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A crypto founder shares a bullish outlook on the Cardano ecosystem, predicting an explosive rally that could trigger extreme price surges across $ADA and its low-cap tokens.
The commentary emphasizes the speed, intensity, and emotional impact of past Cardano-driven market cycles, suggesting a similar phase may be approaching.
Key Points
- SongMarketCap founder Jure Karamarko describes Cardano’s rally as fast, chaotic, and emotionally overwhelming.
- Token prices can spike up to 200% within hours once momentum peaks.
- Low-cap Cardano tokens between $5 million and $15 million are highlighted as the primary beneficiaries of these significant rallies.
- $ADA’s remarkable performance in 2021 continues to fuel bullish projections.
Cardano Ecosystem Poised for an Explosive Breakout: Crypto Founder
Jure Karamarko, the founder of Cardano-based project SongMarketCap (SONG), shared a bold projection in an X post today. He argued that many new market participants have never experienced the kind of rapid, multi-day rallies historically associated with Cardano-led uptrends.
Karamarko described past scenarios in which tokens gain 120% in a single day, followed by additional 80%, 200%, and 90% surges within just a few days. He argued that such rallies often unfold at breathtaking speed, leaving little time for traders to react before prices climb dramatically higher.
Beyond $ADA itself, Karamarko spotlighted low-cap projects in the Cardano ecosystem, suggesting that tokens with market caps between $5 million and $15 million could soon see historic rallies.
What This Means For the Broader Cardano Ecosystem
The commentary reflects rising optimism around Cardano’s broader ecosystem and renewed speculation that a major altcoin cycle could be underway. If such momentum materializes, it could attract increased capital inflows, trading activity, and attention to smaller Cardano-based projects.
Although this momentum could trigger a big rally in small-cap projects, the situation carries significant risk, as prices can drop dramatically.
Historical Context
Karamarko’s commentary draws from Cardano’s strong performance during the 2021 bull market. $ADA traded at $0.1814 on January 1, 2021, and then surged by more than 100% to $0.3957 within three weeks. Shortly after, it gained another 200%, reaching $1.19 by February 20. The rally continued, with $ADA hitting $2 in May and later peaking at an all-time high of $3.10 in early September.
Against this backdrop, Karamarko expects a similar, rapid rally in low-cap Cardano-based tokens in the near term. Some projects with a $5–$15 million market cap with the Cardano ecosystem include SONG, MinSwap, Liqwid Finance, NuNet, Stuff.io, Indigo Protocol, and Hosky. However, he emphasized that the rally will commence after Cardano first rises sharply, followed by other ecosystem tokens.
While Karamarko anticipates an imminent rally, the broader market sentiment remains cautious as Bitcoin remains around $70K.
Moreover, Cardano founder Charles Hoskinson has cautioned that the broader crypto market may face further declines in the coming weeks or months.
He expects the upcoming downturn to replicate the February 5 sell-off, during which his paper loss exceeded $3 billion as $ADA fell to $0.2262. Although the token has since rebounded to about $0.2693, $ADA remains down roughly 19% year to date.