Charles Hoskinson forecasts that the price of ADA could soar to between 3 USD and 10 USD if Input Output Global successfully completes its roadmap. He indicated the possibility of a price rally ranging from 300% to 1300%.
Currently, ADA is trading at around 0.7044 USD, showing minimal daily fluctuations. Holding above 0.70 USD could lead to a resistance target of 0.764 USD or even 1.00 USD.
Hoskinson highlighted the critical need for community engagement and financial backing for future growth. He believes that without guaranteed funding, the success of advanced scaling projects may be jeopardized.
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