Liu Sees 3X Potential for ADA Despite Slow Cycle

Cardano (ADA) supporters continue to reject claims that the network and token are dead. VirtualBacon founder Dennis Liu has pushed back against such narratives, arguing that ADA could potentially triple from its current level.

Liu does not expect ADA to outperform most other cryptocurrencies this cycle, but he pointed to Bitcoin's potential for another major move as a reason to remain optimistic about the asset. He suggested that ADA could deliver an even larger percentage gain than Bitcoin.

'I don't think it beats most coins this cycle, but Bitcoin still has at least a double left to run, and I see no reason ADA can’t at least triple,' Liu remarked.