 01:44:03 AM
 #16

I believe that number is possible for Cardano (Ada) too, ADA got a high market cap now but there are new competitors that keep popping. And not only Cardano experience this, but also Ethereum. Which is a smart contract platform too.
This kind of huge percentage increase can be achievable, but we should also consider Bitcoin because most of the high market cap coins now are following Bitcoin, so I once Bitcoin will create a new all-time-high I believe the $5 for ADA is achievable.

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September 20, 2021, 02:05:15 AM
 #17


Since it got its rank up base on its cap, ADA has more to offer than any project out there. However, the price dips after this Alonzo update. Looks pretty normal to me since the market is just overbloated.

It may take weeks before jumping up again. Traders are more confident now that they have gathered a lot of ADA and maintains it on the exchange so they could accumulate more of it. They will not stake but just accumulate ADA through trading thinking its market is very predictable.

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September 20, 2021, 02:24:44 AM
 #18

Cardano is waxing strong. It has the attributes that can make its value grow even higher. At Coinmarketcap, Cardano price is $2.25 as at 20/09/2021. Cardano blockchain have some similarity to that of Ethereum such as -the ability to establish smart contracts as well as DApps, etc. Though, Cardano is new in terms of having smart contracts and DApps in its blockchain when compared to Etheruem, it has some advantages over Ethereum. (See post:  https://bitcointalk.org/index.php?topic=5359583.msg57924648#msg57924648). While Ethereum blockchain is made of Proof-of-work, Cardano blockchain is Proof-of-Stake. Proof-of-Stake has some advantages over Proof-of-Work.

Ethereum is working towards being Proof-of-Stake (Project: Ethereum: 2.0), but Cardano is alreeady Proof-of-Stake. The comparison is necessary so that we can see the potentials of Cardano growing. I think Cardano can make it to $5 in about one year from now - hopefully if more DApps and Smart Contracts are built on its blockchain.

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September 20, 2021, 02:28:04 AM
 #19

It is possible for Cardano (ADA) to reach $5. That will happen if the next bull run will be so huge even the top altcoins like Cardano (ADA) will benefit from it. But let us not continue to position the Cardano project as a replacement of Ethereum. Let Cardano be Cardano and Ethereum be Ethereum. Ethereum has made a lot of things in the crypto industry already. Cardano came late and has not yet accomplished the achievements of Ethereum. The gas fee issue is never enough for Ethereum to be replaced with any other altcoin.
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September 20, 2021, 02:54:14 AM
 #20

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
cardano is a good coin and having a great year this 2021 but expecting a much bigger price will be depending on how this market reacts because Bitcoin is still the deciding factor.
there might be opportunity because of Ethereum high fee that people will convert using ADA instead but the thing is the support for ethereum specially new project is indeed still upgrading and now that NFP is also taking close to ETH network.
so I think if there is highest ADA can reach this year is 3$ and that 5$ target will take another years to achieved .









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