Dan Gambardello, Founder of Crypto Capital Venture, as well as the presenter of the extremely famous YouTube series “Crypto Capital Venture”, offered his opinions about $ADA, On Friday (6 January 2023).
Gambardello informed his more than 238K Twitter followers that $ADA is cheap and oversold because of market anxiety.
A few days ago, Gambardello would become one of the greatest coins to acquire this year. On 13 May 2022, while $ADA was trading at $0.5562, Gambardello remarked on $ADA’s performance during the current bad market:
“Yes, I am well aware of the fact that $ADA does poorly during down markets. This is one of the reasons I like it so much, although few others seem to get it. Because although it does underperform in downtrends, it excels in uptrends. As a result, we now own a significantly underpriced asset with enormous growth potential.”
“This is my perspective on the market. So this is how I go about it. This is my perspective based on my risk appetite and what I regard as compelling potential.”
Back in August 2022, he declared that Cardano is his Favorite cryptocurrency project: On 5 October 2022, Gambardello, who has long been a major admirer of Cardano and is a respected part of the Cardano community, made a YouTube video in which he talked about his “clear vision” for Cardano and his long-term price objective for $ADA:
Gambardello said: “I have a clear vision for Cardano, and although there are no certainties, I 100% see it. I clearly see that. In fact, I’m prepared to take a chance on it. Finally, in this video, I take a broad look at Cardano. Finally, let’s have a serious discussion about the big picture…
“I say it all the time: a key component of it for me is how Cardano is handling that trilemma – decentralisation, security, scalability. Cardano’s approach and the structure it is now building are what make this prospect possible.
Gambardello went on to state that he thinks that Cardano’s market value, which was about $14.82 billion at the time, might reach $550 billion which is where his 15X upside potential for $ADA comes from.
Also Read: The volume of Crypto Derivatives Traded Drops in December as the Industry Deals with FTX Aftershocks
