Cardano cryptocurrency is predicted to fall to historical anti-records

According to analyst and crypto skeptic Evan Van Ness, Cardano (ADA) is a dead cryptocurrency that is as close as possible to its historical anti-record. Van Ness is convinced that Cardano remains popular only because of the presence of a large number of bots that pump the token, which the skeptic called ADAbots.

Despite the successful historic update of Cardano on September 23, Evan Van Ness did not notice a significant increase in user activity or price spikes. According to the analyst, this indicates that members of the cryptocurrency community are not too interested in the token. It is worth noting that the main goal of the Vasil hard fork is to increase the scalability of the decentralized network and the overall usability.

At the time of writing, ADA is trading at $ 0.43, down 5.32% over the past 7 days. Interestingly, some cryptocurrency analysts were convinced that ADA would fall below its yearly low of $ 0.40 ahead of the Vasil update. While crypto trading expert Michael van de Poppe said that ADA would target the $ 1 level ahead of the update. However, none of the predictions came true.