Altcoins News
By Dan Saada
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Several Cardano (ADA) holders feel that August will be the month for Cardano and they believe that it will be 10x by now.
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CEX.IO stated, “ADA overtook $USDT by the number of users in April! The number of users trading @Cardano has increased by 15 times over the ½ of 2021”
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However, cynically someone stated traders and users are two different things. Others were like ADA is seriously stable, it maintains it price even when Bitcoin and ETH,…
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The many people are saying guys were like: The final dip of Bitcoin is about to happen in these few days. If Bitcoin goes down to 27 most likely ADA will hit $1.
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Negative press continues to flow and this makes proof of Cardanos sustainability through the UN's Sustainable Development Goals so important to drive adoption.
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Cardano (ADA) the community feel will overtake Ethereum as the number 1 DeFi coin. ADA is winning the trust of even crypto bears.
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Bitcoin is overvalued, especially with Central Bank Digital Currencies coming in and more and more regulation. The initial promise that Bitcoin had for everybody is going to fail.
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For now, Ethereum does not scale. Some say it is like the Ruby on Rails which never became popular for a short amount of time and then people realize.
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Tether (USDT) many say is at par with Ponzi as they are printing it out of thin air.
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Binance Coin (BNB) and some say the exchange is under investigation by the IRS for money laundering.
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Ripple (XRP) is promising, but they are like dealing with the SEC issue.
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DogeCoin is Elon Musk’s favorite coin. However, despite all the hype, none of these currencies are going to be ideal for transacting.
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Polkadot is good, but fairly complex and people are not really sure of what it will be good for.
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So, Cardano among all other tokens in the cryptocurrency space has a good reason to stay and reign as they are trying to change the world with excellent projects.
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