Cardano

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…

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)…

Cardano has gotten a lot of bullish predictions lately, especially in relation to the much-anticipated Chang upgrade. The upgrade is one of the most important upgrades for the network in a while, and this has triggered a wave of optimism among supporters. Amid this, another bullish prediction has been presented by crypto analyst Alan Santana, who predicts a significant rally for the altcoin’s price that would send it to new all-time high prices. Where Cardano Is In This Cycle In…

On-chain data has provided insights into how Cardano (ADA) investors will likely react to the crypto token’s recent price surge. Cardano has been one of the leading gainers in the crypto market in the last seven days, with a price gain of over 14% during this period.  Cardano Could Face Significant Selling Pressure Cardano could face significant selling pressure from investors who recently entered the money following the crypto token’s price surge. Data from the on-chain analytics platform Santiment shows…

Crypto analyst @XForceGlobal shared a new video chart analysis focused on Cardano (ADA), a cryptocurrency that many are dismissing as a “dinosaur coin” at the moment. In the analysis, XForceGlobal (@XForceGlobal) provided an in-depth look at Cardano’s current position within the Elliott Wave cycle, suggesting that ADA is on the of entering a strong upward phase, commonly referred to as “Wave 3.” Cardano Price Could Soar To $2.88 The analyst compares the current price action of ADA to that of…

The excitement continues to build within the Cardano (ADA) community as the highly anticipated Chang hard fork gets ready to launch. Ahead of the upcoming upgrade, ADA, the native token of the Cardano ecosystem, has exploded by over 52% in this key metric.  Cardano Releases Date For Chang Upgrade Intersect, a member-based organization for the Cardano ecosystem, took to X (formerly Twitter) on August 20 to provide comprehensive details and updates on the Chang hard fork. The organization has unveiled key dates…

Since reaching $3 in August 2021, Cardano (ADA) has seen a sharp drop of over 90%. Despite the initial boost from the Alonzo upgrade, which introduced smart contracts, ADA has struggled to hold its value due to market downturns and persistent challenges. As ADA faces ongoing pressure, investors are reconsidering their positions and looking for new opportunities. In light of these developments, MoonTaurus (MNTR) is emerging as a promising alternative investment for 2024. Currently in its presale phase, MNTR offers…

The post Polygon (MATIC) and Cardano (ADA) Approaching the End of Consolidation: Will They Trigger a Strong Bull Run? appeared first on Coinpedia Fintech News The bulls are accumulating strength as the top cryptos like Bitcoin & Ethereum have raised over a certain range and are trying hard to sustain above the range. While ETH price juggles around a crucial range, other altcoins like Polygon (MATIC) & Cardano (ADA) are displaying acute strength. Therefore, with a sustained rise, the prices…

Cardano (ADA) has seen a strong rally over the past week, up nearly 15% amid a broader recovery in the cryptocurrency market. The price spike also comes on the heels of Wednesday’s announcement of the final launch date for the blockchain’s much-anticipated Chang hard fork upgrade. The Chang hard fork, described as a significant evolution for the Cardano network, is set to establish a minimum viable on-chain governance system as outlined in CIP-1694. This upgrade will be rolled out in…