We might really be seeing a promising project like ADA which they claimed to be perfect when scaling since it's going to be a lot faster when more are joining the network.
I haven't checked ADA but I no longer have any faith. Shitcoins like ETH have also been claiming to be "perfect when scaling". They even went as far as starting a scam campaign called "flippening" where they claimed they will replace bitcoin since they are "better".
Experts have been warning people about these false advertisements for years and nobody listened. Now they learn it the hard way. I wonder how long before ETH network goes down again like 2017 and exchanges are forced to shut down its deposit and withdrawals again!
Everyone know what happened to Ethereum in 2018. It lost more than 95% of its value when the bubble burst. And this is what happens when a project without enough merit is overhyped. The same will happen once more, but I am not sure about the dates. It can occur in the next few months, or it can occur next year. Eventually the bubble is going to burst. ADA looks like a better coin for me. But the developers are very incompetent. When I made my first investment in this coin, I had a hard time in storing my coins. Because there was no option other than to install the full wallet (Daedalus).