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Crypto Pundit segir Cardano keppinauta XRP samfélagið, en hvers vegna á ADA verð í erfiðleikum?
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 glímir við rangar upplýsingar
One of the problems that the crypto analyst nefnd 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 Ethereum og 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 Cardano net.
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 ADA verð has not moved much in the last year.
Hins vegar útskýrir Armstrong að Cardano státar af einni dreifðustu dreifingu tákna í öllum dulritunariðnaðinum. „Nú er meira en 60% af framboðinu veðjað og á nautamarkaðnum var fjöldinn vel yfir 70% reglulega,“ sagði hann. Þetta gerir myntina að aðlaðandi vali fyrir fjárfesta.
ADA samfélag svipað og XRP samfélag
Armstrong hefur verið hávær um stuðning sinn við XRP samfélagið sem hann telur að sé sterkasta samfélagið í dulmáli. Síðan kemur upp á bak við XRP samfélagið, dulritunarfræðingurinn telur að Cardano samfélagið sé næststerkasta í greininni.
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 ADA verð would go from around $0.02 to over $3 before correcting back downward.
Núna er ADA verð 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.
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