Post
Topic
Board Speculation (Altcoins)
Re: Can Cardano really reach 20$+ near end of year?
by
wheelz1200
on 22/08/2021, 19:31:23 UTC
I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

Honestly it's tough to price predict alts because of the reliance on bitcoins price.  If bitcoin goes over 100k I can see cardano getting to like max $10 but what if bitcoin goes to 20k?  $20 seems insane of a price valuation.  So it's a little silly trying to Guage altcoin prices in usd.  Peg them to sats and its a little easier.