{"id":561931,"date":"2023-11-22T20:00:44","date_gmt":"2023-11-22T20:00:44","guid":{"rendered":"https:\/\/wncen.com\/?p=561931"},"modified":"2024-06-11T07:45:00","modified_gmt":"2024-06-11T07:45:00","slug":"cardano-ada-price-to-11","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/cardano\/cardano-ada-price-to-11\/","title":{"rendered":"Cardano Forecast: Crypto Analyst Identifies The Event That Could Send ADA Price To $11"},"content":{"rendered":"

Dan Gambardello, the founder of Crypto Capital Venture, has provided some insights into the future trajectory of <\/span>Cardano (ADA)<\/span><\/a>. Interestingly, he hints that the crypto token could reach unprecedented heights that will change the lives of <\/span>Cardano holders<\/span><\/a>.\u00a0<\/span><\/p>\n

When ADA Price Will Rise To $11<\/h2>\n

In a <\/span>video<\/span><\/a> shared on YouTube, Gambardello sounded bullish about the future of <\/span>ADA<\/span><\/a> as the crypto industry awaits <\/span>the next bull run<\/span><\/a>. According to him, this is when ADA will rise to as <\/span>high as $11<\/span><\/a> at a market cap of $400 billion market cap then. He hinted that this bull run is likely to happen after the <\/span>next Bitcoin Halving event<\/span><\/a>.<\/span><\/p>\n

Related Reading: Ethereum Still Bullish: Richest ETH Wallets Go On Massive $124 Billion Buying Spree<\/a><\/div>\n

The crypto founder also noted how the decentralized finance (DeFi) landscape on the Cardano network has grown since the last bull run. As such, he expects that this \u201cnew ecosystem\u201d powered by Shelley and innovations like the multi-asset ledger, positions the token for significant growth in the next bull run. <\/span>Shelley is the Cardano era<\/span><\/a>, which focused on making the network a decentralized economic system.<\/span><\/p>\n

Basically, Gambardello was alluding to the fact that Cardano has gotten better since the last bull run and now provides more utility to its users. To highlight <\/span>ADA\u2019s potential<\/span><\/a>, he stated how the token rose from about $0.12 to $3 during the last bull run without having any of these \u201cdevelopmental milestones\u201d in place. Therefore, a rise to $11 is feasible with the immense utility in place now.\u00a0<\/span><\/p>\n

The Cardano-Ethereum Comparison<\/h2>\n

Gambardello drew a comparison between <\/span>Cardano<\/span> and Ethereum. He went as far as asserting that the former was more sound, secure, and decentralized. Despite his assertion, he recognizes the fact Cardano is like a cycle behind Ethereum. In line with this, he expects that Cardano\u2019s success is going to be similar to the one <\/span>Ethereum<\/span><\/a> enjoyed when it first established its DeFi ecosystem.<\/span><\/p>\n

Related Reading: Fetch AI Breakout Confirmed: Analysts Reveal Bullish Targets For FET Price<\/a><\/div>\n

The crypto analyst also mentioned how undervalued Cardano is while making a comparison between it and Ethereum. In his opinion, Cardano has everything something like Ethereum has but better. He also believes that the innovations on the <\/span>Cardano network<\/span><\/a> are happening in a more secure and decentralized way compared to its counterparts. C<\/span><\/p>\n

While Gambardello seems to think that <\/span>ADA<\/span><\/a> will perform so well in the <\/span>next bull run<\/span><\/a>, another crypto analyst will beg to differ. This crypto analyst happens to be Lady of Crypto, <\/span>who once outlined five reasons<\/span><\/a> why she doesn\u2019t believe ADA will perform well during that period. Interestingly, she stated that Cardano has a slow development pace, and that is one of the reasons it won\u2019t thrive.<\/span><\/p>\n

\"Cardano<\/p>\n

ADA price stalls at $0.369 | Source: ADAUSD on Tradingview.com<\/a><\/pre>\n
Featured image from AMBCrypto, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Dan Gambardello, the founder of Crypto Capital Venture, has provided some insights into the future trajectory of Cardano (ADA). Interestingly, he hints that the crypto token could reach unprecedented heights that will change the lives of Cardano holders.\u00a0 When ADA Price Will Rise To $11 In a video shared on YouTube, Gambardello sounded bullish about the future of ADA as the crypto industry awaits the next bull run. According to him, this is when ADA will rise to as high as $11 at a market cap of $400 billion market cap then. He hinted that this bull run is likely to happen after the next Bitcoin Halving event. Related Reading: Ethereum Still Bullish: Richest ETH Wallets Go On Massive $124 Billion Buying Spree The crypto founder also noted how the decentralized finance (DeFi) landscape on the Cardano network has grown since the last bull run. As such, he expects that this \u201cnew ecosystem\u201d powered by Shelley and innovations like the multi-asset ledger, positions the token for significant growth in the next bull run. Shelley is the Cardano era, which focused on making the network a decentralized economic system. Basically, Gambardello was alluding to the fact that Cardano has gotten better since the last bull run and now provides more utility to its users. To highlight ADA\u2019s potential, he stated how the token rose from about $0.12 to $3 during the last bull run without having any of these \u201cdevelopmental milestones\u201d in place. Therefore, a rise to $11 is feasible with the immense utility in place now.\u00a0 The Cardano-Ethereum Comparison Gambardello drew a comparison between Cardano and Ethereum. He went as far as asserting that the former was more sound, secure, and decentralized. Despite his assertion, he recognizes the fact Cardano is like a cycle behind Ethereum. In line with this, he expects that Cardano\u2019s success is going to be similar to the one Ethereum enjoyed when it first established its DeFi ecosystem. Related Reading: Fetch AI Breakout Confirmed: Analysts Reveal Bullish Targets For FET Price The crypto analyst also mentioned how undervalued Cardano is while making a comparison between it and Ethereum. In his opinion, Cardano has everything something like Ethereum has but better. He also believes that the innovations on the Cardano network are happening in a more secure and decentralized way compared to its counterparts. C While Gambardello seems to think that ADA will perform so well in the next bull run, another crypto analyst will beg to differ. This crypto analyst happens to be Lady of Crypto, who once outlined five reasons why she doesn\u2019t believe ADA will perform well during that period. Interestingly, she stated that Cardano has a slow development pace, and that is one of the reasons it won\u2019t thrive. ADA price stalls at $0.369 | Source: ADAUSD on Tradingview.com Featured image from AMBCrypto, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":561939,"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":[12333,89347,14643,79508,167,12332,89230,12329,6664,26263,14690],"class_list":["post-561931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-news","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":"\nCardano Forecast: Crypto Analyst Identifies The Event That Could Send ADA Price To $11<\/title>\n<meta name=\"description\" content=\"Dan Gambardello, the founder of Crypto Capital Venture, has 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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:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cardano Forecast: Crypto Analyst Identifies The Event That Could Send ADA Price To $11","url":"http:\/\/wncen.com\/news\/cardano\/cardano-ada-price-to-11\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/cardano\/cardano-ada-price-to-11\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-price-2.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-price-2.jpeg?fit=1280%2C640"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada","ada news","adausd","adausdt","analyst","cardano","cardano news","cardano price","crypto","crypto analyst","crypto news"],"dateCreated":"2023-11-22T20:00:44Z","datePublished":"2023-11-22T20:00:44Z","dateModified":"2024-06-11T07:45:00Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Cardano Forecast: Crypto Analyst Identifies The Event That Could Send ADA Price To $11\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/cardano\\\/cardano-ada-price-to-11\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/cardano\\\/cardano-ada-price-to-11\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Cardano-ADA-price-2.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Cardano-ADA-price-2.jpeg?fit=1280%2C640\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada\",\"ada news\",\"adausd\",\"adausdt\",\"analyst\",\"cardano\",\"cardano news\",\"cardano price\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"dateCreated\":\"2023-11-22T20:00:44Z\",\"datePublished\":\"2023-11-22T20:00:44Z\",\"dateModified\":\"2024-06-11T07:45:00Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-price-2.jpeg?fit=1280%2C640","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/561931"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=561931"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/561931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/561939"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=561931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=561931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=561931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}