RE: Steemit Crypto Academy Contest / S14W6 - Future of cryptocurrencies
A very interesting, intriguing and educative post which you have shared with your fellow crypto enthusiasts in this great community. I seriously appreciate your efforts in providing such a well detailed post both in write ups and in graphics.
The Cardano (ADA) coin is a very good coin I think we both have trust in, to have good performances in this year. It fundamentals which you broadly analysed shows more reasons why this coin have the potential to hit $1 or above in 2024. Cardano (ADA) is been led by The co-founder of Ethereum, Charles Hoskinson which like you actually said, adds more credibility to this project. I personally recommend anyone to buy this cryptocurrency..
The images shown, in reference tobthe effect the Bitcoin halving had on steem in 2020, really made much sense and eventually, when it happens again, I'm sure a drastic shift will be noticed in the price of Steem in this year.
It's 15 years of existence to Bitcoin and its trends over the years are amazing. The future of cryptocurrency is actually promising as the global rate of adoption is gradually increasing.
Thanks for sharing and Goodluck
Greetings Friend,
Thanks for the awesome feedback. I'm really glad you found my post interesting and educational. It means a lot to me that you appreciate the effort I put into providing detailed information, both in writing and graphics.
You are right about Cardano (ADA). It's a coin that both of us have trust in, and I believe it has the potential to perform really well this year. The fundamentals of Cardano are solid, and as you mentioned, being led by Charles Hoskinson, the co-founder of Ethereum, adds even more credibility to the project. I wholeheartedly recommend anyone to consider buying this cryptocurrency.
It's fascinating to see how these events can have a significant effect on the price of cryptocurrencies like Steem. I wouldn't be surprised if we see another noticeable shift in Steem's price when the next halving happens.
And you're spot on about the future of cryptocurrency. With the increasing global adoption rate, it's clear that the future looks promising. Bitcoin has been around for 15 years now, and its trends over the years have been truly amazing.
Thanks again for sharing your thoughts, and good luck to you too.