25 February, 2024

Cardano is the ‘King of Dev Activity’: Santiment

1 year ago

07 Dec, 2023

The price of Cardano’s native $ADA token is a bit down, $0.25 at press time. But Dan Gambardello, founder, CryptoCapitalVenture.io, says his YouTube video on #Cardano is a must see, for a reason.

Gambardello believes $ADA’s price has nothing to do with its potential. Given its strong fundamentals, Cardano’s well-positioned macro outlook makes it promising for Dan Gambardello.

Voicing his support for Cardano (ADA) in a recent YouTube video, Dan Gambardello tweets:

Addressing ADA holders with much praise and love, Gambardello expresses gratitude for enduring a bearish ADA chart.

Digging into Cardano ADA’s current fundamental key points post-2018 bear market, Gambardello touches real key data.

Gambardello says Cardano has emerged as a ‘King of Dev Activity,’ per Santiment data. In this analysis, the developers’ activity measurement was done via the work done on the GitHub repositories of the cryptocurrency, and not mere commits.

Expressing his optimism on Cardano’s long-term outlook and positioning, Gambardello refers to a recent tweet from Lunar Crush.

In the said tweet, Lunar Crush, via an AI-based assistant assesses social activity to suggest crypto gems.

Gambardello says the said tweet from Lunar Crush ‘exemplifies Cardano,’ given its strong and active developers, users, and advocates community. He refers to a January 2022 Twitter poll conducted by Vitalik Buterin amassing 600,697 votes in total.

Buterin asks in the poll, from among BTC, SOL, ADA, and USD, which currency would the Ethereum community prefer to conduct 80% of transactions in 2035.

Thanks to its actively thriving community, ADA topped the poll results with 42%, second only to BTC’s 38.4%.