Top YouTuber Says $10 Price ‘Definitely Possible’ for Cardano

The Modern Investor, a prominent YouTube personality, recently suggested that Cardano (ADA) reaching $10 is “definitely possible” during a strong altcoin season. 

Currently, Cardano is trading at $0.6578, down over 3% in the past 24 hours. The altcoin has also hit a weekly low, falling 7.9% over the past 7 days. To reach the projected $10 mark, ADA would need to surge approximately 1,420% from its current price.

A key factor influencing the YouTuber’s bold outlook on ADA is a series of fundamental developments working in Cardano’s favor. He notably referenced a recent statement by Cardano founder Charles Hoskinson, who subtly commented on ADA’s price potential.

Hoskinson mentioned that ADA could reach price targets of $3, $5, and possibly $10 as the ecosystem continues to mature.

This perspective aligns with internal developments, including strategic efforts to integrate Bitcoin staking and support Ripple’s stablecoin, RLUSD.