{"id":574214,"date":"2024-02-09T22:00:21","date_gmt":"2024-02-09T22:00:21","guid":{"rendered":"https:\/\/ktsl888.com\/?p=574214"},"modified":"2024-02-09T12:26:25","modified_gmt":"2024-02-09T12:26:25","slug":"cardano-ada-top-altcoin-pick","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cardano\/cardano-ada-top-altcoin-pick\/","title":{"rendered":"Why Cardano (ADA) Is A Top Altcoin Pick In The Next Bull Run"},"content":{"rendered":"

Dan Gambardello<\/span><\/a>, the founder of Crypto Capital Venture, has laid out a bullish narrative for Cardano going into the <\/span>next bull run<\/span><\/a>. Based on his analysis, the crypto token has the potential to be one of the <\/span>best-performing coins<\/span><\/a> during that period.\u00a0<\/span><\/p>\n

History Could Repeat Itself For Cardano<\/h2>\n

In a <\/span>video<\/span><\/a> posted on his YouTube Channel, <\/span>Gambardello<\/span><\/a> mentioned how Cardano was currently in the same technical area it was in the last two market cycles before the <\/span>Bitcoin Halving<\/span><\/a>. He further noted that on those two occasions, ADA managed to surpass expectations and ended up clocking a new all-time high (ATH) in the process.\u00a0<\/span><\/p>\n

Related Reading: Crypto Analyst Predicts Bitcoin To $100,000 But Says Cardano Is Dead, Here\u2019s Why<\/a><\/div>\n

Specifically, ADA is said to have seen a 2700% gain on its way to its current ATH of $3 after the 2020 Bitcoin Halving. Gambardello believes that this <\/span>time will be no different<\/span><\/a> despite ADA being significantly down from its ATH. Although he was trying to be cautious with his price predictions, he raised the possibility of Cardano seeing an 1800% gain on its way to $10 in the next bull run.\u00a0<\/span><\/p>\n

Interestingly, that isn\u2019t the crypto analyst\u2019s most bullish prediction so far. He once stated that <\/span>ADA could rise to $11<\/span><\/a> at a market cap of $400 billion. Then, he hinted that ADA could enjoy a similar run as ETH did in the last bull run due to its DeFi functionalities.\u00a0<\/span><\/p>\n

This time around, he once again made the <\/span>ADA and ETH comparison<\/span><\/a>, noting that the former hitting a market cap of $350 billion in the next bull run is still way less than ETH\u2019s market cap in the last bull run.\u00a0<\/span><\/p>\n

\"Cardano<\/p>\n

ADA price at $0.54 | Source: ADAUSD on Tradingview.com<\/a><\/pre>\n

Bitcoin Halving Is The Key To Unlocking The Next Bull Run<\/h2>\n

Before now, Gambardello <\/span>had hinted<\/span><\/a> that the Bitcoin Halving was going to kickstart the <\/span>next bull run<\/span><\/a>. In his recent video, he once again suggested that the next bull run was going to start after the <\/span>Halving in April<\/span><\/a>, noting how the bull cycles always take place after this event. He further highlighted how the Bitcoin chart was also indicating that the next bull run is imminent.\u00a0<\/span><\/p>\n

Related Reading: Chainlink Breeds New Whales As $49.9 Million Accumulation Spree Cause Prices To Surge<\/a><\/div>\n

According to the crypto analyst, \u201ca simple zoom out on a Bitcoin chart\u201d shows that there is so much to be bullish about. Altcoins are not left behind, as Gambardello also claimed that the charts of altcoins like <\/span>ADA and ETH<\/span><\/a> suggested that something was getting ready to happen, implying that a massive rally was on the horizon.\u00a0<\/span><\/p>\n

Meanwhile, Gambardello wasn\u2019t only bullish on the crypto market from a technical analysis perspective. He alluded to fundamentals like <\/span>recent developments<\/span><\/a> around the <\/span>Spot Bitcoin ETFs<\/span><\/a>, which show increased demand for the flagship crypto token, Bitcoin.\u00a0<\/span><\/p>\n

Featured image from CryptoNewsZ, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Dan Gambardello, the founder of Crypto Capital Venture, has laid out a bullish narrative for Cardano going into the next bull run. Based on his analysis, the crypto token has the potential to be one of the best-performing coins during that period.\u00a0 History Could Repeat Itself For Cardano In a video posted on his YouTube Channel, Gambardello mentioned how Cardano was currently in the same technical area it was in the last two market cycles before the Bitcoin Halving. He further noted that on those two occasions, ADA managed to surpass expectations and ended up clocking a new all-time high (ATH) in the process.\u00a0 Related Reading: Crypto Analyst Predicts Bitcoin To $100,000 But Says Cardano Is Dead, Here\u2019s Why Specifically, ADA is said to have seen a 2700% gain on its way to its current ATH of $3 after the 2020 Bitcoin Halving. Gambardello believes that this time will be no different despite ADA being significantly down from its ATH. Although he was trying to be cautious with his price predictions, he raised the possibility of Cardano seeing an 1800% gain on its way to $10 in the next bull run.\u00a0 Interestingly, that isn\u2019t the crypto analyst\u2019s most bullish prediction so far. He once stated that ADA could rise to $11 at a market cap of $400 billion. Then, he hinted that ADA could enjoy a similar run as ETH did in the last bull run due to its DeFi functionalities.\u00a0 This time around, he once again made the ADA and ETH comparison, noting that the former hitting a market cap of $350 billion in the next bull run is still way less than ETH\u2019s market cap in the last bull run.\u00a0 ADA price at $0.54 | Source: ADAUSD on Tradingview.com Bitcoin Halving Is The Key To Unlocking The Next Bull Run Before now, Gambardello had hinted that the Bitcoin Halving was going to kickstart the next bull run. In his recent video, he once again suggested that the next bull run was going to start after the Halving in April, noting how the bull cycles always take place after this event. He further highlighted how the Bitcoin chart was also indicating that the next bull run is imminent.\u00a0 Related Reading: Chainlink Breeds New Whales As $49.9 Million Accumulation Spree Cause Prices To Surge According to the crypto analyst, \u201ca simple zoom out on a Bitcoin chart\u201d shows that there is so much to be bullish about. Altcoins are not left behind, as Gambardello also claimed that the charts of altcoins like ADA and ETH suggested that something was getting ready to happen, implying that a massive rally was on the horizon.\u00a0 Meanwhile, Gambardello wasn\u2019t only bullish on the crypto market from a technical analysis perspective. He alluded to fundamentals like recent developments around the Spot Bitcoin ETFs, which show increased demand for the flagship crypto token, Bitcoin.\u00a0 Featured image from CryptoNewsZ, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":574248,"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":[12333,84005,86092,14643,79508,12332,90095,89230,85979,12329,16230],"class_list":["post-574214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-price","tag-ada-price-prediction","tag-adausd","tag-adausdt","tag-cardano","tag-cardano-bull-run","tag-cardano-news","tag-cardano-prediction","tag-cardano-price","tag-cardano-price-prediction"],"acf":[],"yoast_head":"\nWhy Cardano (ADA) Is A Top Altcoin Pick In The Next Bull 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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":"Why Cardano (ADA) Is A Top Altcoin Pick In The Next Bull Run","url":"http:\/\/ktsl888.com\/news\/cardano\/cardano-ada-top-altcoin-pick\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/cardano\/cardano-ada-top-altcoin-pick\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/Cardano-price.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/Cardano-price.jpeg?fit=766%2C462"},"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 price","ada price prediction","adausd","adausdt","cardano","cardano bull run","cardano news","cardano prediction","cardano price","cardano price prediction"],"dateCreated":"2024-02-09T22:00:21Z","datePublished":"2024-02-09T22:00:21Z","dateModified":"2024-02-09T22:00:21Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Why Cardano (ADA) Is A Top Altcoin Pick In The Next Bull Run\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-ada-top-altcoin-pick\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-ada-top-altcoin-pick\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Cardano-price.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Cardano-price.jpeg?fit=766%2C462\"},\"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 price\",\"ada price prediction\",\"adausd\",\"adausdt\",\"cardano\",\"cardano bull run\",\"cardano news\",\"cardano prediction\",\"cardano price\",\"cardano price prediction\"],\"dateCreated\":\"2024-02-09T22:00:21Z\",\"datePublished\":\"2024-02-09T22:00:21Z\",\"dateModified\":\"2024-02-09T22:00:21Z\"}<\/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\/2024\/02\/Cardano-price.jpeg?fit=766%2C462","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/574214"}],"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=574214"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/574214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/574248"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=574214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=574214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=574214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}