Bitcoin veteran Adam Back has criticized Cardano, dismissing its academic contributions as mere marketing rather than genuine innovation. Back, who is mentioned in the original Bitcoin whitepaper, expressed skepticism about Cardano's value proposition.
In contrast, price analyst Ali Martinez has identified a potential rally for Cardano's ADA token, predicting a price target of $2. Martinez's analysis is based on technical indicators that suggest a bullish trend for ADA, despite the criticism from Bitcoin proponents.
Bitcoin Pioneer Criticizes Cardano, Analysts Eye $2 ADA Target
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.