Cardano ($ADA) Going to $15 in Long Term, Says Founder of Crypto Capital Venture

[ad_1]

On Monday (October 3), Dan Gambardello, Founder ofCrypto Capital Venture, as well as the host of the very popular YouTube channel Crypto Capital Venture, gave his long-term price target for Cardano ($ADA).

On 13 May 2022, when $ADA was trading around $0.5562, Gambardello talked about $ADAs performance during the current bear market:

I am 100% aware$ADAunderperforms in downtrends. People dont realize that this is one reason I like it so much. Because while it does underperform in downtrends, it outperforms in uptrends.

This is my take on the market. This is my approach. This is my opinion based on my risk appetite and what I view as compelling opportunity. Its not advice to anyone to go out and buy$ADA. Please be careful out there.

Around three months later, he said that Cardano is his favortie cryptocurrency project:

#Cardano is my favorite crypto. Thats why I cover it so much. If that ever changes, Ill let ya know!

This is my crypto journey, and Im just documenting it. Dont take my opinions or portfolio so personally.$ADA

Dan Gambardello (@cryptorecruitr) August 17, 2022

Well, on October 3, Gambardello, who has long been a huge fan of Cardano and is a respected member of the Cardano community, told his over 235K Twitter followers:

Then, yesterday, he released a YouTube, in which he spoke about his clear vision for Cardano and his long-term price target for $ADA:

Gambardello said:

I have a clear vision for Cardano, and while there are no guarantees, I 100% see it. I clearly see it. And Im willing to take a risk on it. Its about time in this video, I zoom out on Cardano. Its about time we talk about the vision

I say it all the time: a big piece of it for me is how Cardano is approaching that trilemma decentralization, security, scalability. The way that Cardano is doing it and the foundation thats being built is whats allowing the opportunity to be so solid, to be so strong

Now, lets start here. This was a tweet from yesterday, and it really is simple, everybody. Theres a lot of people that disagree with this, but I want to lay it out for you in this video. $15 divided by 42 cents, which is what Cardano was when I tweeted, equals 35X. At the end of the day, no matter how deep I dive into the fundamentals of any crypto Im here as an investor. Im here trying to plan for the future of my family, and so this is as simple as it gets.

Gambardello went on to say that he believes that Cardanos market cap, which is currently around $14.82 billion, could reach $550 million (possibly as early as in the next bull cycle, but maybe in several years), which is where his 15X upside potential for $ADA comes from.

Picture Credit

Featured Image via Unsplash

[ad_2]