Cardano (ADA) (Shutterstock photo)

[DigitalToday reporter Yoonseo Lee] SongMarketCap founder Jure Karamarko (주레 카라마르코) again made a bullish call on Cardano and the ADA token.

On July 6 local time, blockchain outlet The Crypto Basic reported that Karamarko said on X, formerly Twitter, after ADA’s recent rebound that investors should not underestimate ADA or the Cardano ecosystem.

Citing ADA’s rise over the past several days, Karamarko said investors betting against Cardano would ultimately incur losses. He said investment opportunities in Cardano were not limited to holding ADA alone. He also said holding carefully selected Cardano native tokens together with ADA could significantly increase returns and change lives.

The comments came as ADA rebounded after emerging from weakness last month. ADA slipped below $0.14 last month, falling to 18th in CoinMarketCap’s market capitalisation ranking. Buying later returned and the token rose to around $0.20 over the weekend, briefly overtaking Stellar (XLM) to reach 13th by market value. It later edged back to 14th.

He went on to argue that investors should look beyond ADA’s price and focus on the expansion of the Cardano ecosystem itself. He said Cardano native tokens could provide additional profit opportunities. After criticism that his argument relied too heavily on short-term price moves, he pushed back by citing returns over the past month.

Karamarko said ADA rose 28 percent over the past 30 days, while an unnamed Cardano native token surged 120 percent over the same period. He said if the two assets had been held together, the combined portfolio’s monthly gain would have reached 281.6 percent. Observers inside and outside the community speculated that the token he referred to was likely SONG, the native token of SongMarketCap, the project he founded.

SONG’s recent moves also align with Karamarko’s claim. SONG rose 4.84 percent over the past 24 hours. It gained 11.2 percent over seven days and 113 percent over one month. Its price at the time was $0.00425.

Market reaction was mixed. Investors who agreed with the bullish view saw ADA’s rebound and gains in native tokens as a sign of recovery in the Cardano ecosystem. Critics, however, said the logic relied too much on the recent price surge.

The focus of the debate is shifting from ADA alone to the token ecosystem within Cardano. Investors are watching whether ADA’s rebound will lead to broader fund flows across the ecosystem, and whether the rally in sharply rising native tokens such as SONG will continue.

Never bet against $ADA ‼️ You will lose! Combined with the right Cardano Native Token, Cardano will change lives for generations.

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#SongMarketCap #Cardano #ADA #CoinMarketCap #SONG
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