Cardano Adds Smart Contracts but ADA Drops! Buy the Dip?

cryptocurrency 1 week ago


Cardano’s hotly anticipated ‘hard fork’ was met with something of a damp squib in Monday’s early deals. 🚀 Save money on every crypto trade you make with StormGain! Enjoy a onetime 0.1% trading fee with this link: https://go.beincrypto.com/get-low-comissions ADA, the tradeable Cardano crypto token, was down 10%, trading around $2.35 dollars in a broadly negative market for the crypto market. On Sunday evening, the Cardano blockchain was upgraded successfully with a ‘hard fork’ named alonzo. It enables the use of ‘smart contracts’, which provide the basis for an ecosystem of decentralised applications, finance and, most likely, increasingly popular NFTs. So if this is good news, why did the token drop? Isn’t this growing Cardano ecosystem enough to make buyers happy? Watching the full video to get all the answers! 00:00 Introduction 00:35 Expectations 01:31 Criticism 03:08 $50k Bet Won 03:46 What next? 📊 Join our global trading community on Telegram. Get access to a free trading course, trading signals, and receive help from professional cryptocurrency traders. ✈️ JOIN NOW!: https://t.me/BeInCryptoCommunity TWITTER: https://twitter.com/beincrypto FACEBOOK: https://www.facebook.com/beincrypto INSTAGRAM: https://instagram.com/beincrypto/ TIKTOK: https://tiktok.com/@beincrypto Disclaimer: Although BeInCrypto aims to inform and educate readers from all over the world, it is important to remember that investing in cryptocurrency is risky. Neither this video nor its authors should be held responsible for any investment decisions, and nothing published here should be considered financial advice. We always urge our readers/viewers to do their own research and never invest more than they can afford to lose.
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