Buckle up, my crypto people! 🚀 Charles Hoskinson, the big boss of Cardano, dropped a bombshell about Bitcoin that has us all speechless! If this guy, who is the competition, is so optimistic about BTC, what does that mean for the future of our investments?
Attention, folks! Charles Hoskinson, the brain behind Cardano ($ADA), let his hair down and launched a prediction that will blow your mind! This "evangelist" of Bitcoin (yes, the one from Cardano!) says that the total value locked (TVL) in Bitcoin could reach between $50 billion and $100 billion in just 12 months! 🤯 Imagine that amount of digital cash moving on the Bitcoin network, it's crazy!
This forecast is not just another number; it's a giant wink to the unstoppable growth of Bitcoin and how the world is rapidly embracing everything related to WEB3. Hoskinson is super optimistic about the DeFi (decentralized finance) sector and sees Bitcoin as a main player in this revolution. 🚀
Now, the million-dollar question is: if Bitcoin is going to grow this wildly, how does Cardano ($ADA) hop on that train? 🤔 Hoskinson himself is exploring how Cardano can take advantage of this Bitcoin boom, even suggesting that Cardano invest in BTC.
Although Cardano has remained stable, with weekly DEX volumes not falling below $15.8 million, its TVL has had its ups and downs, reaching $242 million in June and recently rising to $329 million. Not bad, but still far from giants like Ethereum or Solana.
And speaking of $ADA, its price has been like a roller coaster! 🎢 It fell 26% in July, but it is already showing signs of recovery, hovering around $0.75. Experts are seeing patterns that suggest a possible takeoff. Some even predict that ADA could reach $10 in this bull cycle, or even a 100-fold increase! 🤑 Just imagine that!
ADA is still far below its all-time high from 2021, but it's forming a "cup and handle" pattern that has historically been a precursor to explosive rises. A famous analyst, Ali Charts, even compared the current situation of $ADA to its performance in 2021, which makes us think that something big is coming! Get ready because, if history repeats itself, $ADA could bring us huge joy. ✨
So, are we about to see a massive takeoff in the crypto world with Bitcoin leading the charge and Cardano trying to catch up? This is getting exciting! We need to keep a close eye on these movements because the future of decentralized finance could change in an instant!$BTC $ADA