Could 2024 be the year of ADA?
#Cardano ardano’s native token – ADA – is among the best-performing crypto assets this year, experiencing a price increase of nearly 70% since January 1st. Several experts believe that the currency would maintain the positive trend into 2024, with some predicting that it could reach a new all-time high in the following months.
One example is popular X (Twitter) user Ali. They looked at certain charts and past consolidation levels to set a price target of $10 to possibly be achieved by Summer 2024.
Dan Gambardello – founder of Crypto Capital Venture – took a more optimistic view, arguing that ADA could rise to $11 shortly after the BTC halving (scheduled for April next year), while its market capitalization could explode to a surprising US $400 billion.