Can Affiliates in Africa Carry Cardano (ADA) for $10?

Many analysts include Cardano (ADA) in their list of altcoins to watch in November. Many also predict that ADA could be among the top 5 cryptocurrencies by market cap.

Cryptocurrency analyst and YouTuber Gert van Lagen expects ADA to enter price discovery mode in the ongoing bull market. Evaluating the price trend of ADA, Lagen compared the performance of Cardano and the Ethereum killer in the 2017 bull run.

Side-by-side comparison of ADA price trend in 2018-20 and 2020-22

Accordingly, the analyst’s 2022 target for the ADA price is $22. On the other hand, Lagne expects Cardano to exceed $10 by the end of 2021, based on his analysis.

FXStreet analysts, on the other hand, believe that Cardano (ADA) must reclaim the $2.10 support for it to rise. Click on the link below for detailed analysis by FXStreet analysts.

Hoskinson Sets His Eyes on Africa!

Cardano founder Charles Hoskinson is working hard for new partnerships in Africa. Stating that Cardano is focused on stability, Hoskinson also rejects the rumors of ADA burn, saying that their primary goal for now is to fully integrate Blockchain technology into Africa.

According to Hoskinson, Cardano’s partnerships with African governments could influence regulators in the US. Noting that US regulators are not yet focused on establishing the Blockchain industry, Cardano founder states that Africa is uniquely ready to adopt Blockchain technology faster than other continents.

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