Honestly i still don't understand all the hype in the crypto market right now, this is beyond any excpectations.
especially Caradano, there is no specific reason to see it rise so high, so basically i see no reason for it fall either.
even Charlie Lee twitted about it, he didn't even understand what the hell was behind such hype. i think the whole crypto market is overflowed by noobs.
every coins are sky High, and people still keep buying blindly.
we get it, these coins have cool roadmaps. but at some points this rise looks ridiculous.
i made a portfolio x4 on december. but it looks like people are still on the hype train.
i will not touch ADA, not even close !
sure you have few specific reasons for this hype
this coin is not even fully operating, and its already superior by the tech to most of the coins, even the ones on the top
they already release 1st version of the virtual machine for blockchain with virtual verification.. do you even imagine what that means? read about what virtual verification is...
they teach blockchain, they do research in global scale with geostamps and stuff like that
the first use case project in greece universities with GRNET , like runtime verification and zyen , all this companies are 20-30 years in the market and know what they do
(zyen is a company that makes research and teach blockchain too, and cardano sponsoring their work)
i have many more specific reasons to give you =]