Friday 9 April 2021

Cardano: A Stable Coin? Why Consolidation Above $1 is Good

I keep seeing jokes about Cardano now being a stable coin because of its relatively small fluctuations around the $1.20 threshold. While this can be frustrating for some, to me it is relatively bullish long-term to see such demand for ADA at these price levels. While $2 is taking longer than most people like, slow and steady is generally better than straight up, especially if the last market cycle taught us anything. TA Video by Benjamin Cowen.