US politician David Gokhshtein recently shared his views on an altcoin project. The famous crypto phenomenon stated that he has expanded his position in the mentioned altcoin and is pleased with the result. Here are the details…
“I have this altcoin in my cart”
According to David Gokhstein, he talked about the popular altcoin project Cardano. The famous name also answered questions about whether he maintains his ADA positions. Accordingly, the Politician continues to hold the ADA positions and is quite satisfied with the current state of the cryptocurrency. In addition, ADA has been continuously expanding its portfolio since its inception. Sharing his thoughts on Cardano, the phenomenon suggested that people do not understand Blockchain. He has expressed this opinion on various platforms before. For Gokhstein, the main obstacle to blockchain is that it seems too difficult for the average user. That is, logging into the Blockchain consists of complex transactions. According to him, blockchains are growing slowly because people need time to understand them.
Gokhstein is known for repeatedly criticizing the complexity of the Cardano network in the past. The famous name states that cryptocurrencies and Blockchain are really difficult for techno enthusiasts and ordinary citizens. To him, cryptocurrency and Blockchain seem like a science he has never seen before for the ordinary citizen. According to the politician, the altcoin project needs to simplify its message as much as possible. It also needs to rid the platform of uncomplicated terms that are out of the ordinary. If Cardano does these things, it seems highly likely that interest in ADA will increase. However, even this may not result in an increase in the number of users of the network.
What’s next for Cardano (ADA) price?
Last weekend ended more than good for the cryptocurrency Cardano (ADA). The altcoin managed to climb to the upper end of the $0.4-0.6 price range, where it fell at the start of the crypto crash in May. Over the two days of the weekend, ADA was up an excellent 10%. However, it failed to break the important resistance level. As a result, their prices fell from this level. The expectation that the crypto market will move further is still possible. Therefore, it may be a better idea to be guided by price levels. In other words, investors should make their own investment decisions instead of waiting for another venture that will earn $ 0.6.
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