Altcoin NewsLatest PostNews

Cardano (ADA) Price Bullish to $2 – $3, Says Famous YouTuber

  • Cardano (ADA) price is bullish toward $2 – $3.
  • ADA price is expected to surge after the major network upgrade Mary set on March 1.
  • “Cardano will have the highest return on investment (ROI),” says JRNY Crypto.

The Cardano (ADA) price is bullish toward $2 – $3, according to famous YouTuber JRNY Crypto. After testing the $1 level, ADA price is expected to surge after the major network upgrade set on March 1.

Cardano on Spotlight: ADA Price Going $2 – $3

JRNY Crypto analyst claims that he is “more bullish in Cardano in the long-term.” In fact, ADA price and Cardano’s market cap doubled in two weeks. From $0.44 on February 3rd, ADA is now changing hands at $1.04. 

ADA Price 30d Chart
ADA Price 30d Chart

Moreover, ADA records 177.5% gains in the past month. JRNY Crypto expects Cardano to be more into the spotlight following the announcement of its major network upgrade Mary. In detail, as soon as the Mary hard fork is complete, developers can create a user-defined native token on Cardano and begin using newly-created assets.

Hence, the famous YouTuber stated that,

I do think Cardano will have the highest return on investment (ROI) out of all the Ethereum competitors here out of the top 10 throughout 2021.

Despite Binance Coin (BNB) flipping Cardano, Polkadot, and Tether positions, ADA is still looking favorable for crypto traders. As Bitcoin hits new ATH at $56,000 and Ethereum reaches $2,000 for the first time, the altcoin season will certainly prosper.

Mary Hard Fork Upgrade

On a positive note, Cardano’s mainnet will become a multi-asset ledger that can be a match to Ethereum. With major problems like Uniswap’s high fees, Cardano can be an alternative. ‘Even Ethereum 2.0 is not going to completely solve those gas fee problems,’ he also mentioned, as more people enter into the crypto space.

In line with this, Mary will turn the Cardano network into a favorable environment for various decentralized finance (DeFi) projects. Furthermore, the upgrade will also fully unlock Cardano’s smart contract functionality.

Casseia Perez

An aspiring journalist who spills her ideas in cryptocurrency and blockchain-related matters. With her background in Communication and Journalism, she is more inclined to write about reality than fiction.

Related Articles

Back to top button