I just remember reading a couple big break-downs that @dantheman did of Cardano back when it first launched, and he pretty thoroughly convinced me of the lacking tech.
Now, 3-4 years later ADA still doesn't have a working product, is still just living off the same hype that Dan picked apart, and is saying "smart contracts soon," while there are literally dozens of smart contract platforms that have spun up and been running in that time.
I feel pretty confident that, while it may have a hype-pump here soon, it is almost impossible that it doesn't crash back down to the $0.50 or lower level - unless they pull off a lot of magic. Currently COSMOS, DOT, SOL, MATIC, HIVE, NEO, ZIL, and SOOOO many others seem like working versions of what ADA wants to be, at a fraction of the market cap.
There is a lot of competition for sure, but I've ruled out a few on that list already.
Obviously not Hive!
It's amazing how far a bit of Hype can get you. I'm sure BTC and ETH bot benefit!