Post
Topic
Board Speculation (Altcoins)
Re: Will Cardano (ADA) coin hit $10 During 2021?
by
Twinkledoe
on 26/02/2021, 23:04:36 UTC
With current total market cap it looking impossible to hit $10 by the end of the year. It all depend on BTC's growth how much it will gain during this cycle if its market cap will be above $5 trillion than ADA has good chance to hit that level otherwise it could take few year or until the next cycle.
That's right, I totally agree that it all depends on the growth of BTC in the market, because now everyone can see when BTC is experiencing a correction in a few percent, then others will always follow it including ADA tokens.
Reaching $10 is high, Im expecting it to see $5 with it's total market cap indeed. Although many users are into Ada these days staking theirs through wallet I don't think $10 is achievable unless they will burn supply. Well, also depends on btc but let's see this year a lot of things could happen.

I don't think $10 is possible this year. Be realistic with your goals here. Aim for at least $3-5 first. Yes, I do agree if they will burn some of their supply. Though ADA tokens are quite promising in the market. It would take a lot of hard work and progress from their side before we can see their price in tenfold.