Altcoins News
By Julie Binoche
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Cardano (ADA) has been dismissed as slow-moving or outdated in the fast-paced world of blockchain.
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One of the voices challenging the “dead chain” narrative is Cardano supporter Jaromir Tesar.
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Supporting this claim is fresh data from LunarCrush. According to their analytics, Cardano’s social engagement has seen a massive leap.
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However, it hasn’t been all good news. Cardano’s social dominance — the share of attention it commands across the broader crypto conversation — has taken a noticeable hit.
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Even Cardano’s founder, Charles Hoskinson, recognizes the gap between the project's potential and its public perception.
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To move forward and reposition itself in the market, Tesar and other advocates argue that Cardano needs two major changes: stronger fundamentals and a better price for ADA.
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Currently, ADA is trading around $0.56, with a slight drop in the past 24 hours. Its market capitalization hovers around $19.
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In conclusion, writing off Cardano as a failed project may be premature. Its quieter footprint may not reflect weakness, but rather a refusal to chase hype.
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