Quote:
Originally Posted by |Zach|
ADA seems like it’s doing a lot of things well. I am jumping into ALGO as something with growth potential.
Are smart contracts and all the business related applications of Cordana really going to boost ADA?
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Eth gas fees are too high and ADA has that solved. Lot being build on ADA including bridges that will let some of the Eth contracts be run on ADA using the ADA fees. Eth 2.0 is on the horizon at some point though. So Eth has a big headstart and some people will wait on Eth 2.0. I still feel like ADA has a very real possibility of taking the number 2 spot. Not this year but maybe in the next 5.
On just dollars, lots of people think ADA could hit 5-10 this year. I do think 5 has a very good chance of happening. I think it'll go to 3.50 this week and I think there'll be a pullback close to the 12th sometime. Then I think we'll see a bit more of a run up in Oct/Nov.
That's a lot of "I thinks". I'm watching it everyday and trying to get a good grasp on it but honestly who knows. It could all crash tomorrow.