Is it time to re-evaluate Cardano’s position in your portfolio
Unpopular opinions are a commonality in the digital asset space. Crypto-communities often disagree on the question of evaluating a new rising project. There is a better consensus with respect to projects such as Bitcoin, Ethereum, and Cardano, however.
In the following article, we will be evaluating the latter and understand why its time in the current bull run has probably come to an end.
And yes, we are talking about Cardano, if that wasn’t clear enough.
Source: Trading View
First of all, it is important to note that this analysis isn’t aimed at de-valuing Cardano or its ecosystem. It is more about analyzing its immediate growth. Since the beginning of April 2020, Cardano has surged by 80x on the charts, from $0.036 to $3.1.
In 2021, it was up
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