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Analyst Asserts 99.99% Chance of Cardano ADA Hitting $100 Milestone

Published 02/08/2023, 15:03
Updated 02/08/2023, 15:15
Analyst Asserts 99.99% Chance of Cardano ADA Hitting $100 Milestone
ADA/USD
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  • Analyst Ben Armstrong, aka Bitboy, shares insights on Cardano’s potential to reach $100.

  • The climb to $100 would require over a 32,000% increase in value.

  • Cardano takes a step toward improving network speed and efficiency with Mithril.

In a recent YouTube video, crypto influencer Ben Armstrong, popularly known as Bitboy, shared his insights on the possibility of Cardano (ADA) reaching the monumental $100 milestone.

With unwavering confidence, Armstrong declared that the chances of ADA surging to that level are 99.99%, albeit over time.

The catalyst behind this optimism is the recent launch of Mithril on Cardano’s mainnet. According to Cardano’s official development team, Input Output Global, the upgrade represents a pivotal step toward enhancing the network’s speed and overall efficiency. Reportedly, one of the critical benefits of Mithril is its ability to reduce the time required for nodes to synchronize with the blockchain, thus speeding up transactions.

The post Analyst Asserts 99.99% Chance of Cardano ADA Hitting $100 Milestone appeared first on Coin Edition.

The post Analyst Asserts 99.99% Chance of Cardano ADA Hitting $100 Milestone appeared first on Coin Edition.

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