The crypto market seems to be suffering another correction, according to the latest figures. Most of the important coins are trading in the red today. Check out the latest optimistic predictions that have popped up in the crypto space despite the massive volatility that we see in the market.
ADA and ALGO optimistic price predicitons
It’s been just revealed that there is a popular crypto analyst who thinks Cardano (ADA) and Algorand (ALGO) will be two blockchains “to watch out for” when the next bull market pops up.
Pseudonymous Coin Bureau host Guy says in a new discussion with fellow crypto analyst Benjamin Cowen that both Ethereum (ETH) rivals have great teams behind them. Check out what he had to say below.
“Long-term trend-wise, I think investors — particularly institutional investors, which is obviously where Cardano is lacking in that respect — but I think any investor will look at the likes of Ethereum and Cardano in the aftermath, when interest in crypto returns, and go, ‘Well, these guys were able to execute these big upgrades, and they went flawlessly.’”
He continued and pointed out the following:
“And I think that is a testament to the caliber of people working on those projects, and that I think will be a big part of peoples’ due diligence in the future. So although price hasn’t done anything, I think it’s really, really positive, for Cardano especially.”
Crypto mass adoption ecosystem
Cardano (ADA) co-creator Charles Hoskinson stated not too long ago the fact that they have built a community and an ecosystem primed for mass adoption.
In an interview with Messari founder Ryan Selkis, Hoskinson reiterated the importance of taking an academic and scientific approach to the development of the Cardano blockchain.
Hoskinson also made sure to point out the fact that their slow but steady methodology is something that the community clamors for, especially during crypto winters.