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Feb 22, 2023 10 min

Why Cardano (ADA) Is Overvalued

from Collective Shift Hosted by Collective Shift

Nick (Senior Research Analyst) explains why he believes Cardano (ADA) is overvalued and shouldn't be ranked in the top 10 cryptocurrencies by market cap. He highlights its light on-chain activity and the lack of users of apps that are built on the Cardano blockchain. Nick also touches on some other blockchains and cryptocurrencies he believes are overvalued. #Cardano #Crypto #Blockchain Timestamps: 00:00 Intro 00:45 Overview 01:37 Cardano (ADA) 02:35 Cardano vs Ethereum 03:18 Apps on Cardano 04:23 Total Value Locked (TVL) 04:40 Stablecoins 05:20 Why ADA Is #7 by Market Cap 07:40 Aptos (APT) 09:40 VeChain (VET) 11:05 Free Crypto Strategy Call

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This episode is 10 minutes long.

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This episode was published on February 22, 2023.

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