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APT教主
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Systematically write down why I am not optimistic about ADA
Although I was quite optimistic before, I am now changing my mindset to play the so-called bear
To clarify, I have watched almost every video from the Blockchain Daily (over 90% of the fans), let's discuss rationally with the fans
1. The so-called lack of chain breaks may be that no one is using it and no one cares, and the matter of chain breaks is not as terrifying as it seems. In fact, the Nasdaq or whatever exchange has also gone down before. Can chain breaks really become the only standard?
2. The ADA ecosystem is extremely inactive, there is basically no innovative DeFi in Web3, the ecosystem coins haven't listed on major exchanges, and the only meme, Snek, isn't even on Binance
3. From the previous selling of ADA at a slippage of 80% or so, it can be seen that no one is forming pools on the ADA chain. USDT and USDC have been around for years without a native stablecoin. I don't know what the team is doing
4. It is said that Sol is not good, but looking at Sol, the capital locked is at the billion level, and DeFi like Jup, Met, etc. are very usable, the development speed is fast, and you can trade US stocks on Sol
5. On ETH, there is Aave, there is Uni, and various messy innovations. BTC is the most consensus coin, Sui and Apt have extremely fast trading speeds, excellent user experience, and DeFi is developing rapidly. I don't know what ADA has that can compete
Finally, discussions are welcome. Not everyone who dislikes ADA is a bear
$ADA $BTC $ETH
Although I was quite optimistic before, I am now changing my mindset to play the so-called bear
To clarify, I have watched almost every video from the Blockchain Daily (over 90% of the fans), let's discuss rationally with the fans
1. The so-called lack of chain breaks may be that no one is using it and no one cares, and the matter of chain breaks is not as terrifying as it seems. In fact, the Nasdaq or whatever exchange has also gone down before. Can chain breaks really become the only standard?
2. The ADA ecosystem is extremely inactive, there is basically no innovative DeFi in Web3, the ecosystem coins haven't listed on major exchanges, and the only meme, Snek, isn't even on Binance
3. From the previous selling of ADA at a slippage of 80% or so, it can be seen that no one is forming pools on the ADA chain. USDT and USDC have been around for years without a native stablecoin. I don't know what the team is doing
4. It is said that Sol is not good, but looking at Sol, the capital locked is at the billion level, and DeFi like Jup, Met, etc. are very usable, the development speed is fast, and you can trade US stocks on Sol
5. On ETH, there is Aave, there is Uni, and various messy innovations. BTC is the most consensus coin, Sui and Apt have extremely fast trading speeds, excellent user experience, and DeFi is developing rapidly. I don't know what ADA has that can compete
Finally, discussions are welcome. Not everyone who dislikes ADA is a bear
$ADA $BTC $ETH
$LAB , can we send someone to take out the project team? They just blew up a few million dollars in shorts.
If the project team is seen offline, the $LAB Air Force will just take a watermelon knife and chop it up.
$LAB I'm serious, who knows the project's address? I'm going offline to deal with him, I can't take it anymore.
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