ADA, the native currency of Cardano, is trading above 1.3 USD now. The all-time high of ADA was 2.45 USD on May 16, 2021. Just one year back, this cryptocurrency was trading at 0.13 USD. The phenomenal growth of ADA has really surprised the market analysts and the cryptocurrency has flipped DOT, XRP to grab the 5th rank with a market capitalization of 41B+ USD. 70% of ADA supply is currently staked and it also shows the investors' confidence in the project.
70% is really good value. It symbolizes the confidence of the investors in the project. I've never bought ADA before, but it's among the coins I follow. Bitcoin's sudden movements can completely destroy any analysis. Therefore, we will see where the project will evolve over time.
I traded ADA before its strike in bullish, I didn't know about its project. Still I'm not regretting this decision, because it's a good way to learn and don't do the same occurrance ( I won't call it a mistake).
After examining it even in a minimal scale, I noticed why it attracted too many investors. It's going slow and steady,and achieves most of its goals one by one.
While BTC was breaking record after record in the bull season, I decided to make an investment. There were two possibilities, BNB or ADA. I bought BNB because I trust Binance. I made good money from BNB, but ADA always remained a ukte in me. I wish I had more money to buy both.
I think that there is a bond of trust between ADA owners and ADA's project team. Even if the coin falls, there is no loss of trust between them because they really believed and trusted the project. You may have heard what happened to BONDLY recently because of this insecurity, they will probably close the coin and there will be no such thing as BONDLY.
I have ADAs that I collect at low cost. I love and support the ADA project. They have a developing team and their community trusts this project.
The quality of the project, of course, always affects the price, but right now, bitcoin movements negatively affect ADA as it does to every project.
It would be better for us if the BTC market continues in a horizontal way. And when the island fulfills its promises, the situation may come to a completely different place. As I said, they have a self-confident community and should not lose them.
Thank you for the article and the information you provided, I wish you a good day.
The really strong potential of Cardano is that it is not just a cryptocurrency, it is a technological platform that can run financial applications used by individuals, organizations and governments around the world every day. The platform is built in blocks to make it easier to update the system and upgrade with soft forks. Upon completion of the core layer that will govern ADA, a separate computational layer will be created to handle smart contracts, digital legal agreements that will support future trade and business. Cardano will also run any decentralized applications or dapps (system that directly connects users and suppliers) services that run on a blockchain instead. The innovation Cardano offers is that it balances users' needs with the demands of regulators and combines privacy with regulation. Cardano's vision is that the newly regulated computing style will enable greater financial inclusion by providing open access to fair financial services to all. If he can use this potential, we can see good bullish times.
The ADA has great power. That's 70% stake. This, in turn, shows how committed the ADA owners are to the project. They must have really earned their trust. But he must never lose that trust. Or it could turn around. They need to be very careful in their progress. A small error can cause great damage.
As in AVAX. AVAX was in trouble for a few days. Transfers could not be made. Although it was actually a very good project, it fell very seriously. I followed him closely. I'm really sorry. AVAX's audience was great, but a part of it didn't stand behind in the fall. I continue to support it. The Ceo is a good person.
I hope Cardano moves forward more carefully. He gives his supporters what they want and they grow up together. I'm already getting good news from the grocery store. Bitcoin instant has passed 41k.
Thanks for the nice post. I've learned new things about Cardano.
I believe that ADA is a very good investment for the long run. They have a solid technical team and are gaining traction. Fill your bags before its too late.
Ada is one of the most established cryptocurrencies of this ecosystem. There is a team behind it trying to do its job really well. I believe that the island will come to the place it deserves. However, Bitcoin determines the course of this market. Ada always gives me confidence. I love to follow. Thanks for your great article.
The Growth Of ADA was really good and steady not like the pump and dump situation with many Coins nowadays and i believe buying ADA in long term investment will be more beneficial to anyone considering to buy it now
70% is really good value. It symbolizes the confidence of the investors in the project. I've never bought ADA before, but it's among the coins I follow. Bitcoin's sudden movements can completely destroy any analysis. Therefore, we will see where the project will evolve over time.
Thank you for the article.
I traded ADA before its strike in bullish, I didn't know about its project. Still I'm not regretting this decision, because it's a good way to learn and don't do the same occurrance ( I won't call it a mistake).
After examining it even in a minimal scale, I noticed why it attracted too many investors. It's going slow and steady,and achieves most of its goals one by one.
Thanks for the article!
While BTC was breaking record after record in the bull season, I decided to make an investment. There were two possibilities, BNB or ADA. I bought BNB because I trust Binance. I made good money from BNB, but ADA always remained a ukte in me. I wish I had more money to buy both.
I think that there is a bond of trust between ADA owners and ADA's project team. Even if the coin falls, there is no loss of trust between them because they really believed and trusted the project. You may have heard what happened to BONDLY recently because of this insecurity, they will probably close the coin and there will be no such thing as BONDLY.
I bought the ADA at really funny prices. But I wasn't a conscious investor at the time.
I invested because I heard it from a few places. If I had known its purpose and project (even if I bought it at this price), I would not have sold it.
Because of this, it is very important to research and invest, especially to see the potential of something.
I think there will be even better places in the future. But it has to be fast.
Or he don't better count it in place.
Thanks for the article.
Have a nice day.
I have ADAs that I collect at low cost. I love and support the ADA project. They have a developing team and their community trusts this project.
The quality of the project, of course, always affects the price, but right now, bitcoin movements negatively affect ADA as it does to every project.
It would be better for us if the BTC market continues in a horizontal way. And when the island fulfills its promises, the situation may come to a completely different place. As I said, they have a self-confident community and should not lose them.
Thank you for the article and the information you provided, I wish you a good day.
The really strong potential of Cardano is that it is not just a cryptocurrency, it is a technological platform that can run financial applications used by individuals, organizations and governments around the world every day. The platform is built in blocks to make it easier to update the system and upgrade with soft forks. Upon completion of the core layer that will govern ADA, a separate computational layer will be created to handle smart contracts, digital legal agreements that will support future trade and business. Cardano will also run any decentralized applications or dapps (system that directly connects users and suppliers) services that run on a blockchain instead. The innovation Cardano offers is that it balances users' needs with the demands of regulators and combines privacy with regulation. Cardano's vision is that the newly regulated computing style will enable greater financial inclusion by providing open access to fair financial services to all. If he can use this potential, we can see good bullish times.
The ADA has great power. That's 70% stake. This, in turn, shows how committed the ADA owners are to the project. They must have really earned their trust. But he must never lose that trust. Or it could turn around. They need to be very careful in their progress. A small error can cause great damage.
As in AVAX. AVAX was in trouble for a few days. Transfers could not be made. Although it was actually a very good project, it fell very seriously. I followed him closely. I'm really sorry. AVAX's audience was great, but a part of it didn't stand behind in the fall. I continue to support it. The Ceo is a good person.
I hope Cardano moves forward more carefully. He gives his supporters what they want and they grow up together. I'm already getting good news from the grocery store. Bitcoin instant has passed 41k.
Thanks for the nice post. I've learned new things about Cardano.
I believe that ADA is a very good investment for the long run. They have a solid technical team and are gaining traction. Fill your bags before its too late.
Ada is one of the most established cryptocurrencies of this ecosystem. There is a team behind it trying to do its job really well. I believe that the island will come to the place it deserves. However, Bitcoin determines the course of this market. Ada always gives me confidence. I love to follow. Thanks for your great article.
The Growth Of ADA was really good and steady not like the pump and dump situation with many Coins nowadays and i believe buying ADA in long term investment will be more beneficial to anyone considering to buy it now
Thanks for the Article Paragism :)
Sweet read.
I'm hyped on the Cardano ecosystem.
I believe ADA is strong and in for a long run.
Get some and hodl!