Thursday, April 25, 2024
HomeCryptocurrencyCrypto Capital Venture Founder: Cardano (ADA) Will Probably Hit $10 a Lot...

Crypto Capital Venture Founder: Cardano (ADA) Will Probably Hit $10 a Lot Sooner than Most Think

Dan Gambardello, the founder of the popular YouTube channel Crypto Capital Venture, has once again showcased his faith in the future prospect of Cardano (ADA), the sixth-largest cryptocurrency by market cap.

The widely followed crypto analyst and trader said this in a tweet a couple of hours ago. This tweet comes at a time when the Cardano project is being vastly criticized at every corner of the crypto community.

Whale Alert

Read Also: Crypto Capital Ventures Founder Describes Cardano as the Most Sound, Secure, and Scalable Blockchain

Dan Gambardello tweeted, “ADA will probably hit $10 a lot sooner than most think.”

In the same thread of tweets, he explained further that an ADA price of $10 will only take the market capitalization of Cardano to around $330 billion, which is attainable if Ethereum’s valuation when it attained its price all-time high of over $4,000 is put into consideration.

Gambardello added, It would only be around $330 billion. Part of the problem is that people don’t do the math correctly.”

Also, on the 1st of June, Gambardello tweeted that he found it amusing that some people think it’s impossible for Cardano (ADA) market cap to reach $1 trillion, despite the fact that Ethereum’s market cap was once standing above $500 billion.

Gambardello stated, It’s funny that people think it’s impossible for Cardano to reach $1 trillion market cap. Ethereum already reached over half of that & the crypto games are just beginning. I know it’s oddly controversial, but yes, I’m comparing ADA & ETH.”

Read Also: CCV Founder: Cardano is the Biggest Sleeping Giant in Crypto; ADA Is Going to Explode

Likewise, on the 12th of May, the Crypto Capital Venture founder pointed out that Cardano is “silently positioning itself as the most sound, secure, & scalable blockchain.”

In a tweet on the 13th of May, the popular YouTuber also concluded that Cardano (ADA) has since been undervalued:

<

“I am 100% aware ADA underperforms in downtrends. People don’t realize that this is one reason I like it so much. Because while it does underperform in downtrends, it outperforms in uptrends. This means that we now have a way undervalued asset with most upside potential.

“This is my take on the market. This is my approach. This is my opinion based on my risk appetite and what I view as compelling opportunity. It’s not advice to anyone to go out and buy ADA. Please be careful out there.”


Follow us on Twitter, Facebook, Telegram, and Google News

Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
RELATED ARTICLES

Latest News & Articles