Mike Alfred is known to be a Bitcoin maximalist and a strong critic of Cardano (ADA). Recently, he posted on Twitter to make fun of Cardano. According to some analysts, this publication would hide a coded message on the value of Cardano (ADA).
The price of ADA could stay around $0.45 for 15 years
As usual, Mike Alfred recently mocked the Cardano (ADA) blockchain on Twitter. He referred to the $0.45 key support that ADA’s price has been passing since July 2022. He said: “Cardano has been bouncing around 45 cents for months. He seems to have found a permanent home at this level. The good news is that if it can sustain itself here for another 15 years, that should give the protocol plenty of time to grow in its overvaluation. It could be wishful thinking. »
ADA rose 23% from $0.45 on July 18th to $0.548 on July 20th. It then recorded a 21% rise between July 26 and July 30, from $0.45 to $0.555. Then, it moved from $0.453 on September 7th to $0.524 on September 10th. But, it has seen a drop recently, falling to $0.454 on September 16, and since then it has been trying to bounce back. But, the price of the cryptocurrency is currently hovering around $0.43.
Despite its numerous attempts to rebound, Cardano (ADA) recently fell below its key support of $0.45. But, Charles Hoskinson, the creator of Cardano, is still convinced that the cryptocurrency “never so strong“. At the same time, Cardano (ADA) is ready to welcome the hard forkVasil 22 September.
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Far from dampening my enthusiasm, an unsuccessful investment in cryptocurrency in 2017 only increased my enthusiasm. So I decided to study and understand the blockchain and its many uses and pass my pen knowledge related to this ecosystem.