Cardano has been performing well in the past couple days and would like to note that this run up is pretty insane. I would also like to add the at the same time of this runup, Solana did a 150x versus Ada 15x. Now looking at the trend, it looks like Cardano is currently cooling off until its next runup during this bullish market. I would like to note that Cardano has yet to launch smart contracts therefore there are no useful projects known to be of use yet. Currently you can only stake your cardano but no farms, no defi, no nft like other chains. I believe when looking at Cardano which is a great introduction to blockchain technologies, there are more opportunities in other chains that are actually being built.
In my opinion, this run up is mostly hype and most likely going to dump on contract launch/release day due to unknown complications and bugs. I wouldn't holdout on this token and I would definitely look into other opportunities.
Btw in my Ada/Eth post, Ethereum has been outperforming Cardano.
I am not a Cardano hater, I am just looking at the fundamentals.
In my opinion, this run up is mostly hype and most likely going to dump on contract launch/release day due to unknown complications and bugs. I wouldn't holdout on this token and I would definitely look into other opportunities.
Btw in my Ada/Eth post, Ethereum has been outperforming Cardano.
I am not a Cardano hater, I am just looking at the fundamentals.
