- Cardano (ADA) wins Twitter Poll by a landslide margin.
- Hopes are high on ADA ahead of 2030.
- BTC and ETH are still the people’s favorite.
Cardano (ADA) leads by a wide margin in a Twitter poll by the crypto community on May 18, 2022, getting 82% of votes over three other altcoins.
A Twitter user with 26.7k followers ran a poll requesting people to vote for the coin they believe will remain until 2030. Along with ADA, they listed Solana (SOL), Avalanche (AVAX), and Algorand (ALGO). At the time of writing, 12,983 Twitter users voted. 82% of the respondents favored Cardano’s ADA, while only 3% picked Avalanche.
However, a commenter expressed zero confidence in the four listed tokens. Citing the unfortunate implosion of Terra (LUNA). They said their conviction remains with Bitcoin (BTC) and Ethereum (ETH).
While it is impractical to tell which coin is the next Bitcoin, experts have parameters in place to vet the sustainability of a crypto project. The sustainability of a coin may be from its use cases, team, web presence, community, etc.
The Case for Cardano
Cardano has a community of 1.3 million followers on Twitter. Its blockchain was developed by Charles Hoskinson, the co-founder of the Ethereum network. From its official website, Cardano claims to be a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies to bring about positive global change. Its blockchain can authenticate pharmaceutical products to eliminate the risk of buying counterfeit drugs, among other fascinating use cases.
Nonetheless, every cryptocurrency has a reason to exist. It may exist as a payment method like BTC, or a utility token, like ETH, to verify transactions on a blockchain. The absence of a use case for a coin is a strong indication of something fishy.
A crypto project’s website and social media presence also gauge its activity level and give an insight into the project. Knowing the team behind a project adds an extra layer of credibility to the project. All of these are true for Cardano (ADA).
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.