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We have seen some huge pumps in the last few days with the Dogecoin pump and the XRP pump which were both followed by big dumps. I have seen groups set up talking about making Cardano ADA the next coin to pump but I don’t think this is good for the long term growth of the ADA price.
I think Cardano has strong enough fundamentals that it can pump all on its own over time which will be far healthier for the project and alot better long term. I would say the big majority of people in Cardano are long term hodlers and a more gradual growth will be the best approach for everyone in Cardano.
With the recent pumps by telegram groups there is always a big dump after which usually falls on the new investors and gives them a bad experience with the project that is been pumped rather than the trading experience which they really had.
** Timestamps **
0:00 Intro to Cardano Pump Groups
1:24 Dogecoin Pump
1:53 XRP Pump and Dump
5:20 Cardano Pump Groups
8:00 Summary of Cardano Pump
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Disclaimer: Everything in this video is my own opinion and is not financial advise as I am not a financial advisor. I am just a random guy on the internet with a big passion for crypto and Cardano
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Cardano or Xrp, Cardano Next To PUMP After Dogecoin & XRP | Not good! ⚠.
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