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?
I think the popularity of the market is indeed Cardano right now, their assessment may be different because the speculation on the price of Cardano is very different from day to day, but for me that's what they say is wrong.
It's really impossible if we don't believe bitcoin and ETH would pump 10x to 50x of its current price now. If we let Carnado pump while coins that are on top of it are struggling, that means Cardano will be on the top, and bitcoin and ETH will go down. This is impossible for now because we are based on the current price of the leading coins, but if eventually, the market will continue to grow, we might see some major growth that we are not expecting now.