Hi guys, I'm sharing one of my "wilder" crypto investment - ADA Cardano.
ADA is a new coin. Looking at the chart, there is nothing much to see there. Only a few weeks of trading time. 1 billion USD market cap, 25 billions ADA circulating supply. ADA is already top 15 coin in marketcap.
Cardano is a new blockchain concept, created by an ex Ethereum co-founder, Charles Hoskinson and a professional team from the Cardano Foundation. You can read all about it and DYOR on their website cardanohub.org.
I'm am convinced that ADA can become a serious player in this market. Especially if they deliver their roadmap on time.
Just one news to show ADA already used in the real world is that a "Barcelona Based Hotel Begins to Accept Cardano As a Method of Payment" (you can find the article on google). I'm keeping the fundamentals at this level, as said, it's early and you can do your own research on it to be convinced or not.
Looking at the chart, there is nothing much there, only a few weeks of active trading. You can trade this on Bittrex. I would say that is a starting uptrend, and I see accumulation.
Something is definitely cooking with this coin. There are high chances a big rally can start soon, where the price can be taken 10x or more up. To note that the current price is below the ICO price. I do have a small position in ADA and I accumulate myself more. I might be wrong, but if not, I'm looking at an asymmetric risk/reward ratio, which means "very low risk, very high rewards". Who invested in NEO when it was 15 cents know exactly what I'm talking about.