Aggressive Bull Case For Cardano Mapped Out Despite Market Fear Spike

With crypto sentiment “sitting at a five” on the fear-and-greed scale, a crypto market analyst is doubling down on a high-conviction bull thesis for Cardano (ADA) and its privacy sidechain Midnight, arguing that current conditions echo early-2000s tech valuations rather than a dying asset class. Dan Gambardello frames the setup as a value-investor moment, comparing today’s crypto draw-down to Amazon’s collapse in 2001, when the e-commerce giant’s market cap fell more than 90% to roughly $2.2 billion before eventually climbing to around $2 trillion. The point, he stresses, is not that Cardano “is Amazon,” but that major technology trends

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