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A popular crypto analyst says interest in Cardano (ADA) is returning, but he has one concern about the blockchain ecosystem.
Coin Bureau pseudonymous host known as Guy in a new interview with Altcoin Daily To tell He recently sold his ADA holdings, a promising project that will likely weather the market turmoil.
I like Cardano. I do this weird thing with Cardano. Like one day Im really, really bullish. The community is the largest, most active, most supportive, [ADA founder Charles Hoskinson] This is a truly moving figure.
We recently sold out of ADA [stablecoin], but I’m definitely considering going back to it as well. “
Guy said his concern with ADA is whether developers are suitable for building blockchains.
I dont think there was much collaboration between Cardano projects.
Guy predicts that ADA will remain one of the sustainable blockchain projects amid market turmoil.
“I think there’s a really cool project being built out there, and that community seems at least good enough to get us through the tough times.”
Guy did not pick ADA on his top 5 list of altcoins to invest in during a recession. Topping his list were decentralized blockchain network Cosmos (ATOM) and proof-of-stake protocol Algorand (ALGO).
As of this writing, ADA is trading at $0.258.
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