According to a crypto analyst, Cardano ($ADA) ‘could potentially go to $10 at Bull Run Peak.'

Cardano $ADA currency is flexing "its pump muscles" right now, according to crypto analyst and host of crypto-focused YouTube channel "Thinking Crypto" on Thursday (August 19). And it did flex.


$ADA was trading about $2.3468 on crypto market Kraken around the time the above tweet was sent, according to TradingView data. It has shattered its previous all-time high of $2.4223 (hit on May 16) in less than two hours and was on its way to new all-time highs, reaching $2.6471 at 08:00 UTC (August 22), which is today's intraday high.

Dan Gambardello, Founder of Crypto Capital Venture, is one of many who feels that Cardano's current bull run has considerable staying potential, believing that $ADA, although having grown in value 1390 percent so far in 2021, is still undervalued at these levels.

Tim Harrison, the marketing and communications director at IOG (or "IOHK"), the technological business that provides the software that implements the Cardano protocol, said on Friday (August 20) that many people underestimate his company's Cardano goals.

Cardano's market cap will surpass that of all other smart contract platforms in the next crypto bull cycle, according to crypto researcher Tai Zen (including Ethereum).

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