Is Cardano (ADA) Making Crypto's Biggest Comeback?

so is it true could cardano actually be making the crypto industry's biggest comeback of all time after all it's been around forever it's been through two cycles could we possibly see it do better than its previous all-time high of $3 well so far in this bull market it's given us every reason to question that I think many of us have thought that there's no way cardano could possibly go above its previous alltime high but the price action in the last month is proving us wrong or at least it seems to be proving us wrong but

in today's video I'm going to give you the good the bad and everything in between as well as my price redution at the very end of the video as well where I actually think kanano could go this cycle not based on F gazi or F gazi or my personal opinion based on this cold hard facts and data like I did over 12 months ago on my forecast of carano's price prediction now it's very easy for those of you who are beginners as well to see Kalo pumping right now and see some articles pushing some good

news on the project and think to yourself I'm going to sell my salana that's doing 14% And I'm going to go buy cardano that's doing a bit better or at least had done a bit better last few days because the thing is as a beginner you end up chasing the dragon so to speak you chase narratives and you chase coins and what that really means is that you end up buying a coin like avax for example that's doing maybe quite well right now and then when another coin starts doing better let's just say over here

with xrp you sell avax and you buy xrp P you buy when someone else is likely going to be selling and this means that you'd have no conviction in xrp so when it falls down when you get dumped on right what happens you have no conviction so you want to sell and you panic and you get out and then your previous project avac starts pumping again and then you get in a high average Buy price and the cycle continues you chase the dragon you chase Your Tail it's not where you want to be in crypto

the best thing you can do is sit and wait in my personal opinion the best thing that you should possibly be doing right now to add to your positions and add to your bags and maybe speculate on some new coins like cardano is to trade I took this trade yesterday on xrp guys I made a quick an easy 3x such an easy 3x guys I'm not a Trader and you all know this by now of course I'm in the trading Corner which is a private community group down below leave the link guys we have expert

Traders I just copy trade right I'm learning as we go but I can't learn fast enough to keep up with the market right so I'm copy trading the professionals we have in this group and in doing this as yourself you'll be able to get this group for free anyway all right so you have access to a whole bunch of our reward systems here you can see we have 10 more you can't see on screen and a whole bunch more great stuff for you guys as well being in that group if you're not maximizing the returns

as bull run at least even just bare minimum copy trading our professionals and making money on the side I don't know what to tell you right you can make a lot more money doing so so bringing this conversation back to cadano I want to go over some of the bullish facts fundamentals news if you will and then I'm going to go over some of the stats like the metrics to kind of get you both sides of the story and then again finish up with my price prediction now don't skip to the price prediction I know

you fiend out there want to go straight to the price prediction the problem with that is that you end up buying based on a prediction it's a prediction is just that right it's a guess based on data and then what happens is when the coin isn't performing well when you see the chart looking kind of like this where it was originally you think to yourself it's not moving and you sell okay and what happens that it pumps or it dumps if it's the inverse so you must understand why you are buying a coin otherwise you're

ultimately just going to end up selling or buying stupidly so please don't do that first of all we got some really great news over here Charles hoskinson posted this picture outside of Space X where he mentioned he's going to be signing the deal of his life now this is just purely speculation as Ben Cohen would say dubious speculation and so we can't really base anything off this but again these Founders these projects as you will soon know being through a cycle they like to incite a feeling of fomo right feeling of I'm missing out here

what could come and that gets you to buy into their token now there could be a massive news on the end of this but just be cautious because it could also be buy the rumor sell the news so with these pumps you've got to understand that is a possibility almost always happens in crypto this pump could be a by the rumor for a massive potential signing and on the announcement of the signing it might pump a little bit but then it all could could come crashing down ultimately now we also have some more bullish news

where of course hoskinson has said that he is helping the US government create a crypto policy now what you all are forgetting at this point in time is Charles has been on this mission of creating a crypto policy for quite a while now it's just that and this is good news for Charles I like Charles by the way I've always publicly said go watch my original video 12 months ago and any a video before that I've always said Charles is a great mind and I do respect the dude a lot but again this is sort

of stuff that we've known about for quite a while now that this new administration's come in the mix and you can see here he's already talking with guys like RFK I believe over here about actually being a part of the team himself and that actually is one of the things that he did go on to specify right I'm going to be spending quite a bit of time working with lawmakers in Washington to help Foster and facilitate basically a policy to be enacted within the the US government if you will now there was also some speculation

he might be on J so Joe Rogan's podcast but he has debunked that which is good because again this could also lead to further fomo and speculation But ultimately guys you know Charles has been one of the forefathers I believe of pushing regulation for crypto for quite a while now which is one of the reasons why I like him he looks beyond kanano and he looks crypto wide but any sort of policy that gets created within you know the US it's just going to obviously have a net benefit for the whole entire ecosystem it's not

going to directly benefit cardano in any sort of way now I'm not here to sort of dumb down the news but for those of you who are new to the space I'm just trying to tell you from someone who's been here for a while to someone who's new you can't fool for the sparkle the glitter and the Glam all the time about some of these updates all right these updates are designed and spoken in such ways to Insight fomo okay now Charles this is more actual bullish news this is actually relevant and and does come

with a bit of um let's just say glitter and shine right where Charles that is looking to hire a dedicated person to make cardano the dominant def Bitcoin platform he's kind of throwing the words out there Bitcoin layer to okay a layer for Bitcoin to Leverage defi right now you can't use Bitcoin in defi now there are projects out there by the way that do use sort of Bitcoin and leverage Bitcoin to trade and be used defa on their platform but cardano it looks like they really want to push this to a whole new level

at least that's the vibe I'm sort of getting now this is done with one of the founding entities that created Kano and the canano foundation here a mergo I believe it's how you pronounce it and these guys have created the platform here which is Bitcoin OS okay so again all they're trying to do is tap into the liquidity on bitcoin so if you own a Bitcoin hey what can you do with it nothing you store it digital gold right so in this case you can use that Bitcoin transfer it across to cardano through this Bitcoin

OS platform and then use it in any one of cardano's defy applications now my only concern with this is might be pretty evident some of you it's like well this is specifically for cardano right it's built for cardano by look of it however what's stopping someone from transferring their Bitcoin across to a different platform if they obviously allow that to happen now they might not allow that to happen of course and there's a whole host of things we can dive into here it definitely is bullish again I'm not trying to downplay it here I love

this for Bitcoin to to move forward and actually be used as a viable product if you will as it's intended to be well in that case we're going to have to have these things spun up it's not the first it won't be the last but right now people are latching on to it as a positive sentiment piece if you will so that's Obviously good for the current price I'm going to spin this back in a second here on my final thoughts now we also have active accounts also shooting up right here it's gone from about

40,000 to almost 990,000 very quickly here over a few different epochs and Epoch is a period of time and in this case an Epoch forano is about five or so days so over a few Epoch here we've seen it dramatically you know shoot up which is obviously fantastic active accounts as well has slightly spiked up a little bit more as well okay by about 50 or so thousand which is fantastic we also here that see the transactions have also increased as well but guys this is all things that you would typically see in a project

that has had a sudden surge of demand people want to come online create a new accounts use that new account to buy some of the tokens to store the tokens and all the rest of it okay so it's pretty common it's still a good bullish shine I won't I won't lie now T itself has also sparked up this is a good stat to see all right this really is good let's hope AA sustains this of course right here it's been about 200 million or sitting thereabouts and now it's up to over double that okay so

it's at 467 million this is fantastic we want to see this obviously go up now compared to other Chains No it's not a lot okay some of these chains like sui have over a billion dollars in tvl tvl is the total value locked in a network not staking this is within the defy applications now Ada has a massive ecosystem and I've always said I'm really in love with the ecosystem they have a lot people give it crap oh the Project's not being used blah blah blah guys there is a lot of projects on cardano they

might not be used as much as other networks but given that we've seen some interest come back in in the kadano atmosphere here we may begin to see some of these really pop off okay it has an excuse now if you will that's a very good sign to see and overall stats are up right YouTube searches Google searches nft volume Ada volume the price of course itself is up as well and this is reflected as well in the engagements engagements are important because of course this tells us how many Searchers how much how many people

are interacting with cardano okay and we can see here that roughly speaking over the last 6 months they've been averaging around about 32 million per day which is quite a lot that's quite a lot for the market cap size of the coin You could argue we want to see some more but I'm going to say that's just fine it is a lot there is a certain threshold where you get to where you can't spawn 11 you know million interactions a day so right now it's been kind of sitting around the 11 to 13 million Mark

per day which again is very very good um but this is pretty common as you might imagine across projects you can see over here somewhat recently where there was a bit of news positive for the whole Market or positive for the product itself where a bunch of people come in and start searching up okay so it's very common to see at these times but again definitely worthwhile noting also there is a recent financial report put out here by cardano showing people where they've been spending their money recently so three main places operational resilience they spent

$2 million here education which is very important in my personal opinion 4 million and adoption which is about 13 million obviously very very important here so they outline what they are for here most of it's pretty basic stuff I me you guys can read it yourself it's nothing worth noting apart from The cardano Summit in Dubai guys Summits or these sort of meetings where a bunch of developers in an ecosystem come together to talk and build applications and about the project these are very important you find a lot of great applications spawning from these sort

of events and you see injective Neo protocol and others doing things like this right now this is what creates Innovation on the project which of course in turn gets you the community to use those applications and therefore create more Buzz so it's very important it's good to see as well that K is spending their money at least what seems to be WI we can even dig deeper and go into how much money the Ada Foundation actually has and they have a lot they have a lot of money up there belt $478 million to spend most

of this is in Ada tokens some of this is in cash and some of this is in Bitcoin so they're a little bit diverse here but of course if they do spend the AER itself that's going to be you that's getting copped on the open market right you're the one that's going to be dumped on there but that's the same for every project and lastly here I'll mention some more stats regarding developers right there is a convers ation about developers and if developers go down that's a bad thing right and it does seem that way

you can see here kanano has had since the since 12 months ago about 181 developers and now they're sitting at a lot a lot lower at about 95 so around about half developers have left the ecosystem core devs at least right over the last 12 months now this seems bad especially when you pair this with products like World mobile that I was really bullish on I'm not really happy with the sort of support they receiv or lack of support should I say from cardano for developers to help them build so they kind of migrated to

other networks other projects as well but this isn't uncommon guys and this shouldn't stop the project from doing well overall because you can see here Nia protocol is one of the most bullish projects of the entire ecosystem right now and they had 103 developers 12 months ago and now again likeo they have about half that so this is completely fine and normal guys they don't need to have as many devs in a bull run unless they're coming out with some massive updates usually this is a good sign because you build in a bare Market in

a bull market you don't need to build in a bull market you need to attract people marketing and so on okay so you shouldn't be building in a bull you should be building in a bear so this to me isn't a worry but it's something notable to point out as well and I think the most important thing is Mr Becker himself all right I know some of you guys don't like Becker and yes he's questionable in some respects as well but he did bring up ad up in a video and I thought it was too

funny not to mention that he did say he would pick it up as a beginner he did say he thinks this can go back to the previous all-time high and that's all I'm going to say about Alex Becker and cardano the rest is going to be built on data as you know we do it here guys we are 100% fued by facts not really opinions unless it obviously is mentioned by myself okay so I'm going to run through some numbers here and you'll see quite quickly um what numbers I'm sort of coming to in terms

of the price prediction but let me tell you about some of my personal quals with this all right so you're probably very bullish on ad and again if you're an a holder I mean you no harm by the way like I want all projects to succeed because at the end of the day I don't care about the project themselves I care about you if you make money I don't care how you make your money all right I'm not like oh I don't like this project I don't like that project I want the project to go

down why why are you like that for you're talking about people losing money it's not a good thing to say all right but there are negatives in my personal opinion that I want you guys to think about first of all is the narratives cardano in my opinion doesn't have any direct narratives it's known for other than a layer one project recently if this whole Bitcoin thing spins up we might see see it pump in the Bitcoin narrative that's a good thing it'll obviously other layer one projects as well that's a good thing but it's not

in the PowerHouse narratives thus far for this bull run AI deepin real world assets I mean not really defy you could Loosely throw defy in there because it has a defy ecosystem but I wouldn't do that if in my personal opinion and that's pretty much it right it doesn't hit gaming of course it doesn't hit the major narrative so I don't see it latching onto one of these in a pump like that and therefore having a massive all-time high like I'm talking blowing way past the previous alltime High which usually comes in a massive pump

like that a massive narrative pump and in my opinion there are far better projects to get more multiples that are just as safe as investing in cardano that are low market cap that have what Ada has Ada has great web 2 real life presence and a very strong uh crypto Community but I do think that projects like Renda or Ono for example hit those Ai and Ru asset narratives have very strong cultish communities and they're also doing just as much in the real world as probably not as much as cardano but perception is that they

kind of are to the regular retail investor again how I'm talking right now is probably Far Over most retail people's heads and most retail thinks that the more tokens you can buy spending 500 bucks if you can buy 20 billion tokens that's a good value for money sort of thing people don't understand this but we can kind of front run their emotions in exactly thinking like this so that's my main concern with K is a narr and that if you are foming into kadano right now it's again based on the hype and The Buzz around

the project now this might got another 2x from here but there is going to be a point in time where it Fizzles off because again there is nothing really holding cardano to long-term news like we don't have again like the only thing we really have here bolstering up is the Charles hoskinson news regarding the SEC which again won't directly impact cardano therefore we can't expect a massive cardano specific update in the future and so if you're like looking at this thinging to yourself well what's the real reason I'm booming into it right now is it

just because of the SEC thing or is it because of the Bitcoin Bridge thing like what is it and if it's both of those I think it's a pretty weak excuse to maybe sell a c that's not doing so well right now like Avalanche for example and going to cardano because you will be stuck holding cardano yeah again it Mark up it Mark up significantly but at the end of the day you're doing that based on something that will probably fizzle out in a few weeks just like if avax had a pump right now by

the way I don't even own avax I'm not trying to convince you to buy avax or sell cardano I'm just trying to talk to you as a friend here right so if you decide to then go ahead and you know look at avax and aax might pump up after kanano does that's going to last a couple weeks Max like 3 or 4 weeks all these top 20 top 30 Old Coins they will have a period of time where everyone will be focusing on them like H by right now up you know 2 and 1/2x and

then you throw in a HB you buy it now because look how much it's up and not realizing that there will be a time where the news Fizzles off okay so be very careful of that now my price prediction foro is actually I pretty well agree with my my video I made over 12 months ago right now that just goes to show again that it stands a test of time in my personal opinion I think these predictions do for the most part right now it's an estimated 35.7 billion tokens in 2025 based on dominance the

guys all is based on dominance we can forecast what the low side of the market cap will be and the high side of the market cap will be based on the global market cap and the global market cap growth without going into specifics I'm not going to go into it guys I talk about this all the time on the channel so either way you guys are here for some numbers right I think Max 15 $ possible five and minimum 150 but to be more specific if we go into a sheet that has far more details

it goes into that like 10 times more which is my price prediction sheet right this sheet right here is available for my private community members down below and this is blood out you guys can't see this right now but this has over 100 altcoins price positions built on the data and dominance and lows and current dominance levels and we reforecast growth based on how it's currently performing all the rest of it right and this came from that sheet okay so forecasted readjusted price here based on performance we see about a $978 token price or a

$350 billion market cap that's the all-time high that's that's the price in which it'll likely Spike to and come down that's not a price but you can get out safely people misconstrued price predictions as a feasible Target no no no no no price predictions guys are a price prediction a price all-time high prediction so for that Sho to come back at that that tells me here that I'm pretty confident that we see a Max $10 token for a if we actually pull out and have a look here at what the different prices are right so

at three bucks it'll be 100 billion market cap at five bucks 179 billion Mark cap 10 bucks 350 billion market cap and 15 bucks over 500 billion market cap it becomes very quick to realize that hey hang on I think that maybe Kyo really wouldn't definitely go over a $10 token in my personal opinion I think between $5 to $750 Max price prediction I wouldn't be surprised if it just goes back to three bucks to be honest with you so that's my inter interpretation of Carano of course that would mean that we possibly go higher

than the previous all-time high here so we're making a nice like linear top to top to top uh but again that's my personal opinion all in all Cano's charts right the market cap dominance does not look too well right now if I kind of untoggle this it's not looking too sexy it it just isn't right it's kind of spark up a little bit towards the end here but if we toggle the everyone's market dominance all the altcoins market dominance we can see here that it's kind of just following the altcoin dominance Trend really it's kind

of moving with the market which actually isn't too bad at all however it's failed to break out of this trend versus Bitcoin okay so it hasn't broken out just yet so we'll see how this plays out over the next few weeks here whether we come back down or break out above but to me it looks like it's possibly not able to we will see how it goes again I'm not trying to convince you not to get into kadano again there's my price prediction for the coin so if that's bullish for you good for you that's

fantastic all I'm trying to say is there's some really great stuff happening in the kanano area great ecosystem great transactions am I looking to get into kanano absolutely not I think there are projects equal to the quality or a little bit less than the quality of kanano better suited in narratives for this bull run I mentioned two before and I would much rather hedge into those for higher multiples so that's my interpretation Ada Community don't come after me I love the project I've said it multiple times I think the Project's undervalued in the grand scheme

of things but for this bull run it's yet to be seen talk to you guys later take good care bye-bye