Crypto Pundit di a comunidade XRP de Cardano Rivals, pero por que o prezo ADA está a loitar?

Por NewsBTC - hai 4 meses - Tempo de lectura: 2 minutos

Crypto Pundit di a comunidade XRP de Cardano Rivals, pero por que o prezo ADA está a loitar?

Cardano has consistently remained one of the largest cryptocurrencies in the industry with the price of its native ADA coin following the crypto market rally. However, it has not performed as well as other cryptocurrencies despite its marked popularity among investors. Given this, crypto pundit Ben Armstrong, popularly known as BitBoy, has shared his views on why the network is struggling.

Cardano loita pola desinformación

One of the problems that the crypto analyst mencionado that Cardano has run into over the years is the fact that there has been misinformation. A lot of times, Cardano has been subject to FUD (Fear, Uncertainty, and Doubt) especially when it comes to its decentralized finance (DeFi) capabilities.

The network is really playing catch-up when it comes to DeFi as the likes of Etereo Solana enabled this ability years before Cardano. However, the network has seen significant growth since it first announced smart contract capabilities back in 2021.

Armstrong explains that a lot of FUD have also been directed at the founder Charles Hoskinson whose involvement with Ethereum as one of the co-founders in the early days is often called into question. But contrary to popular belief, the analyst believes that Hoskinson’s involvement with Ethereum actually helps to boost the credibility of the Rede Cardano.

Hoskinson has also been subject to allegations of being a scammer, as well as the Cardano network being “finished,” among other interesting allegations, as well as its native ADA token being referred to as a stablecoin. The last part takes a jab at the fact that the Prezo ADA has not moved much in the last year.

Non obstante, Armstrong explica que Cardano posúe unha das distribucións de tokens máis descentralizadas de toda a industria criptográfica. "Actualmente, máis do 60% da oferta está apostada e durante o mercado alcista, o número foi moi superior ao 70% de forma regular", afirmou. Isto fai que a moeda sexa unha opción atractiva para os investimentos.

Comunidade ADA Semellante á comunidade XRP

Armstrong expresou o seu apoio á comunidade XRP, que cre que é a comunidade máis forte en cripto. A continuación, vindo detrás da comunidade XRP, o analista criptográfico cre que a comunidade Cardano é a segunda máis forte da industria.

In addition to this, Armstrong calls ADA “one of the most consistent performing coins in the history of crypto.” ADA, on its own, has managed to perform incredibly well in each bull market since its inception. During the 2020-2021 bull market, the Prezo ADA would go from around $0.02 to over $3 before correcting back downward.

Na actualidade, o Prezo ADA is trending at $0.61, rising approximately 143% in the last year alone. With a market cap of $21.7 billion, it is currently the eighth-largest cryptocurrency by market cap.

Orixe orixinal: NewsBTC