Survey Shows ADA Is the Most Widely Held Crypto in the Bear Market -Breaking
- 76.9% picked ADA from the total 8,861 votes.
- This marks the third win of ADA in a major Twitter poll (NYSE:), since January 2022.
- ADA gained more than 6% over the past 7 days. BTC, ETH and BNB had all experienced negative values.
In a Twitter vote against (BTC and (ETH), (ADA) again won. London Real TV, Twitter conducted the survey on June 6, 2022.
People were asked to choose the one they felt most confident with during bear season. 76.9% picked ADA from the 8,861 votes. BTC received 11% votes while ETH only got 5%.
This is the third win for ADA in a significant Twitter poll, dating back to January 2022.
ADA was the winner in a Twitter poll by The_Bicoin_Express last month. It beat (SOL), Algorand and (ALGO) by 80.3%. All three had less than 10% of 15,458 votes.
Vitalik Buterin, cofounder of Ethereum Network and the leader in polls, ran the largest one so far. It attracted over 600k participants. ADA prevailed over BTC in the race by 42%. BTC finished second with 38.4%
ADA, the native token for Cardano is a proof of-stake crypto-currency. TheCoinRepublic claims that Cardano is among the most stable cryptocurrency networks. Charles Hoskinson who was also a cofounder of the ETH Network, founded ADA. He defined it as a stable, futuristic technology, with a staff that puts a premium upon accuracy rather than speed.
ADA, which has a market capitalization of more than $21 billion, is among the six top cryptocurrencies. The ADA gained more than 6% in seven days, beating its counterparts BTC and ETH. BNB, ETH, BTC, and BNB were all negative. ADA is trading at $0.6098, as of this writing.