Down ~50% across a few months. So many naive kids jumped into Crypto this season, a whole new wave of confident, but ignorant-of-history players thinking 'this time it's different'.
Every time is just the same. If you bought only the big names last season and you're still holding, then you're probably doing ok. But those who bought into the fad coins are going to hurt badly. My guess is that ADA wont even be a thing next crypto season. XVG was the biggest thing last season with alllllll the big announcements, partnerships and all the buzz. It vanished when the owners had finished dumping their supply. Now there's nothing left to dump, there's strangely no more 'big announcements'.
It's a no-brainer.
ADA only have 24% of their supply left to dump yet (nearly finished), so no doubt there's gonna be a few more big announcements before they either vanish, or release ADA version II, or ADA lite, or ADA+ coin (some sh!tcoin scam reason to create another 50 billion+ coins out of thin air to sell) . For the majority of crypto - it's such a slimy, scammy space.
Z1P Crypto discussion thread, page-412
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