Cardano To Spearhead Altcoin Eruption, Says Crypto Trader Aaron Arnold

Popular crypto trader Aaron Arnold is a cop from Cardano (ADA).

Arnold tells his 750,000 YouTube subscribers that he is optimistic about Ethereum’s rival because he believes it will be based on ETH’s wave of success.


“I’m a Cardano bull in this cycle. I think there are many reasons to be optimistic about Cardano. The main reason I am optimistic about Cardano this cycle is because I am optimistic about Ethereum this cycle …

In a world where Ethereum is so valued and speculated, I think Cardano will do well … Many different metrics now lean towards Cardano. ”

ADA, the seventh largest crypto asset by market capitalization, is trading at $ 1.65 at the time of writing and is up nearly 24% in the past two weeks, although it’s down nearly 8% in the past 24 hours, according to CoinGecko.

Arnold says he’s also optimistic about Cardano because of the project’s upcoming developments: In April, IOHK (Input Output Hong Kong), the development company of the asset, announced that the Alonzo upgrade would start in August and smart contracts into the Cardano blockchain will integrate.

Arnold also notes the project’s social engagement, pointing out that there are more than 400,000 “Cardanians” on Reddit.



Don’t Miss A Beat – Subscribe to send crypto email notifications straight to your inbox

Follow us on Twitter, Facebook and Telegram

Surf the Daily Hodl Mix

Check the latest headlines

Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making any high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trades are made at your own risk and that any losses incurred are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock / Mia Stendal

Comments are closed.