Why Cardano (ADA) Is Overvalued

22/02/2023 11 min
Why Cardano (ADA) Is Overvalued

Listen "Why Cardano (ADA) Is Overvalued"

Episode Synopsis

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