WATCH OUT For Cardano! Road To The $11 ADA!
6 months ago
4
#crypto #cryptocurrency #cryptonews
In this video, I discuss the potential for Cardano (ADA) to reach an $11 price point in the next bull market cycle. I present two data points to support this claim: 1) If ADA can achieve a 4% market dominance in the coming cycle, it could reach a $400 billion market cap, resulting in an $11 ADA; 2) If ADA reaches 75% of Ethereum's first decentralized finance (defi) cycle, which saw a $546 billion market cap, it would also result in an $11 ADA.
Intro 00:00
Understanding ADA dominance 2:20
Important Ethereum data 3:55
Simple data 6:45
Just a starting point 7:45
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