CandleFocus BitBoy Says $5 Possible for Cardano But Insists its is “A Dying Platform”
2024-11-14
Author: Content Editor
Crypto commentator Ben Armstrong, also known as BitBoy, has expressed doubts about Cardano's long-term sustainability despite acknowledging its recent price surge. While Armstrong believes investors holding ADA will make money, he suggests they may not see the same high returns as other projects. He referred to Cardano as a "dying platform" with an uncertain decline timeline. Armstrong also criticized Polkadot, labeling its growth model unsustainable, and scrutinized Ethereum, speculating it may lose appeal to retail investors. However, he did leave room for optimism, stating that ADA could reach $5 in the short term.
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