Blockchain

Cardano could go up 400%, but according to KOL Capo. there is another altcoin that is stronger

The widely acclaimed analyst is Capo suspect a big rally for Cardano (ADA). The trader said Cardano is likely to hit $ 10 before this cycle ends, up about 400% from current levels.

However, according to Capo, Polkadot (DOT), the 8th cryptocurrency by market cap, appears to be a better trade now.

“A lot of people ask me about ADA. I’m still bullish and $ 10 + is very likely this cycle, but DOT looks a lot better so I sold my ADA and bought DOT a few days ago.

At press time, Cardano is trading at $ 1.98.

ADA / USDT. Source: TradingView

In late October, Capo predicts that polkadot will hit a price of $ 250 and then rise to $ 650.

“DOT – Very optimistic. It will be better than any other coin. The main targets are $ 250 and $ 650. “

Source: Capo

Last month, the analyst predicted that Polkadot would outperform Cardano at the end of the current bull cycle, and would also outperform Solana (SOL), Binance Coin (BNB), Ethereum (ETH) and Bitcoin (BTC).

“Expected performance by the end of the cycle: DOT> SOL> BNB> ADA> ETH> BTC”.

At the same time, the trader said that he was “bullish” with Ethereum, “very bullish” with Cardano and “extremely bullish” with Polkadot.

DOT is trading at $ 50.57 at the time of writing.

DOT / USDT. Source: TradingView

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Annie

According to Dailyhodl

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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