Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ADA
Cardano Price Could Drop 10% Despite Whales’ 170 mln ADA Purchase
The post Cardano Price Could Drop 10% Despite Whales’ 170 mln ADA Purchase appeared first on Coinpedia Fintech News In this bearish market sentiment, the majority of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are experiencing significant selling pressure. Amid this market downturn, Cardano (ADA) also appears bearish and may face a substantial price decline despite the accumulation of millions of tokens by whales. Cardano Whales Added 170 Million ADA Tokens According to the on-chain analytic firm Santiment,…
9 months ago
Cardano Price Prediction: Is the Bullish Breakout Fading? Can ADA Still Reclaim $0.45?
The post Cardano Price Prediction: Is the Bullish Breakout Fading? Can ADA Still Reclaim $0.45? appeared first on Coinpedia Fintech News Cardano’s ADA hit a 10-month low of $0.279 this month, a tough drop for anyone holding since March. But here’s the silver lining: ADA has bounced back to around $0.37. Though it’s still down from four weeks ago, this recovery has sparked some renewed interest. Cardano’s upcoming Chang Hard Fork could be a game-changer. This upgrade aims to introduce…
9 months ago
Crypto Analyst Alert: Last Time to Buy XRP, ADA, and this Ethereum Token Before This Happens
The post Crypto Analyst Alert: Last Time to Buy XRP, ADA, and this Ethereum Token Before This Happens appeared first on Coinpedia Fintech News After generating massive weekly gains, top altcoins like Ripple (XRP) and Cardano (ADA) have performed variably. Still, a crypto analyst believes buying XRP, ADA, and RCO Finance (RCOF), an emerging Ethereum token, is a wise investment decision before the crypto market’s rally continues. Why does this analyst recommend investing in XRP, ADA, and RCO Finance’s Ethereum…
9 months ago
Cardano (ADA) Q2 Digest: Major Double-Digit Decrease Across Four Vital Metrics
According to a recent report by data intelligence firm Messari, Cardano and its native token, ADA, experienced a notable decline in the second quarter (Q2) of 2024, reflecting the broader downturn affecting the cryptocurrency market. Key performance indicators also showed significant decreases in various metrics. Price Plunge, Market Cap Dips To $14 Billion According to the report, ADA’s price plummeted 39.7% to $0.39, while its market capitalization fell by 39.4% quarter-over-quarter (QoQ) to $14 billion. Messari noted that this decline…
9 months ago
Crypto Analyst Says Cardano (ADA) Is Set For 1,000% Rally To $4.29, Here’s Why
Cardano (ADA) has been stuck in a challenging position for the past few years, struggling with stagnant price growth despite being one of the most popular altcoins in the space. A crypto analyst has offered insights into why Cardano has underperformed while also maintaining an optimistic outlook and predicting a 1,000% rally to new highs this cycle. Cardano On The Verge Of A 10X Rally Crypto analyst Max Maher recently released a YouTube video predicting that Cardano could witness a…
10 months ago
Experts Highlight Cardano (ADA) and MoonTaurus (MNTR) as Key Players in the 2024 Bull Run
As the 2024 bull run approaches, Cardano (ADA) is being highlighted for its strong potential. With its proof-of-stake mechanism and upcoming updates like the Chang hard fork, ADA is well-positioned for significant growth. Recent technical indicators and increasing buy volumes further suggest ADA could see substantial gains. In addition to Cardano, MoonTaurus (MNTR) is emerging as a key player. Currently in its presale phase, MNTR is priced at $0.01 and is anticipated to offer notable returns by Q4 2024.…
10 months ago
Cardano (ADA) Surges 14% as Charles Hoskinson Makes Announcement, but This Sleeper Token Is Quickly Gaining Ground
The post Cardano (ADA) Surges 14% as Charles Hoskinson Makes Announcement, but This Sleeper Token Is Quickly Gaining Ground appeared first on Coinpedia Fintech News As the crypto market rebounds, Charles Hoskinson co-led Cardano (ADA) has jumped 14%, attracting massive investor attention. These gains come after Charles Hoskinson announced the launch date for the much-awaited Chang hard fork. Meanwhile, RCO Finance (RCOF), an emerging Ethereum token, has stolen the show after securing over $1.51 million during its ongoing public pres-sale.…
10 months ago
Analyst Who Hasn’t Been Wrong Since 2021 Calls Cardano (ADA) a Crapshoot, Predicts 2000% Bull Move for Trending Dogecoin (DOGE) Rival
A crypto analyst with a track record of accurate predictions since the 2021 bull run has recently slammed Cardano, calling the altcoin a "crapshoot." The analyst views the once-favored asset as a high-risk gamble to steer clear of as investors prepare for a market rally in Q4 2024. The analyst has also identified an opportunity in a recently viral Dogecoin competitor, MoonTaurus (MNTR). According to this expert, the meme coin could see a 2000% surge in value, making it one…
10 months ago
Top Three Altcoins To Watch In 2024: Can ETFSwap (ETFS) Outshine Solana (SOL), Cardano (ADA), And Avalanche (AVAX)?
The post Top Three Altcoins To Watch In 2024: Can ETFSwap (ETFS) Outshine Solana (SOL), Cardano (ADA), And Avalanche (AVAX)? appeared first on Coinpedia Fintech News Novel ETF sensation, ETFSwap (ETFS) is making rounds in the crypto space with its ingenious tokenized ETF solution, and as such has emerged among the top three altcoins to watch in 2024. Consequently, major market makers and ecosystem volume analysts speculate as to whether it can outshine Solana and Avalanche (AVAX). Can ETFSwap (ETFS)…
10 months ago