I almost never use ADA, If indeed the product hasn't been launched yet, why is the project so HYIP? What causes investor confidence to be so high that the price of ADA is also high?
Not HYIP mate, but Hype, and it was triggered by the news that cardano will soon launch their smart contract within this year, so it's very natural for the price increase on cardano at this time because the hype can't be contained by anyone.