Billionaire Michael Novogratz is seeking information on the Cardano, also known as Ada, last Tuesday, asking for help to explain the more than sixfold surge since the middle of December that briefly made it the third-biggest cryptocurrency by market value after stalwarts Bitcoin and Ethereum. Yes, he invested heavily on these two coins and a major pump followed soon after. For this reason, people are extremely bullish on this project right now.
With all that said, it would seem to me that the rise of Cardano over the past three months is catching the attention of some of the savviest investors in cryptocurrencies. This sort of mainstream attention is exactly what Cardano needs!
In addition to that, Cardano still has a crazy amount of events left to happen and that is a massive positive when looking at the future price.
ADA's founder Charles Hoskins has agreed to meet with the billionaire and so we wait to see what will happen. I am excited and I sure hope that you are too.
āļø PS: I am NOT a financial advisor and the content that I release is for educational purposes only. I advice everyone to do their own research prior to any investment decisions.