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Cardano Mainnet recovered quickly after the flash crash, but analysts are focusing on another project with 200% returns.

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[Coin World] On November 21, the Cardano Mainnet suddenly experienced a brief split, causing the ADA price to fall. Fortunately, the technical team reacted quickly and resolved the issue within a few hours.

Interestingly, some people in the market have started to make a big deal out of this – analysts are comparing the stable performance of ADA, a mature Layer-1, with the aggressive strategies of the Remittix presale. The latter recently launched a Black Friday promotion, offering a direct 200% reward, and has announced plans to introduce a payment feature that connects cryptocurrency directly to bank accounts in December, along with preparations to launch on centralized exchanges.

On one side, there are established public chains occasionally causing small incidents, while on the other side, new projects paint a big picture with high returns. This comparison is indeed quite striking.

ADA-10.2%
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SandwichDetectorvip
· 6h ago
Wow, is ADA causing trouble again? But it's true that the response is quick, I have to acknowledge that. Remittix dares to boast about 200% too, the black Friday play people for suckers tricks are old and worn out. 200% return? Uh... let's see if we can survive until December to get listed on the exchange. Promises from new projects are just for listening, don't take them too seriously. Although ADA has caused trouble, at least it has a bottom line. Directly connecting to bank accounts? The technical costs must be astronomical, it's just surface-level work. There's no point in comparing, being stable and gambling are two different things. This wave of benchmarking feels a bit forced, after Remittix plays people for suckers once, they can come back for another round.
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MerkleMaidvip
· 6h ago
The reaction speed of ADA is indeed fast, but I still trust the stability of the established public chains, unlike some new projects whose 200% returns sound like playing people for suckers.
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GasOptimizervip
· 7h ago
200% rewards, how is this data calculated, what is the denominator?
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GasFeeCriervip
· 7h ago
This 200% rewards is indeed tempting, but I always feel like there's going to be a pitfall... ADA flash crash was fixed in a few hours, is this new thing Remittix reliable?
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