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❕NEWS More people are starting to stake cardano

AudraMiller

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The cardano cryptocurrency is one that is quite popular and there are a lot of public figures, millionaires from cryptocurrency and even companies that have been especially vocal when it comes to this coin and as a result i think that they have been able to get a large community rallying behind this coin, thereby driving its position up the ranks in terms of the market cap of the coin. In a recent news article it seems that there is a lot of people that are staking this coin with over 200 thousand staking addresses being added to the cardano network in the last three months alone. What are your thoughts on this?
 

GoldenLady

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Cardano has promised a lot of good developments. Stakers are doing that to show their confidence in it's value in the future
 

ElPaule

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The cardano cryptocurrency is one that is quite popular and there are a lot of public figures, millionaires from cryptocurrency and even companies that have been especially vocal when it comes to this coin and as a result i think that they have been able to get a large community rallying behind this coin, thereby driving its position up the ranks in terms of the market cap of the coin. In a recent news article it seems that there is a lot of people that are staking this coin with over 200 thousand staking addresses being added to the cardano network in the last three months alone. What are your thoughts on this?
cardano is good their promotion and adverds are not so pushy like others and there are not to many agenda driven celebs to pump the coin. Thats what it makes the coin very favored for me at the moment
 

De-rector

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Honestly if one can buy more Cadarnos and stake it then you can be patient to hold it for a long time its could go as higher as etherium in value and you will become a whale.
 

Wisdom01

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They are confident in holding it , because they are sure the price would have more increase in the future , the price is still cheap it's best to acquire more
 

AudraMiller

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Cardano has promised a lot of good developments. Stakers are doing that to show their confidence in it's value in the future
I do agree with you and if they are able to deliver on these promises that they have put forward then i think that this coin ill actually be able to rival the major cryptocurrency coins like bitcoin and ethereum.
 

BullyMaguire

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Well they earn more by doing so without much of a risk.. since it's official from cardano. Long term hodlers have no reason not to use the stake feature
 

Josemendez

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It is normal that this is the case because people need to make passive income from their tokens because it is better than being idle
 

Mariappa45

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If the APR interest is high then I wouldn't mind staking on the coin provided at the end of 30-90 days of staking duration I'll get reasonable reward back.
 

kaycee001

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Cardano is the new deal now and the risk is worth taking as the cardno cryptocurrency has prospects so it is wise to invest now so as to reap better profit in the future,it is not a bad deal afterall
 

AudraMiller

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Well they earn more by doing so without much of a risk.. since it's official from cardano. Long term hodlers have no reason not to use the stake feature
I agree with you. I think that the only concern that i have when it comes to staking coins is that you are not able to make the most of the fluctuations in the market that may happen during that time.
 

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