Post
Topic
Board Speculation (Altcoins)
Re: Cardano run $200
by
michellee
on 17/10/2021, 02:24:14 UTC
I am a believer in the future of ADA, but to reach the $200 target is not realistic. With the current price of ADA at $2, the target of $20-$30 is
still quite difficult to achieve. Even though ADA has good volume and community, it's still not enough to get ADA to rise to its $20-$30 target.
Here the role of the development team is very decisive, how they can make ADA make updates that can attract more investors. However
successful projects require a lot of investors who believe in these projects, and I believe ADA has the opportunity. Therefore, I recommend ADA as
one of the projects that are worthy of holding in the long term.
Reaching $200 for ADA will be a dream for many ADA investors but that is too high for now and maybe ADA needs longer to lift the price step by step. But could be possible as in the crypto market, the undervalued coin can achieve a high price in the future and we already saw it many times. If ADA can increase the support from the community like what Ethereum id, ADA can increase the price in the short term but still, ADA needs time before it can surpass the high price.

The update of ADA does not give a big result in the price because the crypto market is not yet in the big bullish run. Maybe after bitcoin reaches the new ATH, ADA can increase faster and break the last ATH.