Post
Topic
Board Speculation (Altcoins)
Re: Can Cardano really reach 20$+ near end of year?
by
stadus
on 28/08/2021, 12:41:53 UTC
No one will be sure what the value of ADA can achieve, it is priced from the market basis.  ADA trends are pretty good for their own smart contract development news.  That hit a huge volume for ADA the past 2 weeks.  It's an impressive development on their promise.  But hitting $20 this year is really unlikely.  If institutional investors decide to integrate into ADA then based on market trend it could hit $8 I guess

That's a big dream that is unlikely to happen, you know, when we make a target price, we should not only consider the movement of ADA, but also the movement of other major altcoins and most especially bitcoin, because if bitcoin is bearish, then most probably ADA would just follow the trend.