Mark Cuban Says DOGE Has More Utility Than ADA
Shark Tank investor Mark Cuban says Cardano (ADA) has yet to prove itself as a viable crypto project compared to some other big names. In an interview with Altcoin Daily, Shark Mark Cuban said that if Charles Hoskinson were...
Shark Tank investor Mark Cuban says Cardano (ADA) has yet to prove itself as a viable crypto project compared to some other big names.
In an interview with Altcoin Daily, Shark Mark Cuban said that if Charles Hoskinson were to join Shark Tank, he would ask about Cardano’s revenue.
“I guess people in Africa don’t use it as much as he expected because you don’t see transactions, you don’t see fee revenue.. Look at the number of transactions. For me, that is the key to success…
I don’t see where Cardano can make much of an impact. They completed the smart contract a year ago, which will be their development point. But nothing
That doesn’t mean…look, I compared it to Ethereum, to Polygon. If you want to use something great on Cardano, you must have ADA to use it.”
Cuban says that while Cardano has a large market cap, that’s not necessarily a sign of success. The billionaire said that Dogecoin (DOGE) also has a large market cap, and in his view, it has more utility than ADA.
ADA is currently trading at $0.53, up 0.48% over 24 hours band 5.1% on the week.
Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.
If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us
