The 4 million wallet milestone was reached by Cardano on Saturday. The platform is currently in a stronger position than Ethereum, according to Dan Gambardello, the founder of Crypto Capital Venture. He interprets it as a significant occurrence that foretells an enormous rise in the cost of ADA, perhaps reaching $15.
Cardano Passes the Groundbreaking 4 million Wallet Milestone
On March 25, Gambardello tweeted the thrilling report that 4 million Cardano wallets have been distributed, marking a “historic milestone.” In a recent YouTube video, he predicted the ADA price and discussed why it is crucial. You can watch the video from this link: https://www.youtube.com/watch?v=isPcZWWGhq8
Based on his prior investigation, he accurately predicted the ADA high of $3 when the price was trading at $0.08 on June 2020. Gambardello has once more predicted the price of the ADA using Ethereum statistics.
Gambardello’s Predictions
His research indicates that whereas the platform has a $12 billion market cap, Ethereum had a $21 billion one with $4 million wallets in 2017. The market capitalization of both Ethereum and Cardano reached above $100 billion during the upswing.
According to him, the price of ADA will reach $15 during the following bull market, and the market valuation will be close to $500 billion. In his opinion, the newest developments in the project are consistent with Ethereum and make the platform a superior blockchain.
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