Today we can affirm without doubt that not having BTC in our investment portfolios implies a high risk, a completely different narrative just a year ago. Therefore, with this background, I invite you to think differently about your crypto portfolio and include not only a high percentage of the best safeguard of value to date, Bitcoin, but also vision to invest in the future of financial platforms. We have here among many altcoins Cardano, the project that takes the prizes among the third generation cryptos.
Here I insert the real-time comparison of 3 market cap BTC, ETH and ADA. Below it is one of the observed data that triggered my current analysis.
The incredible. Starting in February, we have a slope change in the growth of the market cap. What could explain that change? We will be able to create our own native tokens in the Cardano network, do you realize the magnitude of that great aggregate? One more functionality for smart contracts. Previously, the possibility of migrating Ethereum was added, a scalability solution for developers, if not the only one on the market. That is incredible, unexplored terrain. We observe the previous graph on a logarithmic scale for the last 3 months and we observe the increase in this slope (red box, green arrow) .-
For a fundamental analysis it would take me time, so today I propose to analyze the potential entry opportunity that is occurring today, then we will continue learning in the next articles.
Until recently, we could buy 1 ADA for less than 2 cents on the dollar. Today it has the potential to hit $ 1 and exceed it. Therefore that explains the x1000 in the title of the article although I recognize that it sounds sensational, it is an inevitable fact that will continue to happen. Will you be ready That is basically what today's article is about, detecting opportunities where others do not see them. Are you willing to exercise your brain looking beyond as Steve Jobs did repeatedly with his iPhone, Apple's flagship product? Never again in history has a manufacturer dared to launch a phone with a physical keyboard. Therefore never again in history should you invest / save in other types of assets other than crypto, here is Steve's iMac, Cardano. That is definitely called a vision, everyone is going to want one.
Only in a period of 10 days the yield was close to 160% with respect to UST. Considering that not long ago each ADA cost less than 2 cents on the dollar and has the potential to reach 1 USDT in a couple of days, I would venture to say that it is an asset out of series. Not only analyzing the circumstantial of the price, but more keeping in mind the fundamentals. Its solid foundations based on the scientific rigor that is developed is undoubtedly the support and fuel of the phenomenon that we observe today.
In the previous image we can buy broadly similar projects. They all allow staking natively from their protocol. Therefore we see that its exposure within the 4 largest in market cap makes the difference with respect to its "competitors".
This is how Cardano is on the verge of engaging in one of the biggest challenges against its biggest market cap competitor, Ethereum. Not so technically, where Cardano's solutions point solid, firm and seek to improve everything that Ethereum has already explored in these more than 5 years. All this happens today in Cardano from rigorous scientific, academic and directive bases that make the difference, what's more, they have the mathematician Charles Hoskinson one of the co-founders of Eth, no wonder and I would even dare to affirm that no longer they need it to ensure the success of the project, their inertia is unstoppable and overwhelming.
There is very little left until the day comes that all companies execute at least one smart contract, it is as simple as seeing that today it is not conceivable to work without internet.
From now on, I strongly recommend you put together a plan, take a position and in the medium term enjoy victory, because we already know the final result, although the mother of all battles for smart contracts will be extremely hard and prolonged. Today's blue ocean will undoubtedly be red, which one do you prefer to dive into?
