Crypto analyst Ben Armstrong predicts that Cardano price could rise to $8. According to the analyst, this will happen before the altcoin cycle ends.
Crypto analyst Ben Armstrong has given his opinion on Cardano. According to Armstrong, the price of 1 ADA token can easily rise to $8 before the altcoin cycle ends. He made this statement in a YouTube video along with Crypto Jebb entitled: “Best Investment in 2021: Bitcoin, Ethereum or Cardano?”.
Armstrong believes Cardano will hit $8 before October 31, 2021. He said this is because, institutional interest has grown tremendously in ADA.
The analyst is not only positive on Cardano, according to him Polkadot (DOT) and Elrond (eGLD) also have tremendous bullish potential.
Armstrong explained:
I like Cardano. I think Cardano and Ethereum will be around for a long time. Polkadot (DOT) plays a role somewhere I think, but personally I really believe more in Ethereum and Cardano. I think Polkadot has a place, I think Elrond (EGLD) has a place and Solana (SOL) has a place, but I think we’re talking about the two giants and I think they will stay here for very long period of time.
Watch Video:
03:40-Bitcoin (BTC) could hit 100k by July.
07:30-Ethereum (ETH) is here to stay.
13:30-Cardano (ADA) $8 make it.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
