Alexander Legolas Profile picture
Apr 29 9 tweets 7 min read Twitter logo Read on Twitter
A Play Book Of How Some Smart Investors In #CARDANO #DEFI Will Earn Millions Of #ADA Much Like How Some Folks Took Advantage Of #ETHEREUM defi In The Early Days to earn THOUSANDS of #ETH. I challenge you to bookmark this post & watch it Play out. Follow the thread 🧵 🪡 Image
An illustration of how this will play out.
Blue Chip #CARDANO #DEFI tokens will move up against #ADA off the bottom of the bear market as illustrated in the photo above, as you can see ADA is up 3.47% in the past 90 days while @AadaFinance is up 275.33%, @MinswapDEX up 79.90%,
@MuesliSwapTeam up 27.39% @Oraclecharli3 up 84.12% The more aggressive RISE in value of these CNT’s causes an increase in their ADA value. As these protocols deliver on their promise and drive utility to the chain by reaching certain milestones of development, for example
(@AadaFinance delivering pool lending in a month or 2) The value of these blue Chip CNT’s will rise HARDER against #ADA increasing how much ADA each of their token is worth. The utility of the protocol will In turn drive $ value to ADA as a result of onboarding more participants
from other chains & participants new to crypto seeking the ability to earn YIELD. These participants have to BUY a ton of #ADA to interact with said protocol that gets LOCKED UP! putting even more upwards price pressure on ADA which increases ADA’s $ value & ultimately increases
how much dollars these #DEFI tokens that have been increasing their ADA value are worth. (EXAMPLE $AADA is worth 3.10 #ADA at this moment that ADA is worth $0.40c giving AADA a $ value of $1.24. When ADA is worth $0.80c AADA will be worth $2.48 if it’s still worth 3.10 #ADA but
it’s most likely going to be worth perhaps 4-5 ADA as a result of incoming pool lending, you do the maths on what the $ value of AADA is worth then).
As we go deeper into the bull market to the point that #BITCOIN breaks its prior ATH which inevitably causes #ADA to break its
prior ATH, once #ALTSEASON hits the dollar value of #ADA & ADA value of #CARDANO #DEFI tokens will Increase simultaneously but cardano defi tokens Will increase more rapidly as a result of having much smaller MKCaps causing them to attain more ADA value. The above illustration
will cause cardano blue chip like $AADA to be worth 10 to 15 ADA when #ADA is worth say $6 to $8 towards the top of the market cycle. Do the maths on what a token like $AADA will be worth in $ value at the top of the BULLRUN.

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More from @ShillMoBaggins

Apr 28
@PetMM2 Highly upsetting. $MELD team shows up early days of #CARDANO development, pitches the community on an idea, collect $30 million worth of #ADA, promise the community a lending protocol. DELIVERS NOTHING, swap some of that ADA for USDC and delivers a protocol on AVAX 🧵🪡 Image
What gets me is Some of you still don’t see what’s happening, some of you keep finding and making reasons for them, much less funded projects have delivers on #CARDANO and the $MELD team couldn’t find a solution to deliver with $30 million? Some of you want to say oh they are
cross chain, isn’t the idea of cross chain to build here on #CARDANO and bridge other chains to CARDANO? Now for all of you making excuses answer this question, Do you see any $AVAX or #ETHEREUM projects funded by AVAX or ETH coming to Setup shop and building a protocol on
Read 5 tweets
Apr 28
#CARDANO #ADA price prediction for this bull market top & my rational as to why I arrived at this number, a 🧵🪡

#CARDANO was launched in Sep. 2017. Amid the early days of development of the Cardano blockchain the cryptocurrency market saw a bull market that topped out in Image
January 2018. #Cardano reached a MKCap of $30,577,013,248 on Jan. 4 2018 for a $1.34 #ADA. In the next bull market in 2021 #ADA’s MKCap saw an increase of 210.70% from its last all time high for a $95,003,730,488 MKCap or a $3.10 ADA price. Keep In mind all these appreciation in
ADA value over the years were before any development on its chain. It’s the year before the halving again but this time #CARDANO has a robust blockchain with a healthy ecosystem full of utility building on it which drives value pretty aggressively if history is any Indication.
Read 7 tweets
Mar 22
@MinswapDEX Dominance A Thread 🧵

In MY HUMBLE OPINION #MINSWAP has ESTABLISHED itself as the NO. 1 #DEX for #DEFI In the #CARDANO Ecosystem. Not Only Has $MIN had a beyond impressive performance against #BITCOIN & #CARDANO as stated below as per @CoinMarketCap with $MIN up Image
33.05% in the last 30 days as opposed to #BTC which is up 13.05% in the last 30 days & #CARDANO down 8.86% in the last 30 days (In other words if you want more #ADA & #BTC VALUE in your portfolio, HOLD $MIN) NFA. @MinswapDEX has also continued to maintain approximately 40%
Dominance in #TVL amongst all #DEFI protocols on #CARDANO as per @DefiLlama. As a result of this continued growth and Out performance of other #DEXES & #DAPPS, I strongly believe @MinswapDEX will continue to keep the lead into the the bull market and if anyone knows anything
Read 4 tweets
Mar 22
#CARDANO #Blockchain & it’s decisive growth through the bear market. A thread 🧵🪡

Many in the cardano community appreciated my post yesterday on the potential in price target for #ADA heading into the next bull market but some naysayers couldn’t resist. I got quit a few
comments On how #cardano doesn’t have any partnerships with web 2 companies like polygon and a lack of such partnerships will ensure a slow death for #cardano. Cardano is a truly decentralized blockchain that doesn’t indulge in paying for partnerships and name dropping to get
ahead, #Cardano is purely ORGANIC, has always been, much like #BITCOIN mostly community driven and anyone can come here and build and they have been. As stated above smart contract deployment is up 300% since the beginning of the year & we recently broke the all time high for
Read 7 tweets
Mar 21
#CARDANO #ADA historical price action, a thread 🧵 🪡

I keep looking at this CHART. This is #CARDANO’S price action since inception, spanning from 2018 till date. Approximately 5 years of trading. I look at it and I’m still seeing a Cup & Handle pattern with a $14.38 target.

We
in the #Cardano community have never witnessed #CARDANO in a bull market with a thriving ECOSYSTEM complete with #DEFI, #stablecoins & #METERVERSE as we have now in this bear market. Anyone here now is early and we are about to witness history in the making. Despite the
impressive gains #CARDANO has always enjoyed in the last two bull markets, #CARDANO has never experienced having a HUGE percentage of #ADA locked up in NUMEROUS #DEFI protocols which takes a ton of its liquidity out of circulation frozen in smart contracts as #TVL, we are about
Read 7 tweets

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