
The US-China tariff war and the bear pressure that followed, dealt a huge blow to top altcoins. Cardano fell almost 50% from its yearly high of $1.2. However, crypto analyst Dan Gambardello remains confident that the altcoin could peak at a $100 billion market cap ahead of meme favorites like DOGE.
Can the lofty Cardano price prediction materialize before DOGE's rebound? Analysts are forecasting a new altcoin to mirror the exceptional performance.
Trump's decision to raise the base tariffs on Chinese imports to a dizzying 145% worsened the crypto market pullback. Cardano had a fair share of the hawkish decision and fell to $0.66. However, crypto analyst Dan Gambardello stood by his bold Cardano price prediction, which suggested that the altcoin could peak at $3 in the near term and surge to a staggering $100 billion market cap.
The historical outlook supports this projection. During the 2021 bull run, Cardano shot up 8,236% to a $100 billion market cap. With whale accumulation and a bullish technical setup forming, Cardano looks set for another breakout. Institutional interest has grown significantly.
Cardano's ETF talks are heating up, especially after pro-crypto Paul Atkin's swearing-in as the SEC chair on Monday. On the innovation front, Cardano is thriving. Its gold tokenization project with Kinka Gold and the Hydra project breakthrough have fueled more optimism.
Dogecoin wasn't spared from the bear storm. Even under Trump's pro-crypto administration and Elon Musk's D.O.G.E. initiative, which was predicted to propel Dogecoin to a new ATH, the anticipated rally failed to materialize.
However, Dogecoin maxis are eyeing a comeback amid the flurry of optimism that followed the April 20 Dogeday. This optimism came amid the chatter about a potential Dogecoin ETF approval. This year alone, the meme coin secured applications with four major firms, including Bitwise, Grayscale, 21Shares, and Osprey.
Adding to the bullish case, whales accumulated over 800 million DOGE last week. Now, analyst Ali Martinez has identified a potential breakout out of an ascending triangle to $0.195 in the near term. However, analysts' outlook still suggests that Cardano's innovative tech will outpace Dogecoin's satirical background.
While Dogecoin walks a tightrope, Cardano's price prediction suggests the best is yet to come—thanks to its impressive development, which contrasts with the former's focus on meme culture alone. This ingenuity is the same reason analysts and investors are flocking to the new PayFi altcoin, Remittix. Within four months alone, its token presale surged from $4 million to a whopping $14.5 million, and the momentum isn't slowing down.
This new cross-border protocol targets the $190 trillion cross-border payment market, which is plagued by centralized control, slow transaction times, and hidden charges. Remittix drew inspiration from Ripple's early innovation and built a swifter, scalable, cost-efficient, and regulatory-compliant way to transfer crypto and more than 30 fiat currencies globally.
Besides, Remittix's e-commerce-friendly enterprise PayFi API protocol has made it easier for businesses to serve Web2 and Web3 consumers seamlessly. The presale is still on! Over $14.5 million has already been raised, and the price is still at $0.0757. The price is more than a steal for an altcoin that promises a mouthwatering 8% APY on staking and a zero vesting period.
Innovative foundations have been the deciding factor between altcoins that thrive and those that fade into obscurity. The bullish Cardano price prediction proves that real utility and forward-thinking development win investors' confidence—exactly the kind of traction Remittix is pulling.
Many analysts predict that the RTX token could easily reach $1. So, don't fade the presale! New investors also stand a chance to win from the ongoing $250,000 giveaway.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.