Is Cardano (ADA) Overvalued? Analyst Weighs in

Is Cardano (ADA) Overvalued? Analyst Weighs in

The argument fronted by a renowned cryptocurrency analyst is that Cardano, the smart contracts platform that will compete with Ethereum promising a high throughput and scalability, is overvalued. At press time, its native currency, ADA, has a market cap of $934 million from a circulating supply of 25.927 billion.