Top Crypto Founder Says Cardano Has Life-Changing Potential, Urges Investors Not to Bet Against ADA

SongMarketCap founder Jure Karamarko has reiterated his bullish outlook on Cardano, arguing that investors should not underestimate ADA or the blockchain’s growing ecosystem of native tokens.

Karamarko made the statement in an X post yesterday following ADA’s strong price rally in recent days. According to him, anyone betting against Cardano will ultimately lose.

He further asserted that combining ADA with carefully selected Cardano native tokens could significantly amplify investment returns and potentially “change lives for generations.” His remarks underscore his long-term conviction in the Cardano ecosystem, particularly as ADA continues to recover from last month’s market weakness.

ADA Stages Strong Recovery

ADA has rebounded sharply after a challenging period. Last month, Cardano fell below $0.14 and dropped to the 18th position on CoinMarketCap’s rankings. However, bullish momentum has since returned.

Over the weekend, ADA climbed to around $0.20, briefly surpassing Stellar (XLM) to become the world’s 13th-largest cryptocurrency by market cap before retracing slightly to the 14th spot.

Against this backdrop, Karamarko emphasized that Cardano’s investment potential extends beyond ADA alone. Rather than focusing solely on ADA’s price appreciation, Karamarko argued that Cardano’s expanding ecosystem of native tokens presents additional opportunities for investors.

SONG Founder Defends His Argument With Recent Performance

Karamarko’s comments sparked mixed reactions within the crypto community. While many bullish investors agreed with his outlook, critics argued that his thesis relied too heavily on short-term price action.

In response, Karamarko highlighted the recent performance of ADA and an unnamed Cardano native token to defend his position. He noted that ADA gained 28% over the past 30 days, while one Cardano native token surged 120% during the same period. Based on those gains, he argued that an investor holding both assets would have realized a combined portfolio increase of 281.6% over the month. 

SONG Massive Spike 

Although Karamarko did not explicitly identify the native token in his post, his remarks are widely believed to reference SONG, the native token of SongMarketCap, the project he founded.

Recent on-chain data supports the token’s impressive performance. Over the past 24 hours, SONG has gained 4.84%. Meanwhile, it has risen 11.2% over the past seven days and an impressive 113% over the past month.

At press time, SONG was trading at $0.00425, extending its strong upward momentum and reinforcing Karamarko’s argument that select Cardano native tokens, when combined with ADA, could deliver substantial gains.