Why BitBoy Bought 1 Million ADA | BEST Cardano Price Prediction (Here’s Why)
Cardano has been listed among the green coins in the market by Nasdaq. This means that there is a significant technological development from their side that makes them worthy of this place in the list. Bitcoin is one of the most inefficient coins in the market. With many claiming them to be using the energy produced by 15 Chernobyl Nuclear power plants across the clock while the others have been comparing this to be equivalent to the electricity consumed by a household for 38 days continuously, the numbers turn out to be amazingly high. This is not a good sign for a coin and seems to be one of the major causes of Global warming as well! Proof-of-stake is a much better technology for Cryptocurrencies in that manner. Using this technology could help us get the purpose done by using much fewer resources that otherwise may be burnt by Bitcoin. BitBoy bought a million Cardano in the previous month. He says that Cardano has been one of his favorite projects throughout the past 12 months. The progress that the coin has been making is indeed significant, especially considering the fact that it grew over 800% in 2023 itself. These numbers have just been around 200% for Ethereum and just 25% for Bitcoin. Going by the numbers that we just mentioned, there are chances that we will see Cardano overtaken Ethereum pretty soon.
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