Crypto Capital Venture Founder: ‘Cardano Could Reach $10’

Cardano (ADA) could be as high as $10 according to CCV founder Dan Gambardello, but it seems to be attracting interest from traders.

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Support for Cardano

Crypto Capital Venture founder Dan Gambardello backs Cardano (ADA) in his recent tweets. Last week, Gambardello said Cardano (ADA) will explode again. Now the Cardano bull is tweeting about a positive outlook for his favorite crypto asset.

One year ago today Cardano was .10. Many were probably calling Cardano a stablecoin. It’s now $2.12, up around 1,800%.

Though many now are calling Cardano a stablecoin, $ADA is now only 375% from $10.

With the state of the market, I’d say that’s very possible.

— Dan Gambardello (@cryptorecruitr) October 18, 2021

While he can’t say for sure it will happen, Gambardello said it’s possible to eventually hit $10. On the other hand, the on-chain, social and fundamental insights site Santiment tweeted that there are many long positions on ADA in the Binance exchange. They also added that the movement is larger than usual.

#Cardano is sitting at $2.13 at this time, and traders’ interest in the #4 market cap asset appears to be picking up. Traders on #Binance are longing $ADA to a greater degree than usual as #altcoin movement is picking up against $BTC. https://t.co/yF29mEPTd4 pic.twitter.com/BBc1zqQNDC

— Santiment (@santimentfeed) October 19, 2021

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Concerns about scalability

Recently, Cardano founder Charles Hoskinson addressed the crypto community to provide updates on the Cardano project. According to Hoskinson, most people are concerned about scalability. He said the upcoming PAB launch will address these issues.

Hoskinson also expressed his joy at the active ecosystem. He is delighted that the demand for Cardano continues to grow. Finally, he thanked the community for its continued support.