EPISODE · Feb 22, 2023 · 10 MIN
Why Cardano (ADA) Is Overvalued
from Collective Shift · host 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 #BlockchainTimestamps:00:00 Intro00:45 Overview01:37 Cardano (ADA)02:35 Cardano vs Ethereum03:18 Apps on Cardano04:23 Total Value Locked (TVL)04:40 Stablecoins05:20 Why ADA Is #7 by Market Cap07:40 Aptos (APT)09:40 VeChain (VET)11:05 Free Crypto Strategy Call
What this episode covers
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 Cardan...
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Why Cardano (ADA) Is Overvalued
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