Earlier today, Gambadello, who is a huge fan of Cardano, the host of the very popular YouTube channel “Crypto Capital Venture“, and a respected member of the Cardano community, told his over 229K Twitter followers:
Next, he explained that $ADA’s price reaching $10 would make Cardano’s market cap would only be around $330 million:
Of course, even $330 billion is 50% more than Ethereum’s current market cap, which is roughly $220 billion, but then there are several crypto analysts, such as “Crypto Jebb”, who believe that Cardano could flip Ethereum:
On Monday (June 6), Gambardello said that $ADA is “on the verge of a breakout”, and that he is expecting a “massive” price rally.
On June 1, Gambardello tweeted that he founded it amusing that some people think it is impossible for $ADA’s market cap to reach $1 billion, even though Ethereum’s market cap has been as high as $500 million.
On May 12, he said that Cardano is “silently positioning itself as the most sound, secure, & scalable blockchain.”
Regarding $ADA’s performance during the current bear market, he had this to say on May 13:
“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.“
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
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