Is This Why Cardano is about to Rocket higher?
With everything going on this week you might have missed that COINBASE Pro has finally listed Cardano (aka ADA). One might have expected this major news to wait until after Coinbase completed its IPO. However, it hit the news wire yesterday 03/16/21! This got me thinking how most tokens perform once they get main Coinbase listing (avg 18-20% higher). Recall Coinbase has positioned themselves to help Institutional investors not retail investors! Doubt me, just think of all the Coinbase outages just this year during rally days? Still doubt me, think back to ALL the Coinbase outages last year! Dig hard enough I am certain you can find those outage dates!
At $1.20 I consider ADA to be undervalued when compared to other Crypto projects. ADA did go up a slight bit yesterday, however, I project with the pending arrival of US stimulus checks and then main Coinbase listing that ADA will rocket up at least 20%. And IF you factor in the Wall of Institutional Investors moving into Crypto (not just BTC). Also yesterday ADA is now available on Bloomberg terminals - again reinforcing the technology for big players and perhaps Whales.
Source - https://cryptoslate.com/cardanos-addition-to-bloomberg-terminal-could-be-bullish-despite-investor-scrutiny/
One example is Gene Simmons, yes the KISS lead singer got into Cardano in Feb. '21 for a small $300K investment. You can read about it here - https://www.coindesk.com/video/kiss-frontman-gene-simmons-endorses-cardano
One has to hand it to Charles Hoskinson he has really put great work into the Cardano PoS (Proof of Stake) system and I feel strongly that we will all benefit from his efforts in making Cardano better than ETH.
Summary - massive Institutional exposure is coming to ADA from Coinbase and Bloomberg exposure. Are you in position to profit
Disclaimer - This is NOT investing advice, just reporting news and facts. Do NOT misconstrue the info! I am not an employee nor agent of Caradno, Bloomberg nor Gene Simmons.
