- Dan Gambardello forecasts Cardano and XRP reaching $10
- Community question the feasibility of such a massive price surge
- Market Cap vs. Fundamentals: Debate ensues over what truly drives crypto market cycles
Market veteran Dan Gambardello has stirred the community with a bullish forecast, suggesting that both Cardano (ADA) and XRP could reach $10 in this market cycle.
Taking to X, Gambardello stated, “Cardano and XRP seem like they both may hit $10 this cycle,” adding, “That would be fine with me.”
While the statement sparked enthusiasm from some, others questioned the feasibility of such a massive price surge. One user, “T,” replied, acknowledging Gambardello’s optimism about XRP and ADA. However, he argued that “those are some wild numbers.” T went on to say that market cycles are more about fundamentals than price targets.
Related: ADA Trading Volume Explodes, Whales Pile In: ADA Price Surge to $2 Around the Corner?
Can Cardano and XRP Reach Such High Market Caps?
Gambardello countered the skepticism by drawing a comparison to Ethereum’s past performance. He pointed out that a $10 ADA price would put Cardano’s market cap at approximately $35…
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