Last chance to buy #cardano (ada) before it BLOWS UP?! In this video, we are taking a look at different catalysts and massive news happening for Cardano (ADA) that you are not going to want to miss! Enjoy!
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Intro 0:00
Cardano (ADA) 0:47
There are hundreds of bad coins out there in the market, but there are a few coins out there are worth taking the risk and holding on to them for the long run, such as Ethereum, Cardano or Polygon Matic and Bitcoin. So be sure to watch the video ” Last Chance To Buy Cardano (ADA) Before it BLOWS UP – Massive News Catalysts for Cardano (ADA)” To get a better understanding as to why Cardano could be a great investment for the long term!
Cardano has gone through a lot of changes since its launch in 2017 and is about to enter new phases, as described in its roadmap. The Cardano protocol has now been implemented by a number of organizations across a variety of sectors as a result of their strategic cooperation. And, when we examine the Cardano platform’s previous rollouts and upcoming initiatives, ADA appears to be the next big thing
Bitrue, a Singapore-based cryptocurrency exchange, stated on Monday (July 19) that it plans to become the first exchange to support native assets on the Cardano blockchain by the end of the month.
Unlike Ethereum, which needs smart contracts to create user-defined tokens, Cardaoi supports user-defined tokens out of the box. The “Mary” protocol upgrade, which went live on Cardano’s mainnet on March 1, included that support.
PoolTool, a Cardano insights platform, has shown that over 70% of ADA’s circulating supply, valued at over $28 billion, is presently staked.
Upcoming upgrades may result in a “leveling up” of this platform, allowing it to accelerate user growth and, as a result, a significant increase in the value of its native coin.
Not only that, but as we all know everyone has been accumulating, including cathie wood, ceo and founder of ark invest who has over 200 million dollars worth of shares of the grayscale bitcoin trust.. And we finally have confirmation that Elon Musk officially owns bitcoin, ehtereum and dogecoin, and even spaceX owns bitcoin, and tesla will soon start accepting bitcoin again…so if we know anything about the crypto market, is that it tends to follow bitcoin’s trajectory.
Now, in my opinion Cardano currently has the most growth potential out of majority of the alt coins out there because Cardano operates on a proof of stake model, which means that this allows ADA holders to stake their ADA, and staking will allow ada holders to put their ADA in a staking pool and get paid in ADA in an annual rate of 5 percent just for holding.
Cardano will soon include “smart contract” capabilities, which entails adding code that allows automated, self-executing contracts to be created. Developers may use smart contracts to construct apps on top of blockchain platforms like Ethereum’s Uniswap decentralized exchange. Smart contracts underpin the whole decentralized finance (DeFi) business, with Ethereum accounting for the majority of it, and Cardano is ready to enter the race.
You should trust the cardano team as well, as it involves many reputable scientist, and in the past couple of months, the price of ADA rose steadily, and the ADAs price could even reach 10 dollars at the end of 2023, and even thought its nly above right above 1 dollar, the most realistic price target out there is that 5 dollars at the end of 2023 and we could even see higher prices as we start to see more adoption from institutions, and retails investors, and as we start to see more projects going live on the cardano blockchain, and we might even see a 20 dollar price in the next 5 years,
DISCLAIMER: You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based on personal experience. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment.
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