- Analyst and trader Dan Gambardello revealed that a bullish explosion is setting up for the Cardano ecosystem.
- The analyst believes that Cardano’s 2023 pre-bull run standing is similar to Ethereum’s 2020 pre-bull run standing.
- At press time, ADA was up 2.40% and was trading hands at $0.3965.
The cryptocurrency trader and analyst Dan Gambardello revealed in an X post yesterday that a bullish explosion for the Cardano ecosystem is setting up. In his post, Gambardello highlighted the fact that the top 20 Cardano tokens currently have a collective market cap of around $850 million.
Cardano Holders: It's now time to pay attention and prepare for the 1st Cardano ecosystem bull run in history!Currently the top 20 Cardano native tokens total market cap is around $850 Million…
For perspective, right now the Ethereum top 20 coins total is around $235…
— Dan Gambardello (@cryptorecruitr) December 2, 2023
This impressive statistic is overshadowed by the $235 billion market cap of the top 20 Ethereum coins. At the heart of the analyst’s bullish outlook for the Cardano ecosystem is his firm belief that he reiterated in the post, which is that Cardano’s 2023 p…
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