A cryptocurrency trader and analyst widely followed by the crypto community, falling as low as #6 on the list of cryptocurrencies. cardano (ISLAND) predicts a big rally.
The cryptocurrency trader known by the alias Capo tells his 189,600 Twitter followers that Cardano will likely hit $10 before this cycle ends. This price action also represents an increase of over 400% from current levels.
On the other hand, Capo believes Polkadot (DOT), the eighth-largest cryptocurrency by market cap at the time of writing, is a better trading option at the moment, even though he predicts a massive rally for ADA.
“A lot of people ask me about ADA.
I am still optimistic about ADA and it is very likely to be over $10 this cycle, but DOT looks much better so I sold my ADA a few days ago and invested in DOT.”
According to data from CoinGecko, Cardano is currently trading at $1.98 per coin.
To take a look at the analyst’s predictions on the DOT; Towards the end of October, Capo had predicted that Polkadot expected to hit a price of $250, followed by $650:
“DOT – Extremely bullish. It is expected to outperform all major crypto assets. The main targets are $250 and $650.”
Last month, the same cryptocurrency analyst predicted that Polkadot would outperform Cardano at the end of the current bull cycle. Not content with this, Capo said that Polkadot’s Left (LEFT), Binance Coin (BNB), Ethereum (ETH) and from Bitcoin (BTC) He claimed it would perform better.
“Expected performance by end of cycle:
DOT > LEFT > BNB > ADA > ETH > BTC”
At the same time, in Bitcoin parities altcoinCrypto analyst who also evaluated; He stated that there was excessive bullish for Ethereum (ETH), Cardano (ADA) and Polkadot (DOT).
“DOT/BTC pair is mega bullish.
The ADA/BTC pair is very bullish.
ETH/BTC parity is bullish.
Here still BTC.D [Bitcoin hakimiyeti] If you want to be optimistic about it, that’s up to you. I am totally into altcoins.”
It is trading at $51.80 at the time of writing, according to data from Polkadot CoinGecko.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.