Crypto Capital Venture Founder Adds Glue to His Followers After predicting that Cardano (ADA) price will surge more than 60% above $1 soon.
Dan Gambardello, founder of Crypto Capital Venture, predicted on February 27 on the X platform that the smart contract platform Cardano's ADA coin price will surge more than 60% and will trade above $1. Dollar coming soon (Current price is around $0.69)
Gambardello posted on his platform “We are in a cycle where people will sell a coin that is stagnant to buy another coin that just shot up 50%. Suddenly, the price of the newly purchased coin drops 20% and the newly sold coin jumps 50%. ”
However, Cardano's price movement in this cycle is not considered too dramatic. The price is up just 5.9% year-to-date (YTD), compared to Bitcoin's more than 40% gain, while Ethereum is up 45% in the same time frame.
However, the Cardano ecosystem has grown significantly over the years. Especially in terms of decentralized finance (DeFi), at the same time, the total value of locked assets (TVL) on decentralized applications (dApp) is also increasing. Let's wait and see. Will Cardano price live up to Gambardello's predictions?
