Be prepared for a dump on Cardano tomorrow (or shortly after)


As you may or may not know, Cardano (ADA) is launching smart contracts tomorrow after what seems like forever, which is great! I’m very happy this is finally coming for all you ADA holders and speculators, I only hold a small amount but It’s great to see progress on all the projects.

However… The most likely scenario is that the news and launch smart contracts have already been priced in and will dump after the launch. This does not mean that ADA will not go up more in the future, but I do expect a dump for the next couple of days or even week followed by a slow rise to ATHs. Please be aware of this and DON’T panic if the price drops heavily

submitted by /u/step11234
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