I have been monitoring the slow but steady growth of Cardano(ADA) for the past 6 weeks. It has been accumulating impressive market Cap that places it amongst the top 5 and a high liquidity level that outpaces NEO, STELLAR, MONERO, DASH and EOS.
I forsee ADA having a tough time breaking the $1 barrier but after the getting to $2 would be a dash.
Where do you see ADA at the end of Q1 and Q2? 2018 - (do consider IOHK 2018 Delivery Roadmap)
Would love an analytical response.
Thanks.
I see that it is too much of a jump for ADA to go to $3 by end of Q1. Price wise it doesn't seem like much but when you consider it would mean the market cap 5xing it seems like much too much in a short period of time. I think more like an end of 2018 goal could be $3-$5.
Great analysis, I concur.
What happens if a major investor takes of a billion assets off the market just as the Asian Bank did to Ripple's XRP, will the same scenario that played out on ripple repeat on ADA?