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Has the tide turned for cardano?

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by COINS NEWS 46 Views

The sub has always been a great echo chamber for sentiment, but every now and then there’s great conversation that happens.

Cardano has been one of the projects that has been criticized, and for some of the talking points, for good reason

Until now we’ve seen what feels like I continuous suppression of price while select few other projects make bigger moves. Every time Cardano has had price action, it’s been followed by retracement and it slumping back down - living in the low 30 cent range

As we enter into this next stage of the bull run (hopefully lol) we saw Cardano move 20% on the 24h. I’m curious if this, by public opinion, signals something new, or if the anticipation is that price action won’t be sustianed yet again

Personally I’ve always been of the opinion that Ada would make any sizeable moves until btc caps, the money flows to bigger alts (eth, sol) then following smaller cap and meme coins

Curious others perspectives

submitted by /u/kilo6ronen
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