A title that does not refer to the origins of the mysterious creator of Bitcoin (BTC), much less the formulation of some kind of theory. This article is built based on the interesting rise that the Cardano token (ADA) is presenting and its surprising revaluation that leaves many particular comments, including being the closest competitor and possible successor that BTC would have.
It is an exaggeration to read this type of sentence, but what if it cannot go unnoticed is the radical change that has occurred in recent months; going from a position number 14 to being in the ranking of the first 5 tokens and with an approach to position number 3. A capitalization of $ 40.21B, a daily record of almost $ 1.90B begins to arouse some interest in being considered a strategic investment route. But these numbers have to be backed by a fundamental that triggers the sudden interest of users.
Apparently, everything points to the sudden interest of the ADA listing by Coinbase. Likewise, the momentum of their futures changes the look of many that shines with the money invested of more than one billion dollars. However, caution should always be exercised, especially now that we see a trend break in relation to the BTC movement. Of course, ADA is part of that rebellious group that begins to take its own path and establishes itself as one of the individual options for investors.
It is an association that even Charles Hoskinson himself has emphasized that a token will soon promote that impetus to enter the crypto world with the entrance door in ADA. However, one must be prudent and do not express FOMO despite the fact that new ATHs have been repeatedly registered so far this year.
Since 2017, the manifestations of various tokens have been present and there are many criticisms that ADA has received, especially in its character as a platform for smart contracts. Not valid in the definitions of Herminio Fernández, founder of Eurocoinpay, in his definition of ADA, he refers to "knowing that Cardano's technology is being developed by one of the founders of Ethereum, and it is a very disruptive payment network , fast and, above all, scalable ".
In the shadow of the BTC, it is just an expression that ADA may be working on, and even more so if it continues to show that this increase of more than 600% does not respond to a state of fear and inflationary character. A shadow that grows every time and if it maintains its metric and evaluation bases strong.
The price continues to be in the parameters above the dollar, with incredible projections that reach $ 10. Privacy and the ADA algorithm allow this token to be valued in the community. Now, with this world of change, it may also be wise to take this token into account.
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