Could you please enlighten me on the potential of Cardano's native token, ADA, reaching the $10,000 mark? Given its current performance and the evolving landscape of cryptocurrency, is such a feat conceivable? I'm curious to understand the underlying factors that could drive its value upward, as well as any obstacles that might hinder its path to such a significant milestone. Your expertise in this field would be invaluable in shedding light on this question.
7 answers
Claudio
Tue May 14 2024
Just know, in my opinion, there's potential for ADA to achieve significant growth.
Michele
Tue May 14 2024
If ADA succeeds in overcoming the SEC case, it could pave a new path for the coin.
Riccardo
Tue May 14 2024
Registering with the CFTC would further legitimize ADA's position in the crypto market.
JejuJoy
Tue May 14 2024
Retaining its status as a top 3 L1 coin is crucial for maintaining its market value.
Lucia
Mon May 13 2024
In the long term, if these milestones are achieved, I believe ADA has the potential to hit $1.2 trillion in FDMC.