Well-known supporter of Bitcoin Max Kaiser recently forecast that over the course of the next six months Cardano could lose an additional 90% percent of its value relative to Bitcoin. Some ADA supporters like Cardano Whale have responded humorously speculating that this could result in lucrative purchasing opportunities for ADA.

For those investors who are seeking to preserve capital over the long term, Bitcoin is the preferred asset due to its decentralized structure and store of value narrative. Higher liquidity, a strong infrastructure supported by institutional investors and a large network effect are all advantages of Bitcoin. This gives Bitcoin a stable market advantage over many other cryptocurrencies.

However, Cardano presents itself as a blockchain platform that goes beyond Ethereum and other smart contract platforms to offer a more sustainable and scalable solution. With its peer-reviewed academic methodology and proof-of-stake consensus, Cardano seeks to provide scalability, energy efficiency and a solid foundation for projects involving decentralized apps and decentralized finance.

Alex Dovbnya

Despite these developments in technology, ADA has come under fire for its sluggish adoption and development, which may have something to do with its pricing issues. The majority of investors are concerned about ADA's competitiveness in the crowded market for smart contract platforms because its price has decreased dramatically over the last 12 months.

Max Kaiser made an extremely bold prediction, but it is in line with the views of some investors who think Bitcoin will only become more and more dominant. Long-term success for Cardano, however, will rely on its capacity to fulfill its commitments, draw developers and cultivate an ecosystem that will be useful for the majority of investors.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。