ADA investment risk is B+
Many cryptocurrency investors have a great interest in gaining benefit from coin profit, some of them are follow the best performance one like Bitcoin. While some random investors may evaluate the risk of the
cryptocurrency investment. Therefore, I have some information about Cardano.
Recently, the ADA risk rating was defined as the B+ by the standard consensus of blockchain rating agencies. The investment risk level is a general risk and requires the attention of investors. The main reason for the ADA to obtain the B+ rating has 3 reasons. The project has strong technical strength and the team has outstanding research capabilities. High degree of innovation, but the performance of the main chain remains to be further tested.
There are liquidity risks in the secondary market. The Cardano main risk points are as follow:
First: The current development of the ADA is progressing smoothly, but the performance need to be further tested.
Second: The average turnover rate of the ADA in the whole market in the recent months was 2.11%, and there was a high liquidity risk.
Three: Compared to ADA's leading technical strength, its fan community and developer community have no advance advantage.
Finally, is the price of
ADA today from Citicoins, On June 11, ADA is of $0.17, traded down at 6.58%, has a market cap of $4,563,294,050 USD.