The post Cardano (ADA) Price Set for $3? New Crypto Presale Breaks 100% Gains and Nears 10K Registrants, Interest Fades For Hedera (HBAR) appeared on BitcoinEthereumNews.com.

Layer 1 solutions are the future of crypto, but competition is fierce. Smart contract platforms Hedera (HBAR) and Cardano (ADA) are two of the better-known competitors who just cannot seem to make it in the cutthroat market of the cryptosphere, with both losing value and market share. The Cardano price is a shadow of what it once was and dangerously close to its all-time low. However, investors don’t need to go after layer 1 solutions for massive returns. The new crypto presale from Rollblock may be just the cure for smart contract blues.  Hedera (HBAR): Alternative blockchain’s well runs dry  At 90% below its ATH price, Hedera is a lame-duck project that is fast losing its appeal. In the crypto frenzy of 2021, Hedera made some money for its investors, but as technology and the markets matured, the better projects got separated from those who were mere pretenders. Hedera was one of the losers. While Hedera lifted its head slightly at the start of the year as the markets turned bullish, the embattled blockchain is now priced lower than a year ago. Hedera investors may consider cutting their losses. Cardano (ADA): Cardano price pays cost of low development Long-time crypto enthusiasts are all Cardano fans, as they know just how incredible the project is. But if Cardano is so awesome, why is the Cardano price so low? The Cardano price is a victim of the project’s technical precision. Such technical innovation has payoffs, and Cardano, as good as it is, is just too sluggish and expensive for modern blockchain development. While the Cardano price will always have support thanks to the mission-critical projects it supports, the days of a $3.00 Cardano price are long behind it. Investors in Cardano may be more interested in the tech than in its profitability.  …

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Filed under: News - @ August 17, 2024 10:15 am