09/04 - MAC's Hot Crypto Alert $ADA

Could be a contender

09/04 - MAC's Hot Crypto Alert $ADA

Current Price - $2.85

$ADA is a digital currency. Any user, located anywhere in the world, can use $ADA as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain.

Every $ADA holder also holds a stake in the Cardano network. $ADA stored in a wallet can be delegated to a stake pool to earn rewards – to participate in the successful running of the network – or pledged to a stake pool to increase the pool's likelihood of receiving rewards. In time, $ADA will also be usable for a variety of applications and services on the Cardano platform.

MAC has been ambivalent toward $ADA but should have been all over this crypto as soon as Gene Simmons started tweeting about his involvement. Cardano has been chasing the Ethereum networks tail and could be a contender in the smart contract space. Charles Hoskinson is the founder and has been making his rounds on podcasts such as Lex Fridman and a recent interview by Tom Sosnoff of TastyTrade  - (Open and fund a new tastyworks brokerage account and get $50 worth of crypto when you fund with $200! Or get $200 worth of crypto when you fund with $2,000! - Join Here)

MAC has buys set in the $2.50-3.00 range with no sells set, this is a long term hold with expectations of $ADA to hit the hundreds maybe thousands within the next 12-18 months.

HIS IS NOT TRADING ADVICE - MAC IS NOT A PROFESSIONAL STOCK TRADER ALL INFORMATION IS PUBLIC KNOWLEDGE AND COMMON SENSE.