Crypto Analyst Says Cardano ($ADA) Could Go to $10 After Setting New All-Time High
A crypto analyst said that Cardano ($ADA) could potentially go to $10 at the bull run peak. This comes after ADA set a new all-time high of around $2.64.
Cardano’s remarkable run continues as ADA has outlined yet another all-time high at over $2.6. Since the last few days, the public blockchain platform has drawn the attention of investors amid the upcoming upgrade (Alonzo).
While most altcoins have been stumbling since yesterday, Cardano ADA has drawn another fresh all-time high above $2.6. Following this, the crypto analyst who is the host of crypto-focused YouTube channel “Thinking Crypto” said
"#Cardano #ADA is flexing its pump muscles right now. Could potentially go to $10 at bull run peak."
In addition, another crypto expert Dan Gambardello said that Cardano is only 20% from $3, and it’s still undervalued. This is because Cardano’s native coin is 160% up since the July 20th market correction when it dropped below $1.
Moreover, other altcoins also have done well. This is the case of Solana (SOL) that is up 68% in the last 7 days. Also, SOL reached a new all-time high yesterday. Speaking about records against the dollar, NEAR Protocol (30%) leads the charge, followed by THORChain (18%), Cosmos (16%), Fantom (13%), Enjin (11%), Chiliz (10%), and Filecoin (10%), according to CoinMarketCap.
The cumulative market cap of all cryptocurrencies has remained relatively above $2.1 trillion.