As per some sources of
Cardano Price Prediction, ADA is expected to grow much more than $10. What are your thoughts?
This coin has a lot of potentials and we can take the all-time chart of ADA and how it was going crazy from the bottom to the top coin list.
It's quite difficult to reach such price but when bitcoin is very bullish and then it's not an impossible thing. It has a very good community and fundamental. $10 can be achieved maybe at the end of this year.
Bitcoin being so bullish is no good news for the altcoins. If we study the previous market movements, we can see that the dominance of altcoins falls when bitcoin is on the bull run and altcoins bleed for a while before catching up. If bitcoin grows at a slow and consistent rate, altcoins will make their way to the top along with it. I would still say that reaching the $10 mark is highly unlikely for cardano even 3-4 years down the line.
So,it’s nearly impossible for it to cross that mark at the year of this year 2020. ADA has that potential, but it still has to unleash a lot of it before investors decide to pour their money in it.