Cardano

The post Could Cardano (ADA) Price Fall 90%? Blockstream CEO Predicts Massive Plunge appeared first on Coinpedia Fintech News Adam Back, the Blockstream CEO and a prominent figure in the Bitcoin community, has made a bold and alarming prediction about Cardano (ADA). According to Back, ADA, the native token of the Cardano blockchain, could see its price plummet by as much as 90%. This forecast comes amidst a heated debate within the cryptocurrency space, particularly in light of recent comments…

In a video analysis delivered to his 368,000 YouTube subscribers, Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days. Gambardello emphasizes several key developments and technical setups within the Cardano ecosystem, particularly focusing on its recent transition to on-chain governance through the “Chang” hard fork. Why Cardano Is ‘Fundamentally Bullish’ The core of Gambardello’s analysis began with the implementation of the Chang hard fork, which he describes as…

The post Ripple (XRP) or Cardano (ADA), Which Crypto To Buy Today? appeared first on Coinpedia Fintech News Amid intensified bearish sentiment in the crypto market, Bitcoin price has repeatedly failed to hold its value above the $60,000 level. Following this, top altcoins have recorded a similar price action by breaking down their important support levels. With the present market sentiment, XRP and ADA cryptocurrencies have gained significant attention. Following this, question like “XRP or ADA, Which will hit $1…

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,…

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…

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…

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…

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.…

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.…