Weiss crypto recently gave its verdict on the Cardano project on Twitter. The company praised Cardano for its resilience despite turbulence in the crypto space.
Weiss is known for its unbiased and accurate ratings of cryptocurrencies, stocks, mutual funds, and ETFs. The company has been existing for over a decade and the thousands of followers of the company see its crypto and commodity ratings as valid.
Cardano is Remarkable and Worthy of Praise
According to Weiss, while many in the crypto ecosystem hate ADA, the token has endured crypto winter and still stands strong. ADA was launched in 2017 when the crypto market just experienced an extreme bullish season.
Following the bullish season, crypto prices strayed from their all-time highs and many cryptocurrencies that launched during that period are nowhere to be found today. The Cardano token survived that period, and the developers have shown commitment in the project in spite of difficulties.
Weiss also admitted that the project has been quite slow in achieving some of the goals laid out in its roadmap. However, the team has always carried its community along by organizing AMAs and sharing updates every week.
Today, the network is better than it was a year ago and the community has grown tremendously. Weiss also mentioned that the Cardano project will likely experience new peaks when the general crypto market becomes friendly again.
While individuals may agree or disagree with the principles they want to build, the team’s results are mind-blowing. They have bootstrapped a distributed network from nothing, which is no easy feat.
Many followers agreed with the viewpoint of Weiss. The ADA token had an all-time high of $3.1 and the Cardano community is optimistic about the token exceeding its previous highs in the coming years.
