Measures absolute and relative price fluctuations over several time frames and other variables.
Calculates returns in comparison to moving averages and other factors.
Measures the ability to scale, upgrade and other technological weaknesses or strengths.
Evaluates public acceptance, participation of developers and other key factors.
It seems that Cardano is off to a strong start – considering the crypto market as a whole. Cardano has made it known that they intend to overtake ethereum on their new platform which they created from scratch. This is a lofty goal by any standard but we are eager to see how this coin performs in the future.
Since Cardano debuted in October 2017 the crypto market has experienced a large amount of growth and correction. Because of the odd up-and-down market, it’s hard to say with certainty what kind of ROI will come from Cardano but overall it seems to have caught the attention of general crypto market with $10 billion market cap (as I am writing this review).
Cardano is gunning to overthrow Ethereum. This software system stack is versatile and scalable, developed with the foremost rigorous educational and industrial software system standards. The platform is being constructed in layers. This gives the system the flexibility during maintenance and allows for upgrades by way of soft forks.
Cardano has received positive market sentiment. This is probably largely due to the fact that Cardano is being led by former Ethereum co-founder, Charles Hoskinson. They have devoted a large team of expert engineers and researchers to build Cardano from the ground up. Cardano will be driven by peer-reviewed academic research.
The Cardano project may be the next generation blockchain. Cardano will allow for technological revisions through soft forks and looks to capitalize on the mistakes that have been made in past on crypto coins.