Post
Topic
Board Speculation (Altcoins)
Re: Can Cardano really reach 20$+ near end of year?
by
Moeda
on 29/08/2021, 21:55:33 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?

If the ADA coin reaches $20 by the end of the year of course the market cap reaches $642,906,962,820 and this is already 1/3 of the current market cap of Bitcoin, or twice the current market cap of Ethereum. Is it possible that ADA will reach that number. If so, then the price of Ethereum must reach $6,500 to be able to maintain the position of two Coinmarketcap.