A little earlier this summer, I made a pretty big call – that Cardano (ADA) would be worth $1 or even $1.50 before the weather cooled down.

I felt comfortable making a call like that because I’ve looked under the hood of Cardano’s “Vasil” hard fork (it’s an upgrade), and what I see will make the cryptocurrency, which is one of my favorites, much more efficient, much easier to use, and, because of that, way more valuable in the medium- to long run.

A few weeks have gone by since my prediction, and there’s been a delay, but I’m not sweating it; I see a lot out there that gives me confidence I made the right call.

See, the very first one of my “5 Ts” is: can the team be trusted? The answer here is a loud “yes.”

There’s a lot to look forward to, so I’ll walk you through what’s happening right now, and show you how to play it.

What’s Coming Next for Cardano

Back in June, the thing I said will make ADA “leaner, meaner, greener, and more capable” is something… very complicated – I went into detail on the upgrades here. The upshot, and the practical effect for everyone who uses the network, will be faster block generation, lower fees, and less energy usage.

I’m talking about better performance, and a real boost to Cardano’s smart contract capabilities, too. This will also make Cardano much easier to scale – something it’s struggled with over the past year or so.

So, when you see the impact Vasil is going to have, it’s easy to see why higher prices are in the cards.

Input Output (IO), which is the blockchain engineering firm who built the Cardano network, had originally planned for Vasil to go live at the end of June, but then the developers announced they’re delaying implementation by about a month.

The IO team called the delay “disappointing,” but they said much, much more than that. Some degenerate gamblers – whoops, I mean “speculators” – freaked out, which sent prices lower, but they obviously A) don’t really care about Cardano itself, and B) don’t read.

In announcing the delay, IO’s project manager said the team was working on a list of seven bugs, none of which were classified as “severe.” Seven issues – that’s it. The manager also said “The work on Vasil has been the most complex program of development and integration to date, from several angles.”

Clearly, Cardano/IO is more focused on getting it right, as opposed to getting it out. I’ve got zero concerns with that, and when you think about it, it’s reassuring, not “disappointing.”

After all, the insanely destructive $64 billion collapse of TerraLuna was brought on by fast-buck artists looking to get paid. I can’t imagine much care or thought was given to Terra or any other “algorithmic stablecoins,” since, on the very face of it, they’re completely absurd.

In taking the time to get it right, Cardano and IO are really validating the first of my “5 Ts”: Can the team be trusted? Like I said, yes, they can.

Here’s What You Can Expect This Summer

Vasil has been pushed out to the testnet, and once that’s been hard forked, IO developers and operators will take care of any other integration and testing and then execute the Vasil Hardfork on the “mainnet,” or, as I like to call it, “in real life.”

Cardano is looking to make a global impact with this cryptocurrency. We’ve talked about all the projects underway and still on the drawing board, and this upgrade is a huge part of meeting those goals. Cardano may well have what it takes to be the world’s top smart contract platform, which would mean beating Ethereum at what Ethereum does best.

That’s a tall order, but it’s a great goal to shoot for. If you’re taking on the champ, you’ve got to bring your A-game, and, delay and all, it looks like that’s what the Cardano team is doing.

What you want to be doing here, and what I’m doing, is buying – buy lower and lower. Dollar-cost average in. ADA is trading for less than $0.45 cents right now, and if my conviction is right, investors who get in at these levels could see more than a double at $1 or, at the outside, even triple their money if Cardano goes all the way to $1.50.


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John Perry
John Perry
2 months ago

You are talking short term. I am much more interested in what you expect the
price of ADA will be 2 to 3 years from now.

American Institute for Crypto Investors Research Team
American Institute for Crypto Investors Research Team
2 months ago
Reply to  John Perry

No one can predict ANY crypto price It’s all speculation but in the next bull run (2024) it will go up drastically.

Nicholas Vatalaro
Nicholas Vatalaro
2 months ago

ADA fan here. Hoskinson is required for crypto to succeed

American Institute for Crypto Investors Research Team
American Institute for Crypto Investors Research Team
2 months ago

Time tells everything.

Graham Sands
Graham Sands
2 months ago

Hi Nick, I am pretty disappointed with last nights announcement. As a Brit I stayed up till 1am to hear what you said. (A Sales Pitch) I joined as a member only a few weeks ago under AWN, no mention was made in the sales pitch about AWN being called AICI – that was sneaky!! So I paid my lifetime membership to AICI

I became a member of AICI lifetime because I also, very strongly believe in Crypto, but what you produced last night seemed to go against my membership.

I totally get your stance on Crypto and believe your due diligence cannot be matched, just a little disappointed that is all.

AICI Lifetime Member

Last edited 2 months ago by Graham Sands
American Institute for Crypto Investors Research Team
American Institute for Crypto Investors Research Team
2 months ago
Reply to  Graham Sands

You can still use your strategy my shows are about what I’m investing in, you can choose to copy what I’m doing or not no worries. It’s all about results in the end and I always show you my results.

Henry Collins
Henry Collins
2 months ago

Much appreciated !!!

American Institute for Crypto Investors Research Team
American Institute for Crypto Investors Research Team
2 months ago
Reply to  Henry Collins

Very welcome

Michael Jones
Michael Jones
2 months ago

Thank you for the information. I completed an initial buy of a variety of crypto. Looking forward to the recommendations on the ones to increase my holdings. I already sold the SOL I had and purchased something different.

American Institute for Crypto Investors Research Team
American Institute for Crypto Investors Research Team
2 months ago
Reply to  Michael Jones

Nice and very welcome.