Cardano’s “Best Days Are Ahead,” Community Predicts

Cardano’s “Best Days Are Ahead,” Community Predicts

Bitcoin and other digital currencies fell sharply in what has been dubbed the worst week in the history of the crypto space. ADA was not banned from the bearish action, although it saw minor losses compared to other major cryptocurrencies. The bane of the crypto market clang was the implosion of FTX. Bahamas-based FTX filed for bankruptcy protection on Friday following a spate of client withdrawals earlier this week. A bailout deal with Binance fell through, resulting in crypto’s highest-standing Collapse in recent years. The market was hit hard by the demise of FTX and the uncertainty it caused in the industry. With prices still under pressure and vulnerable to more significant losses, analysts believe the extent of the damage will depend on additional information that will emerge in the coming days.

Cardano-focused Twitter account ADA Whale isn’t too happy about the underperformance of ADA prices in 2022. He says that while the short-term outcome could be the same if the market remains under pressure, it may be in the long term it matters Matter. He further predicts that “the best days are ahead of Cardano” and says that Cardano is radically different. As previously reported, the Cardano whale made an earlier optimistic prediction that the Cardano network would be a whole different beast when major tech giants enter the industry.

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