Is "ADA" a junk-level virtual currency❓
From a negative perspective, some consider Cardano (ADA) to be a "junk" cryptocurrency as it has been accused of being slow in terms of practical applications and technological development, compared to other fast-growing competitors on the market. Value growth has not been as expected. Such critics argue that the promises of ADA, such as the potential of decentralized finance and smart contracts, have not been fulfilled, leading to a dampening of confidence.
If the cryptocurrency market is compared to a car race, Cardano is like a car that is claimed to have top technology and unlimited future potential, but it is always slower than expected, falling behind in the race and disappointing the audience. Other drivers competing with it (such as Ethereum and Solana) have overtaken on the track and become the focus. Critics will feel that despite ADA's good publicity, it has never been truly fast and competitive.