On Monday (October 3), Dan Gambardello, Founder of Crypto Capital Venture, as well as the host of the very popular YouTube channel “Crypto Capital Venture”, gave his long-term price target for Cardano ($ADA).
On 13 May 2022, when $ADA was trading around $0.5562, Gambardello talked about $ADA’s performance during the current bear market:
“I am 100% aware $ADA underperforms in downtrends. People don’t realize that this is one reason I like it so much. Because while it does underperform in downtrends, it outperforms in uptrends. This means that we now have a way undervalued asset with most upside potential.
“This is my
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