Recent analysis suggests that Cardano (ADA) could experience a similar price surge as Binance Coin (BNB) if BNB continues to lead the altcoin market. BNB has seen significant gains in the past few days and has reclaimed $700, with its weekly gains reaching 22.2%. Market analyst Ali Martinez believes that BNB might be front-running the altcoin market, and Cardano could be the next asset to follow its lead. There is a correlation between BNB and Cardano's price action, and Cardano has started to recoup its correlation with BNB. If Cardano mirrors BNB's recent surge, it could reach over $1, resulting in a 27.7% rally. Martinez has previously speculated that Cardano could surge to $15, a 1,815% increase from its current price. Cardano is currently consolidating after a breakout and is trading at $0.7845.
Content Editor ( thecryptobasic.com )
- 2025-02-13
Cardano to $1: Market Expert Suggests ADA to Mirror Pacesetter BNB’s 20% Surge
