- An analyst expressed bullish sentiment about ADA, projecting it to be on a path of $10.
- He reminisced about the last bull run when Cardano suffered delayed smart contracts with no contracts ready to go live.
- The analyst stressed a remarkable turnaround with massive projects running on Cardano.
In a recent tweet, a notable crypto analyst with the X username “Psyclops” expressed his enthusiasm about the Charles Hoskinson-led crypto project, Cardano (ADA), projecting ADA is now on a path of $10. The foundation of Psyclops’s extraordinary bullish sentiment about ADA rests on the current state of the Cardano ecosystem.
Psyclops first reminisced about the last bull run. He highlighted the challenges Cardano faced with delayed smart contracts where no contracts were ready to go live. He noted the delay resulted in a lack of functional Cardano-based decentralized exchanges (DEXs).
However, despite these setbacks, Psyclops reflected that ADA ultimately made it to an all-time of $3.10 at the peak of the 2021 bull season.
Last bull run Cardano completely bombed SCs. They were too late with no contracts ready to go. Not even a somewhat working DEX.The post Analyst Projects Cardano (ADA) Surging 1,478% to $10: Details appeared first on Coin Edition.And $AD…