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Milk-alliance Trader Sentiment
Will MLK Reach $10?
To reach $1, MLK will need to rise 3x.
At $1, the target market cap will be approximately $0.36 billion.
If MLK were to rise at the pace of 25%, it will take approximately 6 years to reach $1.
- Quality of Investment– Moderate
- Time and Growth required to reach $10– Not Feasible
- Market Cap at $10– Not Feasible
Considering the criteria Quality of Investment, growth required and time required, MLK has a low chance of reaching $10. Also, the MLK coin reached its all-time high price of $3.7 in April 2021 where it grew by nearly 18.5 times in just two months (i.e., from the lowest price of $0.2 in February 2021).
Therefore, considering its 9.25 times growth in one month, we can say that the MLK coin needs only 2.11 months to reach a price level of $10. However, it is not practical, considering the current market conditions of economic factors. Hence, the MLK coin might take a few years (and not just 2 months) to reach that value.
Also Read: DKA Price Prediction
~Charu Taneja
Note:Please consult a registered investment advisor to guide you on your financial decisions.
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