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 thought it wouldn't happen, even if the mainnet of ADA is successful, then of course I'm still not sure if the price of ADA can reach $20 by the end of this year, because I think the price of ADA can reach $20 is very difficult for now (the current price is very far from $20) and I predict if the price of ADA may only reach $5 by the end of this year.
$5 is more realistic, however, I think the market has to be bullish as well in order for ADA to pump, otherwise, it's unlikely to pump if bitcoin will undergo a serious correction that may lead to a heavy dump. We know the drill here, the trend of bitcoin is normally followed by the altcoins.