hey welcome back everybody to altcoin daily if you like cardano if you hold cardano if you're
a fan of cardano make sure you stay tuned for today's video we have so much to go over including
different metrics and different comparisons that you know if you are a cardano holder
this is you know this is stuff you need to have on your radar i want to talk about the good the bad
everything that you need to know so if you appreciate that like the video again if you're
new subscribe we drop one video every day keeping you informed with that being said let's get
into it cardano to reach a price of 58 dollars by 2030. today the price of cardano is less than one
dollar now obviously nobody knows the future if we all knew the future we'd all be rich curious
to know what you think about this and let's get into some details how did they reach this number
and hey screw 2030 what can cardano do this year cardano's future is bright according to the latest
analyst poll made by finder a comparison website and money app in its latest cardano centric report
a panel of analysts predicted that the smart contract enabled cryptocurrency will reach a price
of 58 dollars by 2030. first of all as a cardano holder it's great to see cardano described as the
smart contract enabled cryptocurrency this only went live last year i know many of us have been
holding cardano since before this so it's great to just see cardano recognized on that next level
now we'll reach a price of 58 dollars by 2030. i'm curious to find out some of their reasoning
the poll also predicted that cardano would finish this year with a price of two dollars and 72 cents
jumping more than 160 percent 2.72 cents right now it's less than a dollar two dollars and seventy
two cents and then fifty eight dollars within the next eight years it's interesting to think
about and i know right away people are going to write this off saying this could never happen
i mean if bitcoin is at 150 000 if ethereum is at 10 000 why wouldn't this be able to happen
if bitcoin is worth half a million if ethereum is worth 25 000 why wouldn't this be able to happen i
mean obviously it depends on a lot now let's hear from some of the proponents one of the biggest
proponents of cardano on the panel chief product officer at permission vanessa harris believes
that the currency could reach the three dollar mark this year she explained her opinion stating
cardano is one of the few smart contracts that have placed security correctness and
decentralization at their core backed by formal methods and peer-reviewed research
while cardano has been criticized for the slowness of its advancement when it comes to including new
features and functions into the code base harris believes it will aid the currency in being
adopted by nation states and non-governmental organizations due to its resilience particularly
maybe in africa where they're working so closely and actually i do want to encourage you use the
link in the description get your tickets for bitcoin miami we will be there everybody's
going to be there it's the biggest bitcoin and cryptocurrency conference in the world 10 off for
using our discount code it'd be cool to hang out with you it'd be cool we're going to be mingling
with a lot of people and um it's going to be the biggest event of the year use altcoin daily get 10
off anyways now the panel who they pulled is not all filled with cardano moonboys there's also some
critics so let's hear from them however not all of the consulted experts were equally bullish
among the bearish ones are ceo of balthazar john stefanditis and investor veronica m stefanditis
sees cardano's price dropping in 2022 due to the lack of execution and poor technology veronica m
also thinks that cardano's price will go lower in the next 10 years she declared unless they achieve
great advances and a significant user base it may suffer the same fate as most proof of stake coins
so a little bullish analysis a little bearish analysis cardano holders what do you think of this
comment your thoughts on anything we've discussed below so far it'll be interesting to see what
people who hold cardano actually think of it or or people who are in cryptocurrency and in the know
right now regardless on price predictions i'm more interested in reasoning than price predictions
and i'm even more interested in current metrics than reasoning but of course we have to combine
all of this together so let's get into some of that something that i consistently notice in
cryptocurrency is that cardano is always at the top or near the top when it comes to development
and that's truly what you want to see for almost all if not all of the projects that either
you hold or you believe in you want a team that is continuing to update and implement or do whatever
now in this case we're talking about active developers but even if we're just talking about
github commits cardano is always at the top or near the top based on everything i've been seeing
for the past two years and of course this chart is highlighting solana but my point on cardano
still remains true let's hear from some cardano believers many people simply do not understand
what cardano is doing cardano is built to provide decentralized financial infrastructure on a global
scale this is huge bigger than what most are focused on right now ada is the biggest sleeping
giant in crypto it's going to explode so this is a man who truly believes in cardano and to
go even further charles hoskinson the poster boy for cardano development the leader of iohk this is
the man who is spearheading the cardana movement to a large extent and understand this man is a
billionaire he could do anything he wants what he wants to do is change the world for billions of
people no yachts or pateks just pens and hard work his legacy will be reverberated around the world
for generations and you gotta believe that's true if cardano continues to gain momentum and
continues to be a success you know this man is like the steve jobs of cardano and you know we
hope to see it succeed and i love to see different metrics like this like we're about to go over now
as you recall sunday swap is cardano's version of uniswap it's their decentralized exchange
the sunday swap protocol has now seen over 100 million ada in volume traded since launch
how's that for a ghost chain yeah that's great to hear now speaking of volume this
was a really interesting metric i noticed the other day cardano versus ethereum volume and
fees cardano did higher volume than ethereum for a certain period of time with of course
568 times cheaper fees now usually ethereum is doing more volume than cardano but cardano nipping
at ethereum's heels i love this competition ada 24-hour transaction volume is 17 billion
more than ethereum and bitcoin combined with only a fraction of the transaction fees this happened
the other day so am i bullish on cardano can i see higher prices than a dollar
you better believe i can what do you think will happen to cardano 2022 and towards 2030 let me
know in the comments below and before we move forward i'd be remiss if i also didn't give you
this case because to be quite honest with you guys this is the three-day chart for cardano and this
the shape of this chart doesn't look great uh descending triangle right the lights are
flickering nothing but gravity lose this level and its lights out and then we see some support around
the 40 cents so perhaps we're due to see one last capitulation one last flush out but i think it
really probably largely has to do with what's going to happen with bitcoin and ethereum over
the next six months to a year anyways let's move forward because besides that there are big things
happening in the space dapper labs flow network sets records after ufc and nfl nft platform
launches this is what you need to know the flow blockchain ecosystem has set recent records for
daily transactions and new wallet signups that's two good metrics you want to see trending up
dapper labs launched its ufc strike nft platform to the public in january
while its nfl all-day platform is currently in closed beta and we all remember how successful
nba top shot top shots was in in 2021 this is ufc strike where ufc fans can collect some of
their favorite moments what do you think is this going to increase with popularity i think nfts and
sports franchises are a perfect fit go to where the collectors already are go to where the the
fan base is already so strong so just so much has been happening this past week it's hard to just
you know you feel just inundated with so many huge things but you know stuff like this and stuff we
go over all the time on this channel that you know it's makes me remain bullish on just this whole
asset class in general anyway my friends i will see you tomorrow it's going to be a great year