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Popular Cardano pundit Dan Gambardello has expressed that the DOG meme coin in the Bitcoin ecosystem will outperform ADA in this market cycle.
Bitcoin (BTC) and Cardano (ADA) are drawing attention as they post notable daily gains, sparking interest in their ecosystem tokens. Today, Bitcoin reached $73,600, narrowly missing its all-time high of $73,750 by just $150.
This performance follows Bitcoin’s strong weekly growth of 9.4%, highlighting its ongoing momentum in the market. Cardano also experienced gains, rising by 3% today to $0.3563, though it still sits 1.4% below its weekly peak.
Now, analyst Dan Gambardello has called Bitcoin and Cardano “the power duo.” Meanwhile, Gambardello highlighted the DOG meme token as a potential power player against Cardano. Notably, the token is minted on top of Bitcoin via the Runes Protocol.
Gambardello disclosed that he is an investor in DOG and ADA, considering them his primary plays for this cycle. However, he expects DOG to outperform ADA in percentage gains this season, though he sees potential for both assets to achieve significant growth.
DOG Records Steady Price Gains
DOG has recently demonstrated steady growth, trading at $0.004815 at press time. This reflects a 1.43% increase in the past 24 hours and a 1.93% rise over the past week. Moreover, the token has increased by 18% over the last 30 days.
Leonidas, the host of The Ordinal Show, also commented on the meme coin landscape, noting that meme coins have been outpacing utility tokens. He emphasized that DOG’s current market setup could propel it toward new all-time highs.
Looking at Cardano
On the other hand, Cardano has been showing signs of a potential comeback, as Gambardello predicts the end of its “boring” phase in a separate report. Gambardello’s latest analysis recognized that Cardano’s sideways movement, which he described as “doing nothing,” contrasts sharply with Bitcoin’s trajectory, which is nearing its all-time high.
Gambardello reassured that Cardano’s current chart behavior is not unusual, implying that the recent stagnation aligns with typical patterns observed before significant upward moves.