Why Cardano (ADA) Is Overvalued

Nick (Senior Research Analyst) explains why he believes Cardano (ADA) is overvalued and shouldn't be ranked in the top 10 cryptocurrencies by market cap. He highlights its light on-chain activity and the lack of users of apps that are built on the Cardano blockchain. Nick also touches on some other blockchains and cryptocurrencies he believes are overvalued. #Cardano #Crypto #Blockchain

Timestamps:

00:00 Intro
00:45 Overview
01:37 Cardano (ADA)
02:35 Cardano vs Ethereum
03:18 Apps on Cardano
04:23 Total Value Locked (TVL)
04:40 Stablecoins
05:20 Why ADA Is #7 by Market Cap
07:40 Aptos (APT)
09:40 VeChain (VET)
11:05 Free Crypto Strategy Call