Is there still hope for Cardano?

[Abiky]

I agree with the above user saying that it's a failed experiment.

The reality is that nobody uses ADA. Can we see it back at its all time high? I highly doubt it.
How did it keep its price in the TOP 10 coins for the last years? I cannot explain it, but I also cannot explain how some memecoins reaches that level either. It's just crypto I guess.

The only reason people had faith in it, is probably because of Charles background being one of the Ethereum's co-founders but even that does not help as hype in the long run when you have no one building or using the chain. His latest statements certainly didn't help either in my opinion.

I've always wondered why Cardano hasn't brought the attention of smart contract developers. I guess it's just a matter of poor marketing/promotion strategy from the team's end. I mean, core developers focused on developing the main chain itself without generating "buzz" all around the web. Solana and BNB took a smarter approach. It's why they're always at the top. I'm afraid Cardano will turn into a "ghost town", if developers don't do anything about it. Especially co-founder Hoskinson.

Despite the low demand for ADA, it's still one of the most reliable alternative blockchain networks in existence. It hasn't experienced a network outage or critical vulnerability yet (AFAIK). The slow and steady approach in development, seems to be the culprit. Hopefully, this coin gets noticed by the masses someday. Otherwise, it will fade away into oblivion as a failed experiment. We'll see what happens in the long run.

[BitDiscussion]

I've always wondered why Cardano hasn't brought the attention of smart contract developers. I guess it's just a matter of poor marketing/promotion strategy from the team's end. I mean, core developers focused on developing the main chain itself without generating "buzz" all around the web. Solana and BNB took a smarter approach. It's why they're always at the top. I'm afraid Cardano will turn into a "ghost town", if developers don't do anything about it. Especially co-founder Hoskinson.

Despite the low demand for ADA, it's still one of the most reliable alternative blockchain networks in existence. It hasn't experienced a network outage or critical vulnerability yet (AFAIK). The slow and steady approach in development, seems to be the culprit. Hopefully, this coin gets noticed by the masses someday. Otherwise, it will fade away into oblivion as a failed experiment. We'll see what happens in the long run.

That's the same thing with Tron as well. We have seen Tron being very good when it comes to security, cheapness, TPS and many more and yet because of Justin Sun being a PR nightmare, even after he left Tron never took off. Which is the entire problem.

I think it's clear that we are going to see ADA being basically the same, they do not have the marketing that they should be doing and not the PR that they should be doing. Do you know how hard it is to convince thousands of projects to be on your chain? That rarely happens. ETH had it, and then SOL had it, but I think nobody else really grew there, maybe BNB a bit.

[Dunamisx]

It cannot be established if most of these altcoins are going to perform better now or till we have to wait until the altcoin seasons is fully arrives, Cardano is one of the coin I like in the past and have once or twice invested on it, it has an impressive performance and if we are interested to invest in such this time around, we may buy and hold until the market pumps and we can be profitable again in it.

[Odusko]

It cannot be established if most of these altcoins are going to perform better now or till we have to wait until the altcoin seasons is fully arrives, Cardano is one of the coin I like in the past and have once or twice invested on it, it has an impressive performance and if we are interested to invest in such this time around, we may buy and hold until the market pumps and we can be profitable again in it.

Most expectations from altcoins have been dashed to the wall before now, and the most fav of the past is now our worst portfolio experience of now, this further point us to the warning and fact that altcoins investment is not really suitable for long term purpose, and anyone holding any coin should always take advantage when the price is still relevant and on trends

[safar1980]

I've always wondered why Cardano hasn't brought the attention of smart contract developers. I guess it's just a matter of poor marketing/promotion strategy from the team's end. I mean, core developers focused on developing the main chain itself without generating "buzz" all around the web. Solana and BNB took a smarter approach. It's why they're always at the top. I'm afraid Cardano will turn into a "ghost town", if developers don't do anything about it. Especially co-founder Hoskinson.

Despite the low demand for ADA, it's still one of the most reliable alternative blockchain networks in existence. It hasn't experienced a network outage or critical vulnerability yet (AFAIK). The slow and steady approach in development, seems to be the culprit. Hopefully, this coin gets noticed by the masses someday. Otherwise, it will fade away into oblivion as a failed experiment. We'll see what happens in the long run.

That's the same thing with Tron as well. We have seen Tron being very good when it comes to security, cheapness, TPS and many more and yet because of Justin Sun being a PR nightmare, even after he left Tron never took off. Which is the entire problem.

I think it's clear that we are going to see ADA being basically the same, they do not have the marketing that they should be doing and not the PR that they should be doing. Do you know how hard it is to convince thousands of projects to be on your chain? That rarely happens. ETH had it, and then SOL had it, but I think nobody else really grew there, maybe BNB a bit.

When comparing TRON and Cardano, TRON's chart looks very good over the past year.

If you had bought TRON at the beginning of the year, you would be in profit, whereas with Cardano, you would have lost 60% of your investment's value.

[Abiky]

When comparing TRON and Cardano, TRON's chart looks very good over the past year.

If you had bought TRON at the beginning of the year, you would be in profit, whereas with Cardano, you would have lost 60% of your investment's value.

You're talking about market prices. But to be honest with you, TRON is simply a ghost town. Just like Cardano. Only that Cardano is driven by academics, whereas TRON is driven by hype. Cardano has taken the "slow and steady" approach, often leaving marketing/PR behind. Remember, crypto is far more than just market prices. It's a movement. A means for people to become their own bank and break free from the corrupt, monetary system powered by banks and governments.

Cardano was created with decentralization in mind. Competing chains often lack behind. TRON, Solana, and BSC are one of them. They're utterly-centralized. But seeing them at the top, tells me people care less about true decentralization. I wouldn't expect ADA to reach new heights in the time-being.

[shinratensei_]

When comparing TRON and Cardano, TRON's chart looks very good over the past year.

If you had bought TRON at the beginning of the year, you would be in profit, whereas with Cardano, you would have lost 60% of your investment's value.

You're talking about market prices. But to be honest with you, TRON is simply a ghost town. Just like Cardano. Only that Cardano is driven by academics, whereas TRON is driven by hype. Cardano has taken the "slow and steady" approach, often leaving marketing/PR behind. Remember, crypto is far more than just market prices. It's a movement. A means for people to become their own bank and break free from the corrupt, monetary system powered by banks and governments.

Cardano was created with decentralization in mind. Competing chains often lack behind. TRON, Solana, and BSC are one of them. They're utterly-centralized. But seeing them at the top, tells me people care less about true decentralization. I wouldn't expect ADA to reach new heights in the time-being.

In my opinion, Cardano is the better ghost town. Tron's project almost all deployed by Justin Sun and as weird as it is, always use Sun's name on it's naming convention for some reason e.g SunSwap, Sun Token, and so on, such a weird thing to do.
Imagine Vitalik releasing VitalikSwap. At least Cardano is doing something innovative even if it doesn't sell.

[Kavelj22]

It cannot be established if most of these altcoins are going to perform better now or till we have to wait until the altcoin seasons is fully arrives, Cardano is one of the coin I like in the past and have once or twice invested on it, it has an impressive performance and if we are interested to invest in such this time around, we may buy and hold until the market pumps and we can be profitable again in it.

The problem of Cardano that the dev core wasn't ever working on pump the native coin ADA as a trading instrument only. The team tried to establish an honest project with real use cases. Unfortunetly, all the advantages came with Cardano at the time of its lunch, have been hidden by many other advantageous projects, so the project ADA became outdated without the community to interfer. Always to consider that almost the full Cardano community remained are traders waiting for the price to rise again even without to reach the ATH which becomes so good to be true after the considerable decline since its last ATH.

I read statements from the founder announcing that he has nothing to do. I think it is not a wise move to publish such frustrating ideas even if it is the reality.