Dan Gambardello, founder of Crypto Capital Venture, named three altcoins he thinks will be the stars of this bull season in a recent X post. Gambardello, who is known to be a big fan of Cardano, stated that Cardano (ADA), Avalanche (AVAX), and Dog (DOG) are the top altcoins that have the potential to perform tremendously and are worth considering buying today.
Read CRYPTONEWSLAND onCardano (ADA)
Gambardello identified ADA as an altcoin that has strong fundamentals but is often overlooked. According to him, many people are caught in fake news about Cardano, including claims that this network is centralized.
However, through the Voltaire initiative, Cardano will have the largest on-chain governance system completely run by the community, demonstrating true decentralization. Furthermore, Gambardello stated that Cardano’s way of scalability will surprise many people, with intelligent security layers. From the consistent research he has done, Gambardello sees a possible surge in ADA prices in the future.
Avalanche (AVAX)
According to Gambardello, Avalanche is now engaged in several actions and narratives that have the potential to drive the price of AVAX to unprecedented levels. Avalanche staking has just launched on American crypto exchange Coinbase, which is a watershed moment for the protocol and the exchange.
Additionally, payments giant Stripe has entered into a strategic partnership with this blockchain network to expand its crypto presence. There are also novel subnet concepts, according to Gambardello, that have the potential to pique institutional interest and generate publicity. Ava Labs President John Wu has hinted at the possibility of an AVAX ETF, which might boost the altcoin’s value.
Dog (DOG)
Many people may find the choice of DOG ludicrous, but Gambardello points out that this cryptocurrency is the biggest meme on the biggest blockchain, Bitcoin. Additionally, DOG has $1 trillion in liquidity, whereas its theoretical capitalization is only $750 million.
Gambardello believes DOG has the potential to beat DOGE in the long run, but he also notes that DOG is “my high-risk/high-reward play for this cycle.”
As for the future of ADA, AVAX, and DOG in the crypto industry, the potential appears promising. ADA’s commitment to decentralization and scalability, AVAX’s strategic partnerships and innovations, and DOG’s surprising liquidity and meme status all contribute to a positive outlook. Investors should carefully consider these factors and the evolving landscape of the crypto market for potential opportunities and growth.
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