{"id":565528,"date":"2023-12-15T15:00:04","date_gmt":"2023-12-15T15:00:04","guid":{"rendered":"https:\/\/ktsl888.com\/?p=565528"},"modified":"2023-12-15T10:45:59","modified_gmt":"2023-12-15T10:45:59","slug":"cardano-will-rise-to-32","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cardano\/cardano-will-rise-to-32\/","title":{"rendered":"Crypto Expert Says Cardano Will Rise To $32 As Most Valuable Altcoin In The Bull Run, Here\u2019s Why"},"content":{"rendered":"

Crypto expert Jason Appleton<\/span><\/a>, better known as Crypto Crow in the crypto community, has provided an in-depth analysis of the <\/span>Cardano (ADA)<\/span><\/a> ecosystem. Based on his analysis, he predicts that the crypto token could hit unprecedented heights as he asserted his bullishness on ADA <\/span>going into the bull market<\/span><\/a>.\u00a0<\/span><\/p>\n

Cardano Will Rise To $32<\/h2>\n

In a <\/span>post<\/span><\/a> shared on his X (formerly Twitter), Crypto Crow explained in an accompanying video why he believes ADA will rise to $32 in the bull market. According to him, this price level is attainable in the \u201c<\/span>most prime of conditions<\/span><\/a> by the peak of this bull market cycle.\u201d He also believes that the crypto token could be one of the most valuable altcoins in that period.\u00a0<\/span><\/p>\n

Related Reading: XRP Bull Run Confirmed: Largest Bull Flag In Crypto History Just Formed<\/a><\/div>\n

In the video that accompanied his post, Crypto Crow drew out a hypothetical scenario to drive home his point of ADA hitting $32. In his scenario, <\/span>ADA could hit this price level<\/span><\/a> if Bitcoin were to achieve a $10 trillion market cap, as he projects that this would put ADA\u2019s own at $400 billion. Meanwhile, he believes that ADA\u2019s dominance could rise to as high as 4% in that period.\u00a0<\/span><\/p>\n

For his more conservative prediction, he foresees ADA hitting at least $16 in the next bull cycle. Based on his hypothetical scenario, this would happen if Bitcoin were to hit a market cap of $5 trillion, as this would put ADA\u2019s own market cap at $200 billion.\u00a0<\/span><\/p>\n

The crypto expert also <\/span>referred to the charts<\/span><\/a> to show why he is so bullish on ADA. He noted that ADA is already performing better based on historical patterns, as he alluded to 2017 in particular. In the relatively short term, Crypto Crow sees ADA hitting $10 by August 2024, as he highlighted the Bitcoin Halving as a major factor in this regard.\u00a0<\/span><\/p>\n

\"Cardano<\/p>\n

ADA trending at $0.63 | Source: ADAUSD On Tradingview.com<\/a><\/pre>\n
Cardano\u2019s DeFi Landscape Could Be The Trigger<\/h2>\n
Dan Gambardello, the founder of Crypto Capital Venture, had <\/span>previously highlighted<\/span><\/a> how Cardano\u2019s growing DeFi landscape important was. He noted that it would be one of the factors that would propel ADA\u2019s price to <\/span>significant heights<\/span><\/a> in the next bull run. This is a real possibility, as Cardano has seen impressive growth in this regard.<\/span><\/p>\n
Related Reading: Ethereum Supply Turns Deflationary Post-Merge, Here\u2019s How Much ETH Has Left Circulation<\/a><\/div>\n
Data<\/span><\/a> from DeFiLlama shows that the Total Value Locked (TVL) on the network has been on a <\/span>steady rise<\/span><\/a> since the beginning of the year. It recently hit an all-time high (ATH) of $444 million. At the time of writing, the TVL on the network stands at just over $429 million.\u00a0<\/span><\/p>\n
Crypto analyst Psyclops also factored this into mind when he <\/span>recently suggested<\/span><\/a> that ADA could rise to as high as $10. He highlighted the fact the network undoubtedly has more utility than when the last bull run occurred. One of these use cases, which he alluded to, is the \u201cmassive DeFi\u201d that Cardano now has.\u00a0<\/span><\/p>\n
Featured image from The Daily Hodl, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto expert Jason Appleton, better known as Crypto Crow in the crypto community, has provided an in-depth analysis of the Cardano (ADA) ecosystem. Based on his analysis, he predicts that the crypto token could hit unprecedented heights as he asserted his bullishness on ADA going into the bull market.\u00a0 Cardano Will Rise To $32 In a post shared on his X (formerly Twitter), Crypto Crow explained in an accompanying video why he believes ADA will rise to $32 in the bull market. According to him, this price level is attainable in the \u201cmost prime of conditions by the peak of this bull market cycle.\u201d He also believes that the crypto token could be one of the most valuable altcoins in that period.\u00a0 Related Reading: XRP Bull Run Confirmed: Largest Bull Flag In Crypto History Just Formed In the video that accompanied his post, Crypto Crow drew out a hypothetical scenario to drive home his point of ADA hitting $32. In his scenario, ADA could hit this price level if Bitcoin were to achieve a $10 trillion market cap, as he projects that this would put ADA\u2019s own at $400 billion. Meanwhile, he believes that ADA\u2019s dominance could rise to as high as 4% in that period.\u00a0 For his more conservative prediction, he foresees ADA hitting at least $16 in the next bull cycle. Based on his hypothetical scenario, this would happen if Bitcoin were to hit a market cap of $5 trillion, as this would put ADA\u2019s own market cap at $200 billion.\u00a0 The crypto expert also referred to the charts to show why he is so bullish on ADA. He noted that ADA is already performing better based on historical patterns, as he alluded to 2017 in particular. In the relatively short term, Crypto Crow sees ADA hitting $10 by August 2024, as he highlighted the Bitcoin Halving as a major factor in this regard.\u00a0 ADA trending at $0.63 | Source: ADAUSD On Tradingview.com Cardano\u2019s DeFi Landscape Could Be The Trigger Dan Gambardello, the founder of Crypto Capital Venture, had previously highlighted how Cardano\u2019s growing DeFi landscape important was. He noted that it would be one of the factors that would propel ADA\u2019s price to significant heights in the next bull run. This is a real possibility, as Cardano has seen impressive growth in this regard. Related Reading: Ethereum Supply Turns Deflationary Post-Merge, Here\u2019s How Much ETH Has Left Circulation Data from DeFiLlama shows that the Total Value Locked (TVL) on the network has been on a steady rise since the beginning of the year. It recently hit an all-time high (ATH) of $444 million. At the time of writing, the TVL on the network stands at just over $429 million.\u00a0 Crypto analyst Psyclops also factored this into mind when he recently suggested that ADA could rise to as high as $10. He highlighted the fact the network undoubtedly has more utility than when the last bull run occurred. One of these use cases, which he alluded to, is the \u201cmassive DeFi\u201d that Cardano now has.\u00a0 Featured image from The Daily Hodl, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":565538,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,89347,84005,86092,14643,79508,167,12332,89230,12329,6664,26263,14690],"class_list":["post-565528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-news","tag-ada-price","tag-ada-price-prediction","tag-adausd","tag-adausdt","tag-analyst","tag-cardano","tag-cardano-news","tag-cardano-price","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\nCrypto Expert Says Cardano Will Rise To $32 As Most Valuable Altcoin In The Bull Run, Here\u2019s 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Expert Says Cardano Will Rise To $32 As Most Valuable Altcoin In The Bull Run, Here\u2019s Why","url":"http:\/\/ktsl888.com\/news\/cardano\/cardano-will-rise-to-32\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/cardano\/cardano-will-rise-to-32\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/12\/Cardano-Small.jpeg?resize=200%2C188","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/12\/Cardano-Small.jpeg?fit=320%2C188"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada","ada news","ada price","ada price prediction","adausd","adausdt","analyst","cardano","cardano news","cardano price","crypto","crypto analyst","crypto news"],"dateCreated":"2023-12-15T15:00:04Z","datePublished":"2023-12-15T15:00:04Z","dateModified":"2023-12-15T15:00:04Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Expert Says Cardano Will Rise To $32 As Most Valuable Altcoin In The Bull Run, Here\\u2019s Why\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-will-rise-to-32\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-will-rise-to-32\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Cardano-Small.jpeg?resize=200%2C188\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Cardano-Small.jpeg?fit=320%2C188\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada\",\"ada news\",\"ada price\",\"ada price prediction\",\"adausd\",\"adausdt\",\"analyst\",\"cardano\",\"cardano news\",\"cardano price\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"dateCreated\":\"2023-12-15T15:00:04Z\",\"datePublished\":\"2023-12-15T15:00:04Z\",\"dateModified\":\"2023-12-15T15:00:04Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/12\/Cardano-Small.jpeg?fit=320%2C188","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/565528"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=565528"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/565528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/565538"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=565528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=565528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=565528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}