Logo
Cardano Ecosystem

Cexplorer

02/17/2024

·

77 views


Analytics Companies Don't Understand Crypto

K33 presents itself as an analytical company focusing on cryptocurrencies. It targets professional investors.

Analytics Companies Don't Understand Crypto

K33 presents itself as an analytical company focusing on cryptocurrencies. It targets professional investors.

They recently released a research note titled ‘Why you should sell all your ADA (Cardano)’. This note was only 2 pages long, which is surprising in itself. I would expect more from an analytics company. 

The content is even more shocking. Analysts claim that nothing is happening on Cardano. That 90K transactions are not significant. The reason for selling ADA is primarily the absence of a USD-backed stablecoin. They compare Cardano with NEO, IOTA, and EOS projects. 

They consider peer review and research-driven development unnecessary luxuries for financial protocols. Let's use this opportunity and look at it from a slightly different perspective that perhaps the analysts from K33 a Read article: Analytics Companies Don't Understand Crypto

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Cexplorer

ORIGINAL SOURCE

https://cexplorer.io/article/analytics-c...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Genius Yields DEX Launched!

More from Cexplorer

See more
The Partnership between EMURGO and GSR will Empower Cardano
Cexplorer
The Partnership between EMURGO and GSR will Empower Cardano

06/01/2024

·

74 views

Related News

See more
Genius Yields DEX Launched!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)