cardano
raised $62m
0 revenue
1 tps
entire “ecosystem” is basically one dex and one lending protocol that maybe 7 people use per day
literally a ghost chain, just guarded by an illiterate cult at the gates
it sits at a $21b fdv
'fixed supply' yet 18% is still not in circulation. staking rewards and governance treasury emissions keep getting dumped nonstop. no burn mechanism either
not that it matters because nobody uses the chain anyway
similar to xrp, joining the ada cult apparently requires being an active member of the flat earth groups on facebook
charles is busy running a farm funded with the tokens he dumped from the treasury
zero
93.61K
910
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.