Dan Gambardello Praises Cardano For Holding up Like a Champ
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Earlier, Gambadello, a strong Cardano supporter, said that if $ADA reaches $10, Cardano's market valuation will only be approximately $330 million. On June 6, Gambardello had stated that $ADA is on the cusp of a breakout and that a massive price surge is in the works. Cardano is quietly establishing itself as the most durable, safe, and versatile blockchain, according to Dan Gambardello. He tweeted that they are seeing the Cardano blockchain develop and that one venture, which functions as a community-run platform, is playing a vital role in that development.
Cardano's Price has Taken a Hit
Cardano is on track to break through the $0.39 lows on May 12. Traders who did not enter after the bearish circle last week should wait for confirmation signals. Like that of several other cryptocurrencies, Cardano's Price is plummeting as the third trading week of June begins. As oil and agriculture continue to see extraordinary demand, the crypto market is in a selling frenzy over UK inflation hikes, the upcoming FOMC meeting, and overall consumer anxieties. The Price of Cardano at the time of writing this article is $0.50.