Cardano To Thrive Through Atomic Swap

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With the state of the current of the market seeing red and Bitcoin
being below $3,500 at the current time of writing, many traders
and investors have been wondering which is going to be the next
coin or token which will come out with its true value in the next
few years.

If we look at 2018 as a whole we basically see a downtrend going
throughout the whole year with a few intervals for bull runs which
were short-lived and gave false hope to enthusiasts. You could
even say that last year was the ‘gold rush’ while now the
technological potential is truly being the base of value
comparison. On top of this, “ if one certain blockchain platform
network does find its widespread adoption it does not mean that
the native token will be part of the utilization too.”

The atomic swap is ongoing and is highly anticipated throughout
the community. There are several tokens which have their value at
risk with it not being a necessity of holding on a coin for a long
period of time. If we take a look at Cardano and its price/value will
not be affected by the last factor. “Opening doors for a way to
receive passive income via holding the token on a longer term will
give individuals a reason to go for the leading coin. Likewise,
bank interest that many will use to stack value but with a dose of
hype.”

There’s always a possibility that last years bull run could repeat
itself although this is unlikely at this stage in the year.

In other Cardano related news, last month saw the Cardano
Foundation making a significant announcement through its Twitter
account saying that pecking order of the Foundation was making a
change. The statement went into how the former chairman of the
Foundation, Michael Parsons was stepping down from his role and
that Pascal Schmid will be taking his place.

Source : https://cryptodaily.co.uk/