As reported by CryptoPotato, analysts remain optimistic about Cardano’s ADA, predicting serious growth in 2024. Forecasts include short-term targets of $1 and even higher values, influenced by upcoming market events such as the Bitcoin halving. Cardano’s ADA performed quite well in the last quarter of 2023, with some analysts predicting even greater gains in 2024. The host of educational YouTube channel Coin Bureau is also among the bulls. In his most recent video, he outlined Cardano’s development, setting a short-term target of $1. Twitter user Lucid highlighted Cardano’s technology, blockchain, and community and predicted a price of $10. Well-known cryptocurrency analyst Ali Martinez also expressed his opinion, believing that ADA’s value trajectory has reflected the 2018-2020 cycle. He added: “If this trend continues, we may see ADA consolidate at current levels until April, setting the stage for a potential bull market recovery.” It is worth noting that April will usher in Bitcoin The coin halving is an event that has historically been accompanied by a rally in Bitcoin. Altcoins tend to follow the trajectory of major cryptocurrencies, which means ADA could be a winner as well. Last year, Crypto Capital Venture founder Dan Gambardello and Twitter user Tyler Strejilevich offered more bullish predictions. The former claims that the Bitcoin halving will push the price of ADA to $11, while the latter predicts a 6000% increase in the next 60 weeks.

#比特币减半 #Cardano