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.
Determining the target price to be achieved by ADA should indeed be done in stages, so that it is more realistic to achieve. That way investors
will be more enthusiastic and patient holding ADA, because if the target is too high it can make investors stressed and might think about investing
in other projects. I hope that ADA can at least return to the ATH price first, then I will determine the next target. That way I can be more patient
holding the ADA I have. To be able to make ADA increase faster, we really have to wait for the price of Bitcoin to reach new ATH, because after all
the increase in Bitcoin always affects the increase in altcoins.