{"id":136387,"date":"2021-08-22T09:39:15","date_gmt":"2021-08-22T09:39:15","guid":{"rendered":"https:\/\/precoinnews.com\/?p=136387"},"modified":"2021-08-22T09:39:15","modified_gmt":"2021-08-22T09:39:15","slug":"cardano-ada-could-potentially-go-to-10-at-bull-run-peak-says-crypto-analyst","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/cardano-ada-could-potentially-go-to-10-at-bull-run-peak-says-crypto-analyst\/","title":{"rendered":"Cardano ($ADA) \u2018Could Potentially Go to $10 at Bull Run Peak\u2019, Says Crypto Analyst"},"content":{"rendered":"

On Thursday (August 19), the crypto analyst who is the host of crypto-focused YouTube channel \u201cThinking Crypto\u201d said that Cardano $ADA token is flexing \u201cits pump muscles\u201d right now.<\/p>\n

And flex, it did. <\/p>\n

According to data from TradingView, on crypto exchange Kraken, around the time the above tweet was posted, $ADA as trading around $2.3468. Within less than two hours, it had broken its previous all-time high of $2.4223 (which was set on May 16) on its way to new all-time highs, reaching $2.6471 at 08:00 UTC (August 22), which is currently today\u2019s intraday high. <\/p>\n

<\/p>\n

One of those who believes that Cardano\u2019s current bull ran has serious staying power is Dan Gambardello, Founder of Crypto Capital Venture, who believes that $ADA \u2014 despite having increased in value 1390% so far in 2021 \u2014is still undervalued at these levels.<\/p>\n

On Friday (August 20), Tim Harrison, the marketing and communications director at IOG (aka \u201cIOHK\u201d), the technology company that develops the software implementing the Cardano protocol, said that many people underestimate the \u201csheer scale\u201d of his company\u2019s plans for Cardano.<\/p>\n

And yesterday, crypto analyst Tai Zen predicted that in the next crypto bull cycle Cardano\u2019s market cap will surpass those of all other smart contract platforms (including Ethereum). <\/p>\n

DISCLAIMER<\/strong><\/h2>\n

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.<\/em><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

On Thursday (August 19), the crypto analyst<\/p>\n","protected":false},"author":3,"featured_media":136386,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nCardano ($ADA) \u2018Could Potentially Go to $10 at Bull Run Peak\u2019, Says Crypto Analyst - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/cardano-ada-could-potentially-go-to-10-at-bull-run-peak-says-crypto-analyst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano ($ADA) \u2018Could Potentially Go to $10 at Bull Run Peak\u2019, Says Crypto Analyst - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"On Thursday (August 19), the crypto analyst\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/cardano-ada-could-potentially-go-to-10-at-bull-run-peak-says-crypto-analyst\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-22T09:39:15+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/08\/Cardano-ADA-\u2018Could-Potentially-Go-to-10-at-Bull-Run-Peak-Says-Crypto-Analyst.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/cardano-ada-could-potentially-go-to-10-at-bull-run-peak-says-crypto-analyst\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/cardano-ada-could-potentially-go-to-10-at-bull-run-peak-says-crypto-analyst\/\",\"name\":\"Cardano ($ADA) \u2018Could Potentially Go to $10 at Bull Run Peak\u2019, Says Crypto Analyst - 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