YuninG2020
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This round, the $8 to $10 for $ada is not visible.
In my personal opinion, it is unlikely for the current market value of 25 billion to grow 17 times to 400 billion.
Since there is the concept of diminishing returns, as the market value of ada gradually increases, its volatility will decrease, and the asset will tend to stabilize.
If ada really can reach $8 to $10, then it will rebound to the Fibonacci 4.236 level. In the previous cycle, when the market value was small, it only rebounded to the 2.618 level, so how could it possibly reach the 4.236 level, which is 400 billion?
In my personal opinion, it is unlikely for the current market value of 25 billion to grow 17 times to 400 billion.
Since there is the concept of diminishing returns, as the market value of ada gradually increases, its volatility will decrease, and the asset will tend to stabilize.
If ada really can reach $8 to $10, then it will rebound to the Fibonacci 4.236 level. In the previous cycle, when the market value was small, it only rebounded to the 2.618 level, so how could it possibly reach the 4.236 level, which is 400 billion?
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