Cardano is finished. I hate to tell you this because I know many of you love ADA. You've been a holder for a long time. You identify with it: this is my token, this is my project. I hate to tell you something you don't want to hear, but I also care about you, and I want you to have a successful time investing in crypto. To me, one of the most loving things you can do for people is to tell them something they don't want to hear, something they should really look at and seriously consider rather than instantly dismiss. This is where I see the future in crypto going, and in my view Cardano is completely left out of that for the reasons I'm going to get into in great detail. A lot of coverage is just surface level and doesn't go into the depth of what really needs to be said, so I'm going to cover what really needs to be said about Cardano here.
I've watched Cardano since 2017 when it launched. I've been hyped, and I've bought it at various points. This is why I sold it, and why I'm not in it anymore: because I want to be positioned successfully for the future. So I invite you to have as much of an open mind as you can. Really hear what I'm saying, think about it, and don't be afraid to hear it. A lot of people who identify as Cardano holders are scared to hear anything that might make them change. For me, I'm so glad I was willing to look up all this material for all the coins I sold, because it's given me a much better position and I feel so good today. I am not a financial advisor and this isn't financial advice, and my position will be very clear as we go.
I'm saying Cardano is finished not because the blockchain stopped running, but because in my analysis the economic thesis is broken beyond repair. This is a project that's been around for nine years through all kinds of hype, partnerships, livestreams, governance, and community loyalty. After all of that, I still don't see a business model. I'm not talking about narratives or roadmaps. I'm talking about a real business model with real demand and real revenue, something that's going to actually grow and thrive in the future. I don't see any evidence of that right now. And I see evidence that there are vastly superior business models that could make not just Cardano but every other layer one irrelevant, which we'll get into.
The questions serious investors actually ask
These are the main questions. Some of the people who talk with me have a lot of money. They're very serious people, and it feels practically free to them to talk to me or to join my group, because to them it's so cheap. Their questions are: where's the business system for the coins they hold? Where's the real demand beyond hype, speculation, token prices, and narratives? Where's the revenue for the project? Where are the realistic expectations for growth? Where are the users paying for something they actually need, not just hype and marketing? These are the questions people with serious money are asking. In my experience there's literally no crypto that provides great answers to these outside of ICP, which is what I hold. And Cardano, even among its competitors, is not in a great position, as we're going to go through.
I'm not dismissing that Cardano has activity. There clearly are developers, there's activity, and there's a community. But economically, in my view, Cardano is dead. Most of the community, developers, and activity are still running on momentum, because most people are desperate to close their ears to what I'm saying. Because of confirmation bias, the first thought you have after hearing this is, "Wow, have I been wrong about Cardano the entire time?" A lot of the biggest changes I've made in my life have started with first admitting there's something I don't know, something I should learn, something I've been wrong about. That's been the foundation of some of the best changes I've ever made.
The valuation does not match the business
The absolute key thesis here is that the valuation of Cardano does not match the business. Cardano has a multi-billion dollar market cap, but the actual on-chain business activity is tiny. Here's the current rough picture. The market cap is around 5 billion. The price has plummeted to around 14 cents, down about 95% from its high. The DeFi is around 83 million for something that's nine years old and close to the top 10 in crypto, which to me is horrible. There's about 56 million in stablecoins. But here's the thing: roughly $1,000 in 24-hour chain fees. ICP has something like five times that much with five times less market cap, and it's been around for half the time Cardano has, with probably 5% or less of the marketing. Do you understand how bad that is economically? To me this is an economically unviable business model.
Consider that those fees are mostly gas fees, because the things built on Cardano are paying money to Amazon Web Services or other often centralized hosting to run everything around them. So there are all these costs, but the actual blockchain itself is making almost nothing. If you were to buy a business, the valuation might be something like 10 times the revenue if there was a high profit margin, or in some cases you only pay around the revenue, or a little higher depending on the business. Right now, if you multiply Cardano's 24-hour chain fees by 365, you get about 365,000 a year. That's more than 10,000 times less than what it's valued at. This is what I'm looking at. There are manipulations, and there are people just trying to print money for themselves, but most people with larger amounts to invest care about this. So you made $1,000 in revenue and your valuation is 5.4 billion. To me that's off by a factor of thousands of times. It's an unsustainable business model.
ICP again has five times or more the revenue at five times less the valuation. That means even though ICP is still struggling with its revenue, I did a video showing how it has the best business system in crypto, and you can watch it by comparison. In my analysis it has a 25-times-better opportunity purely on business fundamentals than Cardano. That's the last thing you want to see if you're an ADA holder. The transactions are around 25,000, with under 20,000 active addresses, for a $5.4 billion market cap. Cardano is not being valued like a tiny experimental network. If I were to appraise Cardano, I would appraise it at a few million dollars. Look at the revenue: it's making a few hundred thousand a year in chain fees. So I'd appraise the Cardano blockchain at around $5 million. It's currently valued, in my view, a thousand times higher than it should be. It's being valued like a major crypto asset, but the actual business usage is tiny. The fees are tiny, the revenue is tiny, the stablecoin liquidity is tiny, and the DeFi ecosystem is tiny. That's why I say this is dead economically.
The chain is still running, the community is still active, and a small number of developers are continuing to build. But the economic demand is so out of sync with the valuation that anyone in a rational frame of mind, which a lot of crypto investors are not, will look at this and see a problem. To me, Cardano has blasted into a massive iceberg in the North Atlantic in the winter, and the boat is going down. I'd be looking for a life raft to get off, looking for any rational way to sell all of this before everyone else figures it out. This is stuff AI can tell you in five minutes. It's not super secret. If you talk to ChatGPT, Claude, or Gemini about Cardano and ask it to evaluate it as a business system, this is the kind of answer it can give you. More people are using AI, and more people are going to start thinking, "If I'm holding $1,000 of Cardano, maybe I should check whether this has a valid business system or not." The more people get burned in crypto, the more they're going to do these basic steps: look at the business system, see that it's broken, and decide to sell. That was my approach to Cardano too.
A cult coin with no business system
Most coins in crypto are effectively cult coins, and I would put Cardano in the category of a meme coin. All the talk and all the hype about Cardano has not once materialized into a business system that made sense for more than a quick bull market. What you need to look at is which crypto has such a strong business system that it will be left standing.
Take smart contracts. When Cardano came out, it did not have smart contracts, and for years people said Cardano would be a serious Ethereum competitor. Four years later, Alonzo launched. This was supposed to open the door for all kinds of activity. But where's the explosion? Where's the dominant Cardano app ecosystem? Where's all the liquidity, the fees, and the apps? It didn't fail for lack of smart contracts; it got smart contracts and still did almost nothing. And it launched right in the bull market to get people to buy in and be hyped. In the five years since, nothing truly useful has emerged. That's why I think this is the worst time I've ever seen to be in Cardano by far, because at this point the excuses are gone. You've had all kinds of hype and all kinds of launches, and nothing has materialized. Now the narratives are around having bigger institutions buy into ADA.
Do you really think the people investing huge amounts of money are just going to buy in based on hype and speculation and "maybe something someday will happen"? Or do you think they're going to ask the same kind of questions I ask? Do you think they're going to ask what the business model is, and why the revenue is in the toilet while the valuation is tens of thousands of times higher than it would merit? To assume big money pours into Cardano, you'd have to assume those people would not ask the most basic investing questions. Sometimes they get sucked into momentum and forget to ask. But once they ask those questions, they're out.
The narratives that pumped Cardano and delivered nothing
Here are things Cardano was hyped on that merited price pumps, although in my opinion they didn't merit it. These were the reasons Cardano maxis and community members got really excited. I remember the Africa narrative. I held Cardano back then. There was this Ethiopia education and identity deal, one of the biggest narratives. Big story, although the story is nothing compared to what Internet Computer Protocol does, like powering the internet for Pakistan, the fifth largest country on the planet. The Cardano story looks tiny compared to that. But it was a story that got people buying Cardano and turning their identity into "Cardano's my coin." That's what you need to separate from.
ICP is not my coin. ICP is the best investment I've found. If I found a better one, and I found true reasons ICP was bad that matched all the other research I've done, I would dump it. It's not my coin. It's a coin. Even though I make videos about it every day, it's not an identity. It's not tied to who I am. You need to separate these coins from an identity of who you are. It's striking how these top coins essentially pay people to promote them, and then you've got people with followers who bought in and are shilling them to keep the price up.
Let's look at the Ethiopia deal. The narrative was millions of students, thousands of schools, hundreds of thousands of teachers, identity records, education, real-world government blockchain adoption. Supporters pointed to it as proof Cardano was not just another speculative crypto, which in my view it absolutely is. But years later, what did that turn into? In my assessment, almost nothing. Was there transaction demand? No. Recurring revenue? No. An identity layer? No. Because the technology itself can't do this, and that's why you need to look at the tech itself. Not all tech in crypto is bad; ICP has real tech that can do this kind of thing. Cardano, in my view, does not. The more ICP gets known, the more these other chains give up. Even if some useful technology came out of the Ethiopia work, there was no reason at any point for people to need Cardano. This is the pattern with Cardano over and over: big story, big expectations, little to no economic impact.
Here's another example: New Balance. In 2019 there was a New Balance shoe authentication story, the idea that Cardano could authenticate real products and fight counterfeits. It sounds great on paper. Somebody probably got paid a lot to do this deal behind the scenes. It was a known brand, the kind of tangible partnership crypto investors love, the kind of thing people would see one video about and immediately buy, and then carry the identity of being a Cardano holder. But where's the business today? Does New Balance ever mention Cardano anywhere now? I literally never heard of this partnership until I researched it. It was used to pump the coin at one point, but seven years later it's totally non-existent. Did product authentication become a killer app? No. And that's because of the technology. It was a fairly ridiculous use case in the first place, and the technology itself can't support doing all this on-chain. That's why ICP is so good: you could run something like this fully on ICP, but you can't with Cardano. So it's expensive to build, and the chain isn't capturing the value. Did it create meaningful chain value? No.
This is the difference between a pilot, a headline, a partnership, and a real business. The pilot gets the headlines and gets people FOMOing in. The business keeps things going over time. As Tommy put it, the first rule of crypto is that the team is everything, and in my view the team behind Cardano is extremely limited, and the technology even more limited than the team.
Another example: Dish and Chainlink. In 2021, Cardano announced partnerships with Dish Network and Chainlink. Again, a huge narrative around telecom, identity, enterprise, oracle support, developers, and smart contracts. As far as I can see, Cardano and Chainlink are still doing plenty together. But years later, where's the measurable result? Where's the telecom-scale demand? This comes back to the technology behind ADA being extremely limited and able to barely do anything besides send transactions and run basic smart contracts. You can't put phone photos on the blockchain. You can't host websites on Cardano. That's why these partnerships are meaningless to me: there's no enterprise-scale usage when the blockchain itself can hardly do anything, so you don't need it. There's no massive developer explosion and no revenue. These are partnerships that got people to buy into Cardano, to identify as a holder, and then to watch old content hyping Cardano with no substance over and over again.
Why announcements no longer matter
This is why I say Cardano is finished. Announcements don't matter anymore. Partnerships don't matter anymore. You've cried wolf enough times. You've never delivered anything that added a meaningful business model or partnership outside of temporary financial engineering and influencers shilling coins they were either paid to shill or bought and got sucked into themselves. Press releases don't count anymore. Fortune 500 logos don't matter anymore. None of it matters, because none of it is ever delivered, and based on the technology itself there's no reason to expect that will ever change. In fact, in my view things are getting worse.
Remember the Lightning Network? Nothing seems to turn into anything. To me it's all smoke and mirrors, all hype. Let's talk about Hydra. Hydra has been one of Cardano's major scaling narratives. Here's the thing: if your blockchain were actually a technical breakthrough like ICP, you wouldn't need scaling narratives, because the blockchain itself wouldn't be the bottleneck. For years, Cardano supporters have talked about Hydra as if scaling would unlock the future. Then Hydra entered an adoption phase. But where's the demand Hydra is solving? Scaling matters when users are overwhelming the network, when apps are exploding, when fees and demand are already there. Cardano doesn't have a problem of too much demand. After all these years, there's still hardly any economic demand. Hydra does nothing to address the core issue, which is that the Cardano blockchain is, in simple terms, basically a copy of Ethereum that innovates very little on it. Compared to ICP especially, ICP makes Ethereum look like dial-up internet and itself like fiber optic. That's a major innovation. When you have to build a solution outside the blockchain just to scale the blockchain, that's how you know you're in trouble: the blockchain itself can't scale. Even Ethereum, with all its community and money, has been unable to scale and has gone nowhere in five years. So Hydra solving a traffic problem for a chain that doesn't have a traffic problem is, to me, ridiculous.
Here's the newest example of more of the same. Leios is the latest. Another "major upgrade," little reaction. It's positioned as a major scaling step, but the daily transactions are going nowhere and active addresses are near monthly lows. Again, the technology does not provide real value to people outside of crypto, unlike ICP, which does, because I can host my website on it. That's real value. Cardano's biggest upgrades in years barely move user activity. Nobody's building on it for this upgrade. The problem isn't the upgrade; the blockchain is so limited you can't even meaningfully upgrade it. The problem is demand. Cardano is preparing for a future wave of users that, in my view, is never coming. That's why I keep coming back to the same conclusion: the economics behind Cardano are unviable.
Governance is not a business model
Governance is not a business model either. Who cares to govern something that fundamentally has no value? In my view the governance narrative is ridiculous. ICP's governance is vastly superior to Cardano's. With ADA, the governance experience was poor, and I never participated in it when I was a holder because it was annoying and unclear how to even do so. With ICP, as soon as I got on the network nervous system, it was easy. I immediately started voting, and it's all hosted fully on-chain. To me, any governance narrative behind Cardano is ridiculous, because there's no point in governing something that's truly useless economically and drastically overvalued. The decentralized decision-making is also very theoretical, because you have to use third-party tools to even interact with the blockchain to vote, unlike on ICP, which has the most active DAO in all of crypto, blowing Cardano away. Yes, a treasury can matter, but you typically have to go through Charles and his people to do any of this. Governance is not a business model. Voting does not create customers. A constitution does not generate revenue. A treasury does not create product-market fit.
Governance over a thriving economy is valuable. Governance over a weak economy is just politics, and to me it's useless. So while Cardano supporters talk about their governance, what exactly is being governed? A drastically overvalued blockchain that, in my view, has done nothing but make empty promises for years. Yes, technically things have been done, but they've led nowhere, to no mass adoption. In my assessment, all the promises at this point have been proven fake. I don't see a future for Cardano DeFi or stablecoins. I don't see a major app with a realistic future on Cardano. ICP, by contrast, already has cloud infrastructure locked down in a gigantic lane, and that's a customer platform that I believe will be the leading DeFi and stablecoin system and a massive app economy. So a treasury and a token community deciding what to fund next doesn't matter at this point. To me it's hopeless. The ship is already critically damaged. You'd better grab a life raft, and this is not financial advice, before your funds drown and go to zero.
Staking hides the weakness
Staking certainly hides the weakness, because ADA staking is one of the few reasons people stay emotionally attached. You stake and you earn a relatively tiny amount of rewards. I remember when I was staking Cardano, the rewards were poor, and you had to use some third-party wallet you had to download, and the whole process was bad. That's actually how I noticed ICP was different. I tried staking on Cardano and it was a bad experience, and then I wondered why ICP felt like some future technology I was using, while everything else felt like a shabby copy of one another. So people feel productive staking and earning rewards. You feel like you're participating in the network. But where does Cardano produce real demand from real people who aren't even involved in crypto? Where is a real person pulling a real transaction off the Cardano blockchain who has no involvement in crypto at all? In my view there isn't, because you have to pay a transaction fee just to do that. Staking hides the weakness because you feel like something is happening, since you're personally invested in it.
I am not interested in personally investing in anything in crypto that doesn't have huge potential in the future based on the reality of what I can see now. Certainly, if the network has real demand, staking can support security. But when the main reason people take rewards is hope for a future pump, that's not an investing thesis. It's a waiting room. I think a lot of ADA holders are in a waiting room, waiting to get back to even, waiting for another bull run, waiting for another alt season. That means every pump is just an exit opportunity. Despite all these clear points that AI could easily regurgitate, the best I hear from the Cardano holders I talk to is that they're waiting to sell at not a loss. At this point that's their best case: enough of a pump that they can sell where they bought or slightly higher. Which means you can't have much of a pump with ADA, because almost everyone holding is underwater. Almost everyone bought higher, believed the old narratives, got tired, and gave up. They're just desperate to sell at a small profit so they can exit and say, "Well, I wasn't wrong. I held Cardano for five years and sold at a 10% profit." No, you weren't wrong; you were just inefficient. That's what you were. Whereas if you had moved that into something with a real business model, in most scenarios you'd have been efficient, and again, that's not financial advice and anything could happen.
Asymmetric downside risk
So why would a new long-term investor rush into Cardano at this point? In my view there's no reason for anyone outside of ADA to buy into this, except being purely clueless and not doing the least amount of research. Ask AI to list the obvious criticisms and problems with Cardano. Ask it to give you a decent review of Cardano and compare it to see if anything better is out there. We didn't have AI in the 2021 bull market. Think about that. You couldn't just ask AI to rip a crypto apart for you. Now you can, and these models are ready to do it if you're willing to hear it. It's easier than ever to see why these altcoins are, in my opinion, not what they're sold as. This is a very ugly setup for Cardano, where even most of the existing community feel defeated and hope for nothing more than to exit at a tiny profit so they can say they weren't wrong. The harder but more honest move is to say, "I was wrong about that. All they did was promise things that never materialized. I'm going to cut my losses and get out now." To me that's the logical, rational thing to do, and that's not financial advice.
Right now, ADA is in a very asymmetric downside position. There's almost no realistic pump outside of something financially engineered, which can absolutely happen when the right pockets are lined, but how sustainable would that be? Almost not at all. Meanwhile the downside could be minus 99% from here. And even if Cardano went down 99% to a $50 million valuation, I'd still think it was overvalued. I think it should go down 99.9% to be accurately valued. That's asymmetric downside: a very realistic chance of losing 99.9%, and almost no chance of even a 2x or 3x at this point. That's a really poor position to be in.
Competing in the worst possible lane
What adds even more fuel to this is that Cardano is competing in the worst possible lane. Even if you still believe Cardano is a smart contract layer one, in that space, if you're holding Cardano, you are betting against Ethereum, Solana, BNB, Avalanche, Sui, Aptos, Near, Polkadot, Cosmos, Algorand, Hedera, Ton, and many others. If you're holding ADA, you're saying you think ADA is going to beat all of those. The most illogical response is to hold all of them because you don't know which will win and you call that diversifying. Maybe you should reconsider the entire investment lane and the possibility that none of these have sustainable business models. It's like going to a racetrack where every horse but one is lame. It doesn't matter if you bet on all the others, because the one is going to win. In my view crypto is basically rigged at this point: ICP is so far ahead technologically that none of these other cryptos have a chance. So if you're invested in Cardano, you're essentially saying Cardano is somehow going to be viable in the future.
If you're holding ADA, you're saying you don't believe in a future where tech in crypto matters, and yet you somehow think ADA will outperform all these chains that have every advantage in the world over it. To me that's ridiculous. All these chains are fighting for the same basic developers who don't realize something better is out there. They're fighting for the same basic users, the same liquidity, the same stablecoins, the same apps and meme coins, the same tiny pool of people just guessing at what happens next. What ICP is doing is going for developers, users, liquidity, and narratives that nobody else is even going for. Meanwhile Cardano is fighting over that same tiny pool of users who all think the same way, and Cardano is clearly not winning. It's not the biggest smart contract chain, not the fastest-growing retail casino, not the dominant DeFi chain, not a stablecoin hub, not the developer default, not where the action is. So Cardano is stuck in a crowded lane and losing in it.
As I've more than hinted, in my view ICP is putting everything in a devastating position for the whole crypto industry. That's why I believe it's so suppressed and silenced, why exchanges like Coinbase and Binance, in my opinion, made every effort to harm it by setting the price insanely high when it launched. But none of that has stopped it. To me, ICP is the most dominant technology in crypto. If ICP didn't exist, I might be somewhat more bullish about Cardano. But ICP is set to be the grim reaper for all of crypto, cleaning up these other blockchains until they go away. While Cardano is trying to be a better blockchain, ICP is building the future of on-chain cloud infrastructure. No other crypto is doing that. Other cryptos like Sui are essentially pretending to do it because they can see the future is going toward on-chain cloud infrastructure. Brian Armstrong, CEO of Coinbase, knows the future is going toward on-chain cloud infrastructure, and in my view he's playing hide and seek with ICP, putting out all these AI coins and not even including it. Because if the future is on-chain cloud infrastructure and there's one coin that can do that, what happens to the rest of the coins? They get slaughtered.
ICP has a business model, and even right now the numbers are 25 times better than Cardano. To me that means buying ICP is at least 25 times better of a hold at the same price and market cap. Over the long term, I think it's going to be 100 to 1,000 times. I believe the difference in return on investment over, say, the next decade of holding Cardano versus ICP will probably be 100 to 1,000 times better on ICP. So every dollar in ADA could potentially be 100 to 1,000 dollars in ICP in the future, and it's not going to take a lot of people to figure that out. If I can figure it out, I'm not some brilliant genius, although I'd like to think I am. It took me a while too. ICP had been out for two years before I figured this out.
I'd been in crypto since 2014. On ICP, people can actually pay for storage, bandwidth, websites, backends, and frontends, like my website fully hosted on ICP. It's a Bitcoin layer two and an Ethereum layer two, and Solana is being built in so you can run Solana applications directly on ICP without bridges. That's a business model most people understand. "Oh, you've made on-chain cloud infrastructure?" It sounds fancy, but it's hosting. In my view ICP has the number one business model in all of crypto, because it's software infrastructure: compute, storage, cloud. Cloud is a trillion-dollar market, and cybercrime is a ten-trillion-dollar problem. ICP has the best business model in crypto, and that means anything besides that is in extreme danger of being annihilated by vastly superior competition.
Why ICP is the nail in the coffin
Even if ICP didn't exist, I'd still be very bearish on Cardano. But ICP existing is the nail in the coffin. To me it's planting Cardano in the graveyard. This is the end. At least if ICP didn't exist, Cardano could keep making empty promises and all the other blockchains would be making empty promises too, and it would all just be noise. But now there's one real business model in crypto: paying for hosting, compute, and storage on-chain, solving real problems. Compare the pitches. Cardano's pitch was a secure, research-driven blockchain for dApps and financial systems. ICP's pitch is that you can run software, websites, data, AI, and all those applications fully on-chain, which no other blockchain can do. Cardano's is a crowded, worn-out crypto narrative. ICP's is a massive existing business category with huge demand. Cardano needs people to care about ADA specifically, but ICP only cares that you use and build the technology for what the tech can do.
In my view ICP is in such a vastly superior position that anyone researching both will see one as a huge opportunity and the other as a huge liability. ICP is the opportunity; Cardano is the liability. You can't even build anything on Cardano without centralized front ends and other centralized infrastructure, whereas on ICP you can build it fully on-chain. So this is, in my opinion, hopeless for ADA at this point.
The bullish case is all maybes
The bullish ADA case is almost all maybes and hope that can't last. The Cardano bulls say maybe Bitcoin pumps and Cardano comes up with it. Maybe there'll be an alt season again, which I actually pray there isn't, because more people would just get ripped off buying useless coins. Maybe old coins rotate, which is optimistic. Maybe ADA gets another narrative, which to me is just more hype before it goes lower. Maybe the governance works somehow, governing something with no business behind it. Maybe Hydra or Leios matters, which I think is unlikely, because these are things being bolted on to a blockchain that is so limited technically that even putting a phone photo on Cardano is unfeasible. In my view it's absolutely unrealistic to think Cardano could get mass adoption, and anyone saying so at this point doesn't understand the truth of the tech and the blockchain. And maybe people somehow forget all the things I've described that have happened over the years.
Here's the thing: after nine years, maybe "maybe" isn't good enough anymore. Cardano is a $5 billion market cap. That's not some micro-cap coin that could pump 100x. To justify it you'd need proof of serious users, revenue, liquidity, business demand, and a network that's truly alive. I don't see proof of any of that. So the logical conclusion for me is that Cardano is finished. The chain certainly hasn't stopped. But I don't believe anyone is building, or is going to build, anything meaningful on Cardano, especially when you look at what you could do on ICP instead.
I know crypto assets can pump for foolish reasons all the time, but I don't believe in investing for foolish reasons. I believe in hard, logical, deep research, and in investing in something that's probably undervalued a hundred times, that can grow massively, where I don't have to constantly change positions or feel anxious. I've gone over everything that's failed on Cardano, and in my analysis every single narrative has failed and every single data point looks incredibly weak. Add ICP to the top of that, and to me this is a scenario where a 99% collapse is more probable than a 10x. That's a huge asymmetry.
I hope I've helped at least one person see this coming. It's like standing on a train track and being able to see the train coming, with no reason not to just walk off and move. But when your identity is locked in as "I'm a Cardano holder, this is my coin," maybe you'd want to consider changing your identity instead of getting run over by a minus 99%. Because almost everyone holding ADA is going to sell at some point. The question is just how low you go first. It's like the Cardano limbo: how low do you go, baby?
So thank you very much for watching. I hope I've shown you, beyond any reasonable doubt, how Cardano is finished, using simple logic, simple reasoning, simple research, and cutting through all the bullshit and all the hype. If you want to go deeper on how I research these projects and compare them, you can go through my Crypto Reviews playlist, where I break down coins one by one the same way.
Jump in and direct message me the coin you'd like me to look at. I can only review so many on the live streams, and I generally stick to the most popular ones because they have the most views, the most traffic, and the most need to help people pull their heads out of their ass about the coin. And if you want to go deeper, you can have a one-on-one call with me and we can go over your whole portfolio together.