Dan Gambardello, founder of Crypto Capital Venture, one of the new generation asset managers investing in crypto startups, is one of the controversial altcoins of recent times. Cardano (ADA) He shared his thoughts on his social media account.
Gambardello told his more than 230,000 followers on Twitter that Cardano was oversold due to market conditions.
$ADA is undervalued and oversold. Fear will blind most people, making them unable to see it.
Zoomed out in 5 years it will make so much sense.
Save this tweet.
— Dan Gambardello (@cryptorecruitr) January 6, 2023
“ADA was oversold due to market conditions. I think it is traded at the value it should be. Panic and fear prevent investors from seeing this opportunity. We will see what happens in the next 5 years.”
The boss of the new generation investment company asked his followers to record the sharing in order to prove his right in the future.
Dan Gambardello acknowledges criticism that Cardano is performing exceptionally poorly in the current bear market. However, he is confident that those who lose the most in the downturns will also gain the most in the upswing.
Gambardello, his favorite cryptocurrency for the summer of 2022 ISLAND He shared it once again with his followers.
Latest Situation in ADA
Cardano, which is shown as one of the biggest competitors of Ethereum, has been showing signs of recovery since the beginning of the year, although it has been losing value in the last weeks of 2022.
$ADA has gained an average of 12% since the early hours of 2023. As of writing, it is trading at $0.22.
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