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Ah Ardana, the project I got a ridiculous 2 DANA in their ISPO. Still have those in my wallet
Bought a bag of DANA tokens and noped out the same day because of a gut feeling that something isn't right. A few hours later it crashed 85%
What I was thinking, the title is so misleading. So for reference for those interested they're talking about Ardana (DANA). They basically were going for some type of dex and a stablecoin was in their program as well, they were pretty hyped because of that, so one of the biggest projects. They raised capital partially trough an IPO, 3 arrows capital had the biggest bag and started dumping slowly (vesting period) after going bankrupt. They also were raising capital trough an ISPO. Basically you delegate your ADA in a specific pool who takes a commission of 100%, they take your rewards and pay you with their token, kinda lower risk this one. We're definitely talking about a project who did everything to build hype and be one of the biggest of the ecosystem. Anyway they lost traction after showing low activity and no final product on sight. Few days ago they tweeted saying that they were going to abandon the project, leaving the open spource code free for anyone who wants to work on it, no explanations were given. No fault on Cardano end, jusy a failed project on the ecosystem, sucks that it was a big one and a lot of money got lost.
tldr; Ardana Labs has halted development on its Cardano project, citing "funding and project timeline uncertainty." The project will remain open-source for builders while treasury balances and remaining funds will be held by Ardana Labs. Ardana's native DANA tokens have lost close to 99.85% of their value over the past year. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Ya def they want a moonshot. A smart play would be ETH. My moonshot suggestion is MIN or DANA
My picks are ETH, ADA, and DANA. ETH is the biggest smart contract platform. ADA is my favorite L1 for a lot of reasons DANA is a stable coming hub coming to Cardano 2023 Q1 and I think it’s very promising for the ecosystem.
Can't believe I didn't sell my DANA. Rode that sucker all the way up and all the way down.
I'll probably do liquidity providing with DANA. sounds like that will earn at a higher rate.
Yep I did the full multiplier and I’m still staked to an Ardana ISPO. I also plan on providing my DANA to danaswap when the dapp goes live. There’s 50 million in DANA to earn that will be released as liquidity
ADA, DANA, and ETH if it goes lower
3 Steps: 1. Pick a niche or sector in crypto that you find attractive whether it be an L1 like ETH or ADA, an L2, or a sector like gaming/meta verse/defi…just pick one thing that you love and focus on that 2. Spend 3-6 months learning everything you can about the section of crypto that you picked in step 1. If you picked in step 1 that you loved L2 solutions but only L2 solutions on ETH, then you would spend 3-6 months testing/learning/absorbing these L2 solutions and the projects on them. Really try to understand what their project provides, how their team is, are they communicating, are they building, do you like the product, etc. 3. Trust your gut after all of this due diligence and invest in the project that you believe in. It doesn’t matter if anyone talks about the coin on this sub or not. Make an investment based on your accumulated knowledge. You can’t rush this decision just let it happen naturally. This is a very basic overview, but it’s my base crypto value investment strategy. I do this specifically in the Cardano ecosystem. My step 3 pick is Ardana ($DANA). Not financial advise, good luck
Maybe check out Ardana ($DANA) on Cardano if you like alts
I use a value based approach combined with a niche category approach. I believe you can assess a cryptos value based on a few things. So first thing you need to do is have a sector of crypto that you truly believe in, understand, and enjoy. For me, this is Cardano. I love the peer reviewed aspect, I love the staking, and the project just really drew me in. For you, this could be a project like and L1 or L2, or it can be a sector of crypto like gaming, defi, or meta verse. Once you decide what you choose as your main focus, the next thing you want to do is dive as deep into that area as you can. Focus your attention on this area for a minimum of 3-6 months and just learn, try things out, and absorb. This shouldn’t be hard. Just join the Reddit community, the Twitter communities, and absorb overall crypto news for an hour a day and this is possible. The main thing about this is it should feel enjoyable and natural. After this period of really learning your chosen area you can decide if it’s still a good area to be or if you need to change. The last step would be to invest into your sector based on your experience, due diligence, and gut feeling. Crypto has a lot of non-tangible value, and it is important to be able to properly assess this based on aspects of tokenomics, community communication, project niche use case, is that niche case relevant for the current crypto space etc. This is a very brief overview of how I attempt to dive into an area and find low cap alt coins that can be added to my portfolio of large cap cryptos. I do not diversify my crypto across many projects. I only hold a handful of things that I believe in and would be comfortable losing everything on. ETH, ADA, and DANA are my main holdings.
Not ADA but some of it tokens such as DANA, MIN, WMT, COPI and PAVIA.
Sleeper along side MILK, LQ, DANA.
Even better is if you stake with certain ADA pools you earn APY in ADA, PLUS you will participate in an ISPO and earn other coins as rewards (XRAY, DANA, GENS)
ADA for me! Also on Cardano, I am patiently waiting for Ardana (DANA) and Orbis to go live. These two projects stand out the most to me.
tldr; Ledger has added 100 Cardano native tokens to its Ledger Live app. Ledger users can now send, receive, and transfer ADA directly from the app. ADAX, DANA, DRIP, FIRE, and CLAP are among the newly added cryptocurrencies. The new listing comes just a month after Ledger added full support for Cardano. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
My two cents on the best method to trade/invest in crypto is to use value investing. Basically, what I try to do is take Warren Buffet's ideas of stock valuation and add them to our crypto environment. We do not have yahoo finance information on crypto such as balance sheets, profits, earnings, etc., but we can take our time to focus in on one key blockchain (possibly ETH, ADA, ALGO, etc.), then take time to understand that area to the best of our abilities. We can then decide which projects provide reason to invest in. Do you believe in their niche offer, does their team communicate as you would expect, is the time right for this project, how's the tokenomics? I think that if you can find a way to mirror value investing into the crypto markets, you can work in a manner that Buffet did. Essentially stocks were "newer" back then, just like crypto now, and less people understood stocks. This provided more opportunity. I am just trying to do the same in a new space that people don't understand yet. I also only research in the ADA community but hold some other crypto for diversification. My major play in the Cardano community right now is Ardana (DANA) in case anyone wants to know. They check off a lot of boxes for me and are building a stablecoin hub on Cardano that will also have foreign exchange pairs. I think its pretty cool. Invest at your own risk. Not financial advise. Please don't put your whole bag into DANA.
tldr; The DripDropz team was alerted to an announcement on Twitter and Medium that showed a scheduled drop for the Ardana DANA token that was to begin on July 5, 2022. None of the team was aware of this drop, nor did they have Ardana team in any of our communication channels. A recent hire of just a few weeks had been tasked with contacting the Drip *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Im thinking ADA, COTI, and DANA!!
I'm playing it a little more conservatively. Staking to one pool which should get me some DANA later in the year. Haven't engaged with LPs on Cardano yet. I enjoy a simple life
DANA is in its Pre-ISPO right now too, cant shill it really cos I dont know shit about stablecoins, but if you know your stuff take a look.
Check the ones with a low supply like KAVA, CQT, GNS, DANA
PBX DANA milk all under 25m mcap
I would suggest looking into Ardana $DANA. It is a stablecoin hub on the Cardano ecosystem that also focuses on foreign currency exchange via stablecoins. The market cap is around $30 million right now.
DANA and LQ launch is the most I'm waiting on.
True and DANA brought me profits already.
Anybody got any info on DANA beside the circle jerk TG?
I know m8, I already got my bags full of $DANA.
I would suggest DANA if you are looking for a solid low cap. The project name is Ardana, and it is a stablecoin hub on Cardano. Make sure you research it and understand why I think it is a good buy, but there is a lot of room for growth with this one in my opinion.
That's why I sold a few days ago and bought some $DANA.
Soon. Very soon It just might be Ardana (DANA)
Yes, my favorite project is Ardana, the DeFi hub of Cardano, I got some $DANA at $3 and I'm quite confident it will be hitting double digits real soon.
NFT, buying other token such as DANA, Hosky etc.. and sundaeswap (Cardano uniswap) is getting out 20 January. staking to earn rewards (not locked) + delegate to ISPO such as MELD, GENS, SUNDAE etc.. to earn their tokens when their dapps launches. + Lots of defi apps getting out this quarter and Q2.
Add ADA but not just for ADA itself, but to stake it on one of the ISPO pools that give you a second token like Sundaeswap or XRAY (you're late for MELD, sry). There's no lockups and you will get around 5% ADA per year + a valuable token in an ecosystem about to bloom and the possibility of double yield. Sundaeswap and others are implementing ways to add your ADA to a liquidity pool and get the staking rewards at the same time. Double yield. Also look into Cardano ecosystem tokens like DANA, WMT or ADAX
 Woah! $DANA's ecosystem is growing pretty amazing 🚀
Investing in every Cardano project now 🚀 buying more WMT, DANA, XRAY on muesliswap. DOEX's IEO still ongoing on ExMarkets... Staked for MELD, XRAY and soon for Sundaeswap And of course hitting the HOSKY doggie bowl Buckle up!
My first ride. I learnt a lot. I got lucky. ADA made me money. Currently re-investing part of the profits in new Cardano project releases: WMT, XRAY, DANA even the unknown DOEX and the obvious rugpull HOSKY token. Staking for MELD and soon for Sundaeswap too. Life is good.
What makes you say that? I've never heard of DANA
ADA will have its time. I think Ardana (DANA) will be a good investment too.
So far I've bought NFTs, staked those NFTs for yield, and traded coins for other projects developing on Cardano like $DANA, $WMT, etc. (And FYI, I bought the bulk of my Cardano at around $0.13. Even if I sold today, I'm still at a 10X - not including the additional ADA I've earned in the meantime or the ISPO tokens I've already earned. Thanks for your fake concern though.)
MuesliSwap has 17 assets listed so far. In fairness, I can say that I recognize 9 of them (DANA, WMT, VYFI, ADAX, MIN, XRAY, KICK, YAY, HOSKY). 10 if you count MILK, which is MuesliSwap's token. Not too shabby to start off with. Let's circle back to this conversation in another 90 days and see where we are by then.
I just bought a fat stack of DANA. It’s gonna be the DEX on the Cardano Blockchain. Hopefully this fucker moons when Danaswap comes out next year. 🤞🚀🤞🚀
$DANA being able to bring #DeFi to Cardano is making me look more into this platform.
been considering to jump into DANA myself
There is projects releasing and one is already out it’s Called Ardana or “DANA” It’s a lending and borrowing protocol I think u can now buy it on KuCoin and Gate.. also SundaeSwap should be rolling out in January, there are staking pools Atm live that u can stake and earn upcoming projects, One coin in particular is Call MELD official release is January 31 so the Dex should come before that also the ISO for Meld ends December 8th.. there’s definitely projects coming out..
I scrolled down 200 comments of nothing productive. (DANA money market launched, it's not live yet). Exchanges, stable-coins and browser based casino junk games are eating the markets. There was no chances. It's typical divide and conquer.
DANA and PBX let's go get it