This is either a tremendous buying opportunity, or the beginning of the end for Cardano. For my part, I'm accumulating, especially after today's dip/rebound. Just a small amount, but $1.60 ADA is too good to miss out on.
I don't know which of the smart contract cryptos will eventually win out. ADA isn't even my favorite of the bunch. And I get that there's been a lot of hate recently, but I don't think ADA is going to disappear anytime soon. Now that there aren't anymore "buy the rumor / sell the news" people hanging over ADA screaming "Bu-bu-but, smart contracts!", I think it's well-poised for another (but less bubbly) run back up.
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