Post
Topic
Board Speculation (Altcoins)
Re: Will Cardano (ADA) coin hit $10 During 2021?
by
heyhat
on 26/02/2021, 23:19:06 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, it may help. 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.

Hoskinson told he will never allow the burning of a single ADA. So burning is out of the question.

100 billion market cap is possible for ADA. So ADA may be the third project which exceeds 100Billion dollar cap. 10 dollars is the target of the next bull run I guess.