Dan Gambardello, the founder of Crypto Capital Venture, talked about Cardano on Twitter this April 6th. He shared his outlook on crypto from developer Charles Hoskinson. Find out what Dan Gambardello thinks about the future of ADA.
Soon a major reward for ADA token holders
Like several crypto players, the founder of Crypto Capital Venture seems to think that Cardano is a promising crypto. Indeed, Dan Gambardello said on Twitter that he expects a major upside in the Cardano market. He thinks that investors holding ADA tokens will soon get high gains. He still clarified that his prediction is based on a hunch, so it is without guarantee.
You should know that the total value locked (TVL) on the Cardano blockchain is increasing more and more. Also, the largest Proof-of-Stake blockchain has reached a record TVL of 420.2 million ADA on March 22 pass. This total locked value is equivalent to approximately $144 million. Added to this is the value of ADAs that are being staked, bringing the overall figure to $155 million. Gambardello has explained that the steady increase in TVL is a key factor in achieving future growth in the price of ADA.
That said, several users commented on the Crypto Capital Venture founder’s post. One of them said: I am the. But I’m not ready. I need more time to recover all the ADA I spent on Web3 Book.io Marketplace “. Another commenter said: Ada will do well in the next bull market. A great project with a pleasant building ecosystem. Just keep staking, and Cardano will keep building “.
Currently, the price of the ADA token is hovering around $0.38. The crypto has been down around 0.46% in the past 24 hours, according to CoinMarketCap. It is worth recalling that a month ago, 80% of ADA investors found themselves in the red. This was due to the fact that Cardano was among the cryptos that suffered a significant loss in value in 2022, due to the bear market. That said, this year the Ethereum killer seems to be finding its feet again and many are expecting a significant rebound.
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