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Cardano Ecosystem
TheCoinRepublic

08/03/2022

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Is Cardano [ADA] only a ghost chain?

Cardano grew within a definite time and support of social media games.Price of ADA is down by two percent.There are a thousand numbers of assets in this crypto-verse. Having different purposes to solve and to create multifunctionality in the...

Is Cardano [ADA] only a ghost chain?

cardano

  • Cardano grew within a definite time and support of social media games.
  • Price of ADA is down by two percent.

There are a thousand numbers of assets in this crypto-verse. Having different purposes to solve and to create multifunctionality in the consumer’s life. But directly or indirectly, they all are interconnected by all means.

Cardano (ADA) is one of those assets which grew within a definite time and only with the support of social media games. Which no doubt made a disruption in the asset market, and almost every possible asset, be it a new or an existing one, fell out. And these fluctuations have been seen in the past few months. The drastic changes not only made a fall but few new assets have been adopted. And Cardano is one of those adopted assets. Though the acceptance is limited, and it is one of the major concerns. 

Assets or maybe cryptocurrencies like bitcoins (BTC), Ethereum (ETH), XRP, and so on are widely accepted in the market. Not only that, but people are getting more aware of them as well. Even the assets like Shiba Inu (SHIB) have cornered their respective spaces. However, platforms such as Robinhood, Gemini, and so have not given a space to Cardano.

ALSO READ – Ethereum Surpassing Bitcoin For The First Time

The reasons for exclusion of Cardano

The reasons for ADA getting excluded are way more complex and not easy to understand. The propaganda which has been long-running that once used to have the truth is now in a frozen state where friction and reality are together.

A member of the ADA community, ADA Whale, noted that the network has become self-sufficient. And this is only because of its complex reasons for exclusion. 

As per the community and all other ADAs, the Cardano can work the same way others could. So here, up to the research made and tweets followed, Cardano ADA is actually a thing/ an asset but not a ghost itself.

The community did not seem worried about the exclusion/inclusion, but they believed in making it their own crypto version.

Cardano is the major crypto culture after BTC and ETH., so searching and waiting for acceptance is just worth an effort. But they believe in making their own crypto version.

The crypto verse is today facing, meeting all new competitors every day where the users are confused but occupied in understanding and getting it all in.

As a fact, price of ADA is down by 2 percent.

Nancy J. Allen

Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.

Nancy J. Allen

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