400% Cardano Surge Likely – But Another Altcoin Looks Even Stronger, According to Crypto Analyst
400% Cardano Surge Likely – But Another Altcoin Looks Even Stronger, According to Crypto Analyst
A widely followed cryptocurrency trader and analyst is predicting a major Cardano (ADA) rally.
The pseudonymous crypto trader known as Capo tells his 189,600 Twitter followers that Cardano will likely hit $10 before this cycle ends, which represents a rise of around 400% from current levels.
In any case, Capo says that altcoin Polkadot (DOT), as of now the eighth-positioned cryptographic money by market cap, presently resembles a superior exchange.
"Many individuals get some information about ADA.
I'm as yet bullish on it and $10+ is possible this cycle, however DOT looks much better so I sold my ADA for DOT a few days prior."
Cardano is exchanging for $2.03 at season of composing, as per CoinGecko
Towards the end of October, Capo predicted that he was expecting Polkadot to hit a price of $250 and then launch to $650.
“DOT – Very bullish. It should outperform all the majors. Main targets are $250 and $650.”
Last month the cryptocurrency analyst predicted that Polkadot would outperform Cardano by the end of the current bull cycle. Capo said that Polkadot would also outperform Solana (SOL), Binance Coin (BNB), Ethereum (ETH), and Bitcoin (BTC).
“Expected performance until end of the cycle:
DOT > SOL > BNB > ADA > ETH > BTC”
Around the same time, the crypto trader said while looking at the Bitcoin chart that he was “bullish” on Ethereum, “very bullish” on Cardano, and “mega bullish” on Polkadot.
“DOT/BTC mega bullish
ADA/BTC very bullish
ETH/BTC bullish
If you want to be bullish on BTC.D [Bitcoin dominance] here, it’s up to you. I’m all-in altcoins.”
Polkadot is exchanging hands at $52.88 at time of writing.
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