Will Cardano burn coins?

Burning will not happen . Burning is not Cardano, Hoskinson is Cardano and therefore the speculation is a nuisance and a closed case that is detracting from the growth of the project. Cardano is currently trading at $2.05 per ADA token and has risen in price more than 2000% over the past year.

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Why is ADA still cheap?

Cardano is so cheap because it is a relatively new project that has not attracted as much attention as Bitcoin or Ethereum . The second factor is that there are 45 billion Cardano’s. So the relative price per share (ADA) is low because the total supply is so ample.8 May 2021

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