CARDANO STRATEGY ALONG THEIR ROAD MAP

We could see a boost and rally with Cardano despite the broader market that Cardano will fall in line with. Speaking of the transparency policy IOG which is the parent company of the Cardano protocol releasing their weekly performance update of the proof of stake network. What we are seeing is a total of 117 projects have been launched on Cardano with exactly 1209 projects building on it at the moment. That is almost 10% of projects that have been launched in ratio to the projects that are currently being developed. We are seeing that development and implementation with the blockchain.

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I think the biggest asset of Cardano is relating to their low and slow approach when they look at how they developed on their road map. A lot of people look at Ethereum as how Bitcoin evolved into Ethereum. Now, we look at Cardano founder Hoskinson leaving Ethereum and starting Cardano and you couple that with how you can learn from your mistakes and benefits from learning from your mistake as well as developing. Their development and their strategy along their road map is very impressive. It does mean it is not flashy and working, a lot of people look sight of that when they look at stuff.

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Despite the rally and the development in their community, this is still seeing a slump with the price action currently. Despite having these milestone achievements from the IOG with the developments on the blockchain, this is enough to cause Cardano to run higher. With Bitcoin seeing some sell-off and a lot of sell pressure that will generate and triple down into the rest of crypto, especially the other altcoins that will most likely correlate with Bitcoin. We will see Cardano get the grunt of it when we talk about selling pressure with Bitcoin. However, their roadmap is there, the updates are coming, the protocol is building and it developing smoothly. Despite not being interconnected with this sell-off coming from Alameda Research where Cardano was not linked with that. I think that is where we will see a lot of more resilience to other crypt of with Cardano.