Crypto analyst @deezy_BTC is turning heads with a bold call—he believes Cardano ($ADA) price could climb to $5 this cycle, possibly becoming the top altcoin of the year.
The hype is growing, especially with $ADA jumping 9.71% in the past 24 hours to $0.6214, pushing its market cap to $21.92 billion.
“Things are getting exciting for Cardano,” @deezy_BTC said. He points to a textbook head and shoulders pattern in $ADA’s market cap dominance from the last cycle, with clear shoulders and a head signaling a breakout. “You measure from the neckline to the head’s top, and that gives the target,” he explained. Now, another pattern has formed, projecting $ADA dominance to hit 3.5%.
If the total crypto market cap reaches $5 trillion—a scenario many see as likely—Cardano grabbing 3.5% of that would push its market cap past $175 billion. With its current supply, that means $ADA could soar well above $5. “When Cardano tops out, it’s 3.5% of $5 trillion, looking at over a $5 $ADA,” he added.
Cardano, built by Ethereum co-founder Charles Hoskinson, has gained traction with its peer-reviewed upgrades and energy-efficient proof-of-stake. Its recent 9.55% market cap growth to $21.92 billion, despite a 7.61% drop in 24-hour volume to $1.36 billion, shows resilience. Traders on X are buzzing—some even think this could be Cardano’s altseason.
Yeah, there’s still the usual talk about volatility and tough competition, but @deezy’s chart has people hopeful. If he’s on point, $ADA might just go toe-to-toe with ETH and SOL.
As of Thursday morning (April 10), Cardano’s holding is around 3.5%. Can it hit $5? If it does, 2025 might be its year to shine.
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