Cardano

The on-chain analytics firm Santiment has revealed that Dogecoin and Cardano are two assets that look “very bullish” according to this metric. Dogecoin & Cardano Currently Have Low 30-Day MVRV Ratios In a new post on X, Santiment has discussed about how some of the top assets in the cryptocurrency sector are looking like right now in terms of the Market Value to Realized Value (MVRV) Ratio. The MVRV Ratio is a popular on-chain indicator that keeps track of the…

Cardano (ADA) extended losses and tested the $0.360 zone. ADA is now rising and might attempt to clear the $0.400 resistance zone. ADA price remained in a bearish zone and settled below $0.40. The price is trading below $0.400 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.3760 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close…

A memecoin inspired by Cardano founder Charles Hoskinson’s pet pig Nike has captured the community’s attention. Within just 12 hours of Hoskinson‘s post on X, NIKE’s market capitalization soared close to $1 million, underscoring the volatile and often unpredictable crypto market dynamics. Cardano Founder Sparks New Memecoin The genesis of the NIKE token was a simple, casual tweet by Hoskinson, featuring his pet pig, Nike. The tweet rapidly captured the imagination of the Cardano community, leading to the creation of…

The post Trader Reveals Timeline for Cardano (ADA) and this Hidden Ethereum Token to Hit $2, Less than 30 Days? appeared first on Coinpedia Fintech News A respected Cardano (ADA) trader predicts that ADA could reach $2 in 60 days, breaking critical resistance levels. Meanwhile, this other Ethereum token is also expected to touch $2 by the end of 2024.  Join us as we delve into the factors that could spur price growth for ADA and this other Ethereum-based crypto. …

The post Early Presale Opportunity Targets 100x Gains, Enticing Big Funds From Ethereum And Cardano Communities appeared first on Coinpedia Fintech News DTX Exchange (DTX) has rapidly emerged as a top contender among decentralized exchanges (DEXs). Amid uncertainty in the general market, investors are seeking emerging coins that offer guaranteed high returns.  Following remarkable performances in Stages 1 and 2 of DTX’s presale, analysts and investors believe that it could be the next 100x coin. Meanwhile, ETH and ADA holders…

Buckle up, crypto enthusiasts; this week has been a rollercoaster! Render's price took a nosedive, leaving some investors feeling rendered speechless. Also, Cardano seems stuck in neutral, neither accelerating nor decelerating. But fear not, because Raboo is rallying like a champion, with its price soaring through the roof. This article will analyse the market frenzy and each coin’s behavior and discuss the factors that influence it. Read on to find out more. Render’s price plunges According to Coin Market Cap,…

Polkadot and Cardano are prominent blockchain protocols with unique features designed to address problems faced by legacy blockchain systems. Both share a common goal and have distinct ways to achieve that goal. Polkadot offers users and projects infinite scalability and sustainability, supporting multiple smaller blockchains. On the other hand, Cardano prioritizes quick transactions and low fees. Polkadot vs. Cardano: An Ethereum Alternative? Polkadot is a protocol designed to connect multiple blockchains, enabling the transfer of data or value across previously…

Cardano’s treasury valued at almost $681.9 million is on the verge of being transferred to the community to finalize its decentralization process.  Growing treasury reserves have been linked to increasing network activities with the funds accumulated from transaction fees.  A top Cardano (ADA) analytics platform TapTools, has noted a strategic move which underscores Cardano’s relentless interest in decentralization and participative governance. As captured in a snapshot from TapTools, Cardano’s treasury which comprises ADA tokens, valued at almost $681.9 million is…

Cardano founder, Charles Hoskinson, has declared that ADA is set to undergo one of the biggest changes in history. The Cardano founder has announced the imminent launch of the highly anticipated Chang hard fork set to modify the blockchain. This significant development comes alongside the transformative changes set to take place in ETFSwap (ETFS) before its official launch this year.   ETFSwap (ETFS) Achieves Major Milestones In Development And Adoption  ETFSwap (ETFS) is a tokenized trading platform that enables users to…