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Author Topic: How can Cardano achieve $ 5 ?  (Read 260 times)
TimeTeller
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October 13, 2021, 10:29:13 PM
 #41


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.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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October 13, 2021, 11:10:11 PM
 #42

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.

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October 13, 2021, 11:20:17 PM
 #43

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

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October 13, 2021, 11:59:36 PM
 #44

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$.
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October 14, 2021, 12:01:21 AM
 #45

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$..









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October 14, 2021, 02:18:37 AM
 #46

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.

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October 14, 2021, 02:51:24 AM
 #47

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.









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October 14, 2021, 02:53:28 AM
 #48

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!
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