The Coming Cardano Boom! ALTCOIN SEASON BEGINS

cryptocurrency 1 week ago

We need to go over the coming cardano boom and when exactly we could see ADA breakthrough! as the second phase of altcoin season begins! Enjoy! ⚠️GET FREE CRYPTO AND STOCKS 👇 💰 WeBull - Get 4 Free Stocks: 💰 Robinhood -Get 3 Free Stocks: 🚀 BECOME A CHANNEL MEMBER👇 ⮕ ⚠️GET FREE CRYPTO:👇 💰 BlockFi (up to $250): ​ 💰 Coinbase ($10): 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 "The Coming Cardano Boom! ALTCOIN SEASON BEGINS" to get a better idea as to when we could see ADA break all time highs as altcoin season begins! Before going over price targets and dates for when cardano could boom again, It's worth noting that, while the basic value of Cardano's initiatives is lacking, catching up wouldn't be difficult. Consider, an NFT marketplace based on the Ethereum blockchain. Transaction volume has increased from almost nothing to over $3.4 billion per month in the last year. Then there's DEX Uniswap, which uses the Ethereum blockchain as well. Even though Uniswap just launched late last year, the platform's daily crypto trading volume has reached $900 million. Finally, over the same time period, Ethereum-inspired crypto borrowing and lending services like Aave received nearly $18 billion in total deposits. Cardano's network is now considerably quicker, uses less energy, and has lower fees than Ethereum. That latter point is particularly relevant since executing smart contracts on the Ethereum blockchain, such as buying and selling NFTs or taking out an asset loan, can cost hundreds of dollars. The Cardano network has a 97.3 percent lower basic transaction cost. We also have Bitcoin finally reaching a 1 trillion dollar market once again. And Bitoin’s BTC dominance has also hit a two month high, Now, idk how many of you guys are invested in SHIB, but it SHIBs price exploded this past week helping it reach a top 20 crypto on coinmarket cap… And we also have SEC saying it has no plans to ban Bitcoin, and to follow on China’s footsteps...and we cant forget that we should be expecting the launch of Bitcoin ETF’s before the year ends, which are all very bullish for the price. Another thing that we need to look forward to is smart contracts, which 200 of them are currently on a timelock in the cardano network...These smart contracts will bring less friction and faster transaction times for less money. And no middle men were involved. Meanwhile, the additional features make it possible to create non-fungible tokens (NFTs). Think of smart contracts as something that you would buy from Ebay or Amazon. When you buy a product from those places, you’re going through some middleman, someone in the middle. When you buy on Amazon, Amazon is the middleman between you and the seller. The smart contract could simply automatically send out the product and it would be a system wheer you dont need Ebay or Amazon to take a portion of the transaction. You can simply have the smart contract take a very small percentage of the full transaction. Now of course, both Amazon and Ebay are both working on implementing blockchain technology into their own business, so I would highly doubt they would get hurt from a blockchain like Cardano. Keep in mind that this is only my opinion and not financial advice. Cryptocurrency investments are so volatile, and you should never invest money you can't afford to lose, and think long term, as that’s going to help you navigate the market and those who are patient during market downturns are going to reap the benefits long term. 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. AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe
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