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07/06/2023

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Cardano Price: Top Reasons Why ADA Price Will Start Outperforming Soon

Crypto blogger and entrepreneur, Dan Gambardello shares his bullish predictions for cardano cardano Blockchain Network (ADA) on Twitter. Known for his insightful YouTube videos and analysis,...

Cardano Price: Top Reasons Why ADA Price Will Start Outperforming Soon
cardano

Crypto blogger and entrepreneur, Dan Gambardello shares his bullish predictions for  cardano cardano Blockchain Network (ADA) on Twitter. Known for his insightful YouTube videos and analysis, Gambardello is a fervent supporter of ADA and believes it has the potential to outshine other cryptocurrencies in the market. 

Let’s dive into the reasons behind his optimism:

  1. ADA’s Recipe for Success: Gambardello points out that Cardano tends to underperform during bear markets but shines brightly in bull markets. This tantalizing characteristic has him pumped about ADA’s future, describing it as the perfect recipe for any value investor. While this is also seen as a secret ingredient for ADA’s success. 

“Cardano underperforms in bear markets and outperforms in bull markets.”

  1. Fundamentals and DeFi Season: The analyst highlights ADA’s solid fundamentals and predicts an upcoming DeFi season that could further bolster Cardano’s position. As the decentralized finance space gains momentum, ADA’s underlying strengths could propel it to new heights. 
  1. ADA vs. Bitcoin: Gambardello draws attention to a Twitter poll conducted by @WhaleChart, where participants were asked to choose between ADA and Bitcoin. Surprisingly, 54.9% of the 14,000+ voters sided with ADA, while 45.1% leaned towards Bitcoin. The community’s enthusiasm for ADA is palpable. 
  1. Criticism of BlackRock ETF Hype: However he, doesn’t shy away from expressing his views on the recent hype surrounding BlackRock’s filing for a Bitcoin spot exchange-traded fund (ETF). He criticizes those who solely focus on BlackRock’s involvement rather than Bitcoin’s core principles of decentralization and freedom from traditional financial institutions. 

Also Read: Cardano Price Prediction 2023, 2024, 2025: Will ADA Coin Price Rebound This Year?

Everyone in crypto is hyped about the world's largest asset firm endorsing #Bitcoin – not for decentralization or freedom from the manipulative thieving banks, but for their crypto bag value!

— Dan Gambardello (@cryptorecruitr) July 5, 2023

His growing passion for both ADA and Bitcoin shines through his videos and tweets. He recognizes the potential of these cryptocurrencies and believes in their ability to shape the future of the crypto market.

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Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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