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TheCurrencyAnalytics

02/04/2022

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People Buy Cardano (ADA) just for HOPIUM

Catch up on the latest crypto market news at The Currency Analytics. Dan Gambardello Shared:  Cardano is the most severely underestimated project. ADA will shock so many this year. Community Sentiments:  Those… The post People Buy Cardano (ADA) just...

People Buy Cardano (ADA) just for HOPIUM

Dan Gambardello Shared:  Cardano is the most severely underestimated project. ADA will shock so many this year.

Community Sentiments:  Those who have been holding ADA since it was 0.15 have to say that they are losing their patience.  Well, the reality about investing is that profits unfold when the innovation succeeds and there is no point in worrying or becoming impatient.

Those who have lost hope with ADA have to state that the price can easily drop down to 0.75 ranges.  And some feel a 0.30 is definitely possible.

Supporters feel that there is no professional marketing or strong lobbying about ADA and that might be the reason for why there is so much pessimism about ADA. However, there is no denying that there are tons of Videos on Cardano on YouTube when compared to any other cryptocurrency. Literally, everything is explained in the videos.  The YouTube videos made everyone who signed up to buy ADA develop an obsession.

Those who have high hopes for ADA are beginning to feel it is overrated.

One of them stated: “I guess you don’t know a whole lot about the Cardano technology, do you? First two major protocols on ADA were flops. Do you want me to name them? ADA is an upright disappointment.  Prove me wrong with blockchain specifications. DApps, TPS, Finality, Fees etc.”

The ADA price expectation is trending from 0.20 through 0.50.  There were disappointments with swapping using Sundae Swap for some.

Many feel that incompetence is brewing in the ecosystem.  However, Cardano was the only Crypto to have consistently positive news during the recent correction.

Not all are consistently positive about ADA.  Some of them feel like “It’s currently unusable for a lot the day.” Many hold a big % of their bags with ADA, while they are waiting to succeed, they are not really happy. They are not willing to sugar coat it and they obviously have to say that improvements must be made.

Some say, The Ghost Chains us up – probably referencing to Charles Hoskinson, some say ADA is a snake oil salesman thing.

However, those who are deeply influenced state “Cardano is stepping up the marketing game. And, no matter which metric ones uses, ADA is substantially undervalued. It is almost a no brainer at this stage.”

Since Cardano has been unusable due to permanent congestion for weeks now- many feel that is enough metric to call it unusable though.

“Cardano has been a disappointment lately – When I see it, I Believe it.”

Cardano is already huge and it can deliver a 4 to 5 times but it’s no hidden gem.

Congestion is truly disappointing.  However, it is not really dead.

Believers are like definitely 100% everyone will be shocked when it goes under 0.5.  There are better projects out there, which are fully operational. People buy ADA just for the HOPIUM. The people interested in technology have moved along a while ago, plenty of better options.

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