#MyFirstFeedPost Hello Binance users
Many analysts have issued bullish Cardano price predictions for next year, with some pointing to price targets as high as $30 from the current level of $0.38. It's worth noting that Cardano's all-time high was just above the $3 mark in 2021.
An example of a bullish Cardano price prediction for 2025 and beyond comes from X platform analyst Lucid (Twitter), who notes that ADA could reach $14.
Lucid's price prediction is based on Cardano's dominance of the crypto industry increasing from around 1% to 5% and the total market capitalization of this space reaching $10 trillion in the near term. If Cardano's dominance and market growth materialize, Cardano will have a market capitalization of $500 billion.
Lucid notes that if Cardano retains a 1% dominance in the market, its market capitalization will reach $100 billion, meaning each token will increase to the $3 mark.
Another important price prediction comes from trader FieryTrading, who believes that the price of the cryptocurrency could skyrocket more than 10,000% in the next two years. This prediction is based on the cryptocurrency price ârising almost in a straight lineâ after recovering from support in a trading pattern known as a parallel channel.
This channel is defined by a line drawn between two bull market tops, which is then replicated towards the bottom. According to this forecast, Cardano price is likely to reach $35 in the future.
3 altcoins to invest in 2024 with an average Mcap of
1- Sol
2- ADA
3 - XRP
3 small mcap altcoins to note and buy
1- SC
2 - Sei
3- Pepe
