$ADA price performance and Cardano valuation were always hot discussion topics, considering communities have clashed again
community rallied to defend its favorite cryptocurrency from critics who questioned the project's high valuation. The discussion began when user Algod posted a tweet stating that, after being in the crypto space for over six years, they still could not understand why Cardano was valued so highly. They argued that reaching a $10 billionHowever, numeroussupporters quickly responded to the tweet, providing various data points to justify the project's value.
In response to the conflicting data, the original poster, Algod, remained unimpressed with Cardano's achievements, reiterating their view that a $10 billion+ market cap was unjustified given the project's limited accomplishments in six to seven years. Despite these criticisms, the Cardano community remains steadfast in its support for the project. They believe in its long-term potential and are confident in its ability to deliver on its promises. Cardano's development team is known for its meticulous approach and focus on peer-reviewed research, which has attracted a devoted following.
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