Cardano Bull Names Top 3 Altcoins To Outperform This Cycle

Cardano bull and Crypto Capital Venture founder Dan Gambardello is bullish about a few altcoins, citing that they could be the star performers in this bull season.

The crypto enthusiast listed Cardano (ADA), Avalanche (AVAX), and Dog (DOG) as the top altcoins for the season. He claimed to have put a lot of work into calling these digital currencies.

Cardano (ADA)

He identified ADA as a top sleeper with insane fundamentals. Gambardello stated that the masses has consistently bought into the false headlines been propagated about Cardano including the fact that the network is centralized. For him, this outlook has greatly influenced the engagement with the altcoin.

“But in fact, through Voltaire, Cardano will have the largest on-chain governance system in all of crypto, fully run by the community. True decentralization. The way in which Cardano scales will also shock everyone. All with a brilliant layer of security,” the Cardano bull said.

From consistent research which he claimed he has conducted, Gambardello says ADA price always lags. However, he perceives the possibility of a significant jump in the near future.

Avalanche (AVAX)

Per the analyst’s statement, Avalanche currently has a couple of ongoing activities and narratives that could push AVAX price to unprecedented levels. Avalanche staking recently went live on American cryptocurrency exchange Coinbase, marking a pivotal moment for both the protocol and the exchange. Similarly, payment giant Stripe inked a strategic partnership with the blockchain network to expand its crypto presence.

There is also the reinventing subnets’ proposal, which Gambardello believes holds the capacity to push institutional interest and hype. John Wu, President of Ava Labs recently hinted at a potential AVAX ETF. This could trigger an upshoot in the value of the altcoin.

DOG

For many, Gambardello’s decision to choose DOG may sound absurd but the analyst highlighted that the altcoin is the largest meme on the largest blockchain – Bitcoin.

Furthermore, he noted that DOG has as much as $1 trillion liquidity behind it while its theoretical cap current sits at $750 million. He sees the possibility of DOG flipping DOGE in the long run but at the same time, he stated that DOG is “my high risk / high reward play for this cycle.”

Currently, ADA is trading at $0.4492, while AVAX is currently trading at $35.86.

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