Cardano Rally Heats Up: Experts See 750% Jump Ahead

Cardano (ADA) was up 16% today and touched $1.28. The cryptocurrency had its biggest 24-hour gain in the last month, which boosted its market capitalization to $44.7 billion. Now, investors have begun talking about whether this momentum can be sustained, or if the rally has just been a temporary burst.

Cardano has gained a remarkable 268% in value over the past month, capturing the attention of bulls. Experts are keenly observing the token as optimism about the broader crypto market grows.

Bullish Predictions Fuel Market Hopes

Crypto analyst Javon Marks thinks ADA has more to go. On December 1, Marks presented a price target of $2.77, or 130% above its current value. He also suggested that ADA could go the same way as it did in 2021 and surge between $5.29 and $7.82. Lark Davis, another prominent analyst, went even further and predicted that ADA would jump by 747% to $10.

$ADA (Cardano) continuing to display monumental strength here and can be in full pursuit towards the first target of $2.7709 which can result in another +135% move from here to reach it but history says there can be more