Topic: ADA (Read 97 times)
The ADA project is a very remarkable project, which was created quite recently, but there is still a rather bad point. The number of coins of this project is very large, which means that the capitalization of the project will grow very quickly and the slightest rise in price, will inflate the capitalization very quickly
Why is having to many coins a bad thing? I get this maybe even better if we look at it even IOTA, stellar and other coins have high amount of supply. Best part of this is if they ever go mainstream there wouldn't be the need to divide them till like 8 zeros like the case with bitcoin and there is a psychology feeling in people of owning whole coin and not it's decimals.
Cardano is really ambitious project and personally I like the fact that they are not focused much on marketing and building hype about the coin and it's price and market cap shows us how people value their projects according to some other crypto currency. This you have to take into consideration, however as every coin can dump cardano can to as well as it's price can raise.
The ADA project is a very remarkable project, which was created quite recently, but there is still a rather bad point. The number of coins of this project is very large, which means that the capitalization of the project will grow very quickly and the slightest rise in price, will inflate the capitalization very quickly
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