Cardano
$2.30 2.21%
ADA · 206w

ICO dumps? Is it really a competitor for ETH?

So this coin came out of no where to the charts with no press really (which isn't a bad thing). But my fear is that the ICO holders will begin dumping through bittrex at 2 cents because they missed out on big gains from not holding their btc. (This is what I have been reading) Furthermore, the team is obviously there but does anyone here have any real further insight on this new coin? Could this proof of stake really cause some competition for ETH? Or is it all just talk..
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Congratulations to CH

Center aims to improve global access to mathematics, improve the power of computational proof-assistants, and increase collaboration among educators, researchers, learners.