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Tag: Cardano

  • ADA price forecast: Cardano proposes a 70 million budget for key upgrades

    ADA price forecast: Cardano proposes a 70 million budget for key upgrades

    ADA price action

    • Core organizations have submitted a 70 million ADA tokens budget proposal.
    • The goal is to fund key ecosystem integrations ahead of 2026
    • ADA remains poised for remarkable breakouts despite short-term bearishness.

    Cardano’s major organization has proposed a new budget, calling for 70 million ADA tokens in Treasury funding to supercharge delayed ecosystem upgrades and integration.

    Announced yesterday, November 27, the proposal outlines a strategic plan to introduce innovative infrastructure needed for institutional access, cross-chain connectivity, and stablecoins.

    Named the Cardano Critical Integrations Budget, the plan received endorsement from key ecosystem organizations, including the Cardano Foundations, EMURGO, Input Output, the Midnight Foundation, and Intersect.

    That reflects a unified approach to equip the ADA network with what it needs to thrive in the coming times.

    The official blog highlighted:

    Cardano needs a set of core infrastructure layers to unlock stablecoins, attract deeper liquidity, support institutional participation, and expand the possibilities for DeFi, RWAs, and DePIN. These integrations cannot be delivered in isolation. They require a shared, ecosystem-wide commitment that brings the right partners to Cardano in a structured and accountable way.

    Trader attention remains on the ADA price amidst these developments. Are the coordinated efforts the catalyst that propels this altcoin to its predicted peaks?

    Why is this budget crucial?

    Cardano’s team is among the most active in the blockchain sector. Meanwhile, the project’s next growth phase now relies on mission or partially developed components.

    They include functionalities like enterprise-level custody and wallets, pricing oracles, advanced stablecoin infrastructure, and cross-chain bridges.

    The Cardano blockchain has struggled to unlock crucial utility without these elements.

    For instance, stablecoins are essential for DeFi liquidity and day-to-day on-chain transactions.

    Cross-chain support allows users to move tokens across the platform easily.

    Moreover, institutional-grade analytics and custody are crucial for risk management and compliant offerings.

    Indeed, Cardano’s long-term potential requires coordinated efforts to unleash.

    Therefore, core organizations have been negotiating with top-notch integration partners recently, and their conversations have reached a mature phase, inviting the community to participate in the next steps.

    ADA price outlook

    Cardano is trading at $0.4311 after gaining more than 6% the last seven days.

    The token remained relatively muted the past day, losing a mere 0.08% of its value.

    Meanwhile, the 20% slump in 24-hour trading volume signals prevailing selling pressure.

    Robust developer activity, especially with the 70 million ADA budget approved, and broad-based recoveries could trigger massive breakouts for ADA.

    However, buyers should overcome key resistance at $0.45 and $0.70 and reclaim the psychological level at $1 to shift Cardano’s short-term outlook to bullish.

    Surpassing $1.50 would confirm solid reversals and clear the path for higher targets.

    ADA can skyrocket to $2 and extend toward $2.20. That would mean a more than 400% rally from the current market price.

    On the other hand, continued selling pressure could trigger a roughly 40% decline to the support barrier at $0.25.

    A breakdown here would erase all bullish momentum and drag ADA prices to the historical foothold at around $0.18.

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  • Cardano (ADA) eyes $0.89 breakout as Bitcoin steals the spotlight

    Cardano (ADA) eyes $0.89 breakout as Bitcoin steals the spotlight

    Cardano (ADA) eyes $0.89 breakout

    • Whales have accumulated 70M ADA as retail traders stay cautious.
    • Cardano (ADA) faces key breakout resistance near the $0.89 level.
    • Bitcoin’s dominance limits altcoin momentum and ADA’s recovery.

    Cardano’s price has been caught in a tug-of-war as the broader crypto market rallies behind Bitcoin’s surge to record highs.

    While Cardano (ADA) remains more than 70% below its all-time peak, signs of accumulation by large holders suggest that the token could be preparing for a decisive move, with $0.89 emerging as the key breakout level.

    However, retail hesitation and shifting market sentiment continue to weigh on its momentum, leaving traders watching closely for confirmation of the next trend.

    Bitcoin dominance leaves Cardano lagging

    Bitcoin’s climb to $125,000 has reshaped the market landscape, pulling liquidity from altcoins into BTC and exchange-traded funds.

    The Bitcoin Dominance Index has risen to 58.3%, reflecting a clear rotation of capital that has left many altcoins struggling to keep up.

    Bitcoin Dominance
    Source: CoinMarketCap

    Cardano has not been spared, underperforming the wider market and slipping by 0.5% over the past 24 hours to trade at $0.854.

    Cardano’s trading volumes have fallen by 13% to $1.13 billion, signalling a dip in immediate demand even as technical patterns show a buildup of pressure beneath the surface.

    Whales accumulating ADA as retail hesitates

    Beneath the quiet price action, large Cardano holders have been steadily adding to their positions.

    Wallets holding between 10 million and 1 billion ADA have collectively absorbed an additional 70 million tokens in recent days, worth close to $59 million at current prices.

    Cardano (ADA) whale accumulation
    Source: Santiment

    The Chaikin Money Flow (CMF), a measure of capital inflows, has turned positive at 0.12, reinforcing the view that larger players are preparing for a potential upside move.

    However, the enthusiasm of retail traders has not matched this activity.

    The Money Flow Index has been trending lower, pointing to weaker conviction among smaller investors.

    This divergence between whale accumulation and retail caution has kept ADA coiled inside a symmetrical triangle, delaying a sharper breakout even as broader conditions tilt in favour of accumulation.

    ADA price analysis

    From a technical standpoint, ADA faces layered resistance that could determine whether the token manages to escape its consolidation range.

    The immediate barrier lies at $0.855, where the 50-day simple moving average converges with the 50% Fibonacci retracement level.

    A stronger resistance zone sits between $0.86 and $0.89, the latter acting as the critical breakout level that traders are monitoring.

    A daily close above $0.89 would confirm bullish momentum and open a path toward $0.93 and $0.95.

    On the other hand, Cardano’s price has tested $0.832, a zone tied to the 61.8% Fibonacci retracement, which now serves as a short-term floor.

    A deeper dip below $0.78 would invalidate the bullish setup and confirm a bearish turn, leaving the triangle structure broken.

    But until then, ADA remains in a delicate balance between buyer accumulation and market hesitation.

    Cardano price outlook sparks optimism

    Despite its struggles, some analysts believe Cardano is primed for a resurgence reminiscent of past breakout runs seen in other major assets.

    Market analyst Timofei argues that ADA mirrors the conditions that allowed XRP to surge in 2024 and Solana to rebound dramatically in 2023.

    Notably, XRP posted a 239% rally last year, while Solana’s comeback from the depths of the FTX collapse saw a 919% increase.

    Timofei notes that ADA has been consolidating inside an expanding symmetrical triangle since early 2023.

    The analyst notes that after a rejection near $1.32 in December, Cardano (ADA) has moved closer to the midpoint of the structure.

    Timofei expects a retest of the lower trendline, which could mark the final bottom before a significant rebound.

    His analysis points to a potential breakout that could send ADA back toward the $3 region, a 254% gain from current prices.

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  • Cardano price prediction as retail sentiment flips bearish

    Cardano price prediction as retail sentiment flips bearish

    Cardano Price

    • Cardano price hovers near key support as optimistic crowd flips bearish.
    • Sentiment is at its lowest in five months, but ADA price is holding up.
    • The downswing could allow whales to come in and catalyse fresh gains.

    Cardano (ADA) price has failed to break above the notable resistance level around $0.84 as analysts point to a shift in retail trader sentiment.

    After surging alongside top altcoins to highs of $1.23 in December 2024, Cardano has found it hard to regain momentum, with short retail sentiment allowing bears to push ADA below $1 and to the $0.80 support level.

    But what does a shift in sentiment mean for Cardano price?

    ADA dips to key support amid retail sentiment slip

    Cardano remains among the top 10 coins by market cap, but is currently down more than 6% in the past week amid a significant change in retail trader sentiment.

    ADA enjoyed a bullish commentary ratio in August as the price rose to above $1, with this coming on the back of a sharp pullback earlier in the month.

    Per analysts at on-chain metrics platform Santiment, the retail outlook has again swung bearish, with a bullish-to-bearish commentary ratio of 1.5:1, the most negative the crowd sentiment has been in five months.

    Santiment’s data, which highlights social media activity and comments, suggests gains follow such dips in retail sentiment.

    Notably, this bearish sentiment has been a catalyst for a 5% price rebound thus far, with ADA price eying a fresh breakout.

    “Cardano has quietly seen its normally optimistic crowd start to turn bearish. After the lowest sentiment recorded in 5 months, $ADA’s price is +5%. Patient holders and dip buyers during this three-week downswing should root for this trend of bearish retailers to continue,” Santiment posted on X.

    Bulls are thus trying to keep the $0.80 support level intact.

    Cardano retail sentiment swings bearish: Source: Santiment on X

    Cardano price prediction

    The flip in retail sentiment has sparked optimism among analysts regarding Cardano’s price trajectory.

    According to Santiment, hodlers and dip buyers may want to position further ahead of a potential price rally.

    Historically, bearish retail sentiment has offered an ideal accumulation phase for whales, in this case, the outlook that could potentially drive ADA’s price upward.

    “Prices typically move the opposite direction of the crowd’s expectations. When small traders sell off their bags out of impatience and frustration, it is generally the key stakeholders who accumulate and drive up prices again,” the analysts noted.

    However, while short-term volatility is expected, Cardano may yet experience an extended pullback.

    Broader market conditions and whale activity will provide signals, while traders may have to look at the technical picture.

    As the market is largely weak amid September woes, ADA price could revisit support around $0.69 and $0.54.

    On the upside, a breakout above $0.84 will allow buyers to aim for the psychological $1 level and $1.24. The all-time high is at $3.10.

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  • Polkadot (DOT) gains 43%; Cardano (ADA) and InQubeta (QUBE) look promising

    Polkadot (DOT) gains 43%; Cardano (ADA) and InQubeta (QUBE) look promising

    Some are calling Polkadot (DOT) the best cryptocurrency to invest in right now after 43% gains last month. The project’s developers recently revealed plans to work with the Cardano (ADA) project to build a partner chain using Substrate, Polkadot’s SDK base.

    ADA has also enjoyed substantial growth lately with prices increasing by 55%. 

    Meanwhile, InQubeta (QUBE) is also being touted as the best cryptocurrency ICO to invest in as its presale sells over $7.1 million worth of tokens. The presale still has four more stages to go, yet early investors have already made 175% returns. 

    InQubeta (QUBE) creates an alternative way to invest in AI

    Going by the success of its presale so far, InQubeta has positioned itself as one of the best DeFi projects launched this year. Its success can be attributed to the fact that it looks to create an alternative way to invest in artificial intelligence (AI) giving investors who do not meet the income requirements of many traditional investment mediums an alternative way to partner with AI firms and earn profits as they grow. 

    InQubeta’s position as the first cryptocurrency decentralized finance project to focus on making AI investment more accessible positions it to enjoy exponential growth as over $1.5 trillion pours into the AI industry in the next several years. 

    Investing in AI today is like investing in companies like Netflix and Amazon during the early days of the internet revolution. Those who had the foresight to predict the tremendous impact these companies would have and invested appropriately have earned exponential returns. 

    The AI revolution is on course to reshape the world and it will create opportunities for investors to earn considerable returns. Investing in AI also provides some security against the uncertainties the technology will bring. You might end up losing your job to AI, but you won’t care because you’ve made life-changing profits by investing in AI. 

    How decentralized investing works on the InQubeta network

    InQubeta’s blockchain is deployed on the Ethereum (ETH) network, giving it the same security, transparency, and functionality. This allows for the creation of an investment ecosystem that swaps stocks with ERC20 coins. 

    These non-fungible tokens (NFTs) are made by startups looking to secure capital and are sold on the ecosystem’s marketplace. Investors can learn about the different items on the ERC20 token list on the marketplace and QUBE is used for all purchases. 

    Investors can hold on to their tokens as their value increases or they can resell them on the NFT marketplace at any time. 

    Polkadot (DOT) expected to enjoy considerable growth in 2024

    DOT prices have risen 29% in the past month, but it hasn’t enjoyed as much growth as many projects have since BTC went on its bull run. However, Polkadot’s utility positions the project for substantial growth in 2024 and beyond. 

    The project hosts a multichain-sharded protocol that connects specialized blockchains and allows for the transfer of data and assets. Its protocol was designed to help facilitate the foundation for a decentralized internet of blockchains. 

    Cardano (ADA) up 120% in 2023

    ADA price has struggled for most of 2023, hovering around the $0.25 mark, but prices have surged considerably in the past three months. The Cardano project is once again getting lots of attention from investors and that could push prices towards highs set in 2021. It wouldn’t be surprising if ADA prices surge as much as 4x in 2024.

    Conclusion

    QUBE, ADA, and DOT are among the top altcoins to buy as 2024 draws near. InQubeta leads the trio as far as their growth potential is concerned with some projections expecting 100x gains in 2024.

    For more about InQubeta and its ongoing presale, visit the InQubeta Presale website or join the InQubeta communities.

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  • Trillion dollar coin could be good news for Bitcoin, Cardano, Solana

    Trillion dollar coin could be good news for Bitcoin, Cardano, Solana

    • The US government could be forced to print a $1 trillion coin soon.

    • Democrats and Republicans are yet to reach an agreement on a debt ceiling.

    • Analysts expect that the two sides will ultimately reach an agreement.

    The US government is at a crossroads as divisions in Congress put the country at an elevated risk of a default. In a recent statement, Janet Yellen, the Treasury Secretary warned that the American government could default in June if Democrats and Republicans fail to reach a deal. This is one of the top reasons why gold price has now soared to an all-time high.

    The trillion-dollar coin

    It is still unclear whether the US will default on its obligations if Congress fails to raise the debt ceiling. I believe that the situation will not get to that point because of its impact to the American economy. 

    Analysts believe that a default will lead to higher unemployment and possibly the collapse of the economy as we know it. 

    Therefore, the two sides will likely reach an agreement in the coming days. Signs of potential compromises will happen when Biden will meet Kevin McCarthy on Monday.

    There are several options if the two sides fail to raise the debt limit. A likely solution will be to print a trillion dollar coin. The concept of that coin was mooted in 2011 when the US faced another debt ceiling issue. 

    It would allow the Mint to come up with one platinum coin valued at $1 trillion. These funds would then be distributed to the Federal Reserve, which would then deposit it to the National Treasury. By doing that, the Treasury would then elimiate part of the national debt and postpone the need for raising the debt ceiling. A professor at Willamette University said:

    “At this point, if any of the other solutions, the so-called more serious solutions would work, then they would’ve been used by now. But they keep not actually being strong enough. The coin’s the only one that’s strong enough.”

    Bullish for Bitcoin, Solana, Cardano

    Such a move would be positive for Bitcoin, which is seen as a digital version of gold. Unlike fiat currencies, Bitcoin cannot be printed because its supply of 21 million coins cannot be adjusted. If Bitcoin rises, we could now see altcoins like Solana, Cardano, and Tron rise because of the close correlation that exists.

    The reality is that the American government is at risk of major changes going forward. For one, the total public debt has been in a strong upward trend in the past few years. It has jumped from just $320 million in 1970 to over $31.4 trillion today. 

    And the situation will continue worsening because of the large budget deficits. By 2030, analysts expect that debt will rise to over $44 billion. The CBO believes that the budget deficit will hit 5.9% of GDP by 2040.

    How to buy Bitcoin

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  • Crypto price predictions: Bitcoin, Cardano, Binance Coin

    Crypto price predictions: Bitcoin, Cardano, Binance Coin

    Crypto prices remained in a consolidation phase this week as concerns about FTX contagion continued. They also reacted to the latest interest rate decision by the Federal Reserve and the arrest of Sam Bankman-Fried. Here are some of the top crypto price predictions for the weekend.

    Bitcoin price prediction

    Bitcoin pulled back sharply after the latest interest rate decision by the Federal Reserve. This decline correlated with the performance of American indices like the Dow Jones and the Nasdaq 100 indices. 

    Bitcoin price dropped to a low of $16,923, which was the lowest level since December 12. It also declined below the important level at $17,395, which was the neckline of the inverted head and shoulders pattern.

    It has also pulled back below the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has moved below the neutral level of 50. Therefore, Bitcoin price will likely continue falling as contagion fears continue. 

    If this happens, the next key level to watch will be at $16,000. In the near term, however, a bullish breakout to $18,000 cannot be ruled out as the shakeup eases.

    BTC/USD chart by TradingView

    How to buy Bitcoin

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


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    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy BTC with Bitstamp today

    Binance Coin price prediction

    Binance Coin price has been in a strong bearish trend in the past few days. It collapsed to the lowest level since November this year. This decline accelerated this week as Bitcoin FUD trended in Twitter and other social media platforms like Reddit. FUD stands for Fear, Uncertainty, and Doubt.

    Concerns about Binance continued after the arrest of Sam Bankman-Fried, which we wrote about in this article. Investors are worried about the significant information that we still don’t know about Binance. For one, it is unclear how much money Binance makes and how much debt it has.

    Therefore, like Bitcoin, the BNB price will likely continue falling as sellers target the psychological level of $200.

    BNB/USD chart by TradingView

    How to buy BNB

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


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    Binance

    Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

    Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


    Buy BNB with Binance today

    Cardano price prediction

    Cardano price plunged on Friday as concerns about the hawkish Fed continued. It has also fallen because of the underperformance of its DeFi and NFT ecosystem. NFT volume crashed to just $8 million in November, its lowest level in months. 

    On the daily chart, Cardano remains below all moving averages. It also crashed below the important support level at $0.300, the lowest level on December 13. The Relative Strength Index has moved to the oversold level. Cardano price will likely continue falling as sellers target the next key support at $0.2500. 

    ADA/USD chart by TradingView

    How to buy Cardano

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy ADA with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy ADA with Bitstamp today

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  • crypto price today: Crypto Price Today: Bitcoin holds $20K; Shiba Inu & Cardano tank up to 5%

    crypto price today: Crypto Price Today: Bitcoin holds $20K; Shiba Inu & Cardano tank up to 5%

    New Delhi: Major crypto tokens slipped on Friday on some profit booking after a strong rally in the last few days.
    Bitcoin was above the $20,000 level, whereas Ethereum managed to hold $1,500. The US economy rose 2.6% in the third quarter, higher than expected growth of 2%.

    Barring the Uniswap and the US dollar-pegged Tether, all othe
    r top crypto tokens were trading lower. Cardano and Shiba Inu plunged 5% each, followed by Ethereum and Polygon, which shed 3% each.

    The global cryptocurrency market cap breached below the $1 trillion mark to $980.18 billion, after dropping more than 2% in the last 24 hours. However, the total trading volume tanked as much as 13% to $89.23 billion.

    What’s cooking in India

    Crypto staking platform UniFarm has entered into a strategic alliance with Bengaluru-based ONMETA. The partnership is aimed at empowering Indian users with Indian currency-based purchase of tokens for staking to earn passive income.

    Expert take

    Edul Patel, CEO and co-founder of Mudrex, said Shiba Inu coin has reached a significant milestone in terms of the percentage of long-term holders. Currently, it jumped to the highest value of 38%.

    “Long-term SHIB holders have grown far more since the beginning of 2022, from barely 1% to over 38% of holders,” he said. “The percentage of short-term holders remains relatively steady and midterm speculators continue to decline,” he added.

    Global Updates

    Hong Kong plans to legalize retail trading of cryptos as it looks to become a crypto hub, according to a Bloomberg report. Crypto platforms will be required to apply for a license to offer retail trading.

    Tech giant Google will be launching a cloud-based node engine for Ethereum projects. The company said its Google Cloud Blockchain Node Engine means that it will be responsible for monitoring node activity and restarting them during outages.

    Nearly 12% of all BEP-20 tokens, the standard token on the BNB chain, are tied to scams, according to recently released research from crypto risk monitoring firm Solidus Labs.

    Tech view by BuyUcoin cryptocurrency exchange

    DOGE surged 35% on Twitter deal. The most popular meme coin, DOGE, has witnessed a mega rally since Monday as Elon Musk’s Twitter deal neared finalization. Elon Musk has been a staunch supporter of DOGE and his tweets often move the prices of meme coins in a significant way.

    The jump in DOGE prices is mainly linked to the positive news circulation but lacks fundamental backing so investors should buy the coin as per their risk appetite with a long-term perspective. DOGE was originally designed as a payment mechanism and its growth will depend on real-world use cases, the experts suggested.

    (Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the asset/s mentioned.)

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  • Shiba Inu vs Cardano: Which Cryptocurrency will Reach US$1 Before 2023 Ends?

    Shiba Inu vs Cardano: Which Cryptocurrency will Reach US$1 Before 2023 Ends?

    Cardano and Shiba Inu are among the hottest crypto networks in the Cryptoverse. In Shiba Inu vs Cardano, which is the best crypto to buy before 2023?

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  • Shiba Inu (SHIB) and Cardano (ADA) Staring at Bottomless Pit After Snowfall Protocol (SNW) Debut? – CryptoMode

    Shiba Inu (SHIB) and Cardano (ADA) Staring at Bottomless Pit After Snowfall Protocol (SNW) Debut? – CryptoMode

    The crypto market is rife with speculations. That’s true. However, coincidences are a rare thing. Every rumor and every development triggers frantic buying and selling of assets. So, when one token loses and the other gains, there’s a good chance that the behaviors are closely related. Such conjectures get validated with more evidence of tangled behavior. Consider the case of Snowfall Protocol (SNW), Shiba Inu (SHIB), and Cardano (ADA). Snowfall Protocol (SNW) has consistently claimed new highs with each passing week since its launch. And coinciding with this launch, Shiba Inu (SHIB) and Cardano (ADA) appear to be seeking a bottomless pit.

    >>BUY TOKENS<<

    Shiba Inu’s Unstoppable Slump

    On a micro level, things are going great for Shiba Inu. Shiba Inu’s card game, Shiba Eternity hit a new milestone in customer rating as it reached 5 stars from its previous 4.9 stars. Additionally, Shiba Inu will soon be accepted by Google Cloud as payment for its cloud services. None of these developments have managed to turn what increasingly looks like a nosedive in Shiba Inu’s price. Why?

    Also Read: BlueZilla Launches LUNCHBOX – Decentralized Prediction Platform for $LUNC Burning

    The answer to this question can be found in a newcomer to the De-Fi industry, Snowfall Protocol (SNW). Snowfall Protocol (SNW) is a cross-chain bridge that connects several cryptos, NFT platforms, NFT marketplaces, and other blockchains. Unlike other cross-chain bridges in the market, Snowfall Protocol (SNW) is connecting new cryptos and NFT platforms to its bridge at an accelerated pace. This does not bode well for Shiba Inu, which is a meme coin, and a copycat of Dogecoin, another meme coin. Users and developers can quickly drop Shiba Inu in favor of dozens of other copycats that offer precisely the same features as Shiba Inu and more – faster transactions, lower fees, more security, and so on.

    Snowfall Protocol’s (SNW) arrival has triggered a migration of users from Shiba Inu, and no good news appears to stop it.

    Cardano’s (ADA) Burgeoning Weakness

    Cardano (ADA) has attracted thousands of developers to its platform in recent weeks. However, the claims by Cardano’s founders regarding its adoption remain questionable. A few months ago, Cardano had a total value locked (TVL) of a mere $63, which is abysmal for a $12 billion market cap cryptocurrency. That proves that most of Cardano’s users are small-time retail investors. Cardano has received no love from institutions and developers.

    Unlike larger coins like Ethereum, Cardano does not have a sizeable thriving ecosystem of developers. On the other hand, it does not offer hard-to-replace utility to any niche groups on Metaverse. So, Cardano is neither here nor there. Against this background came Snowfall Protocol (SNW). Snowfall Protocol (SNW) makes it possible for users to buy NFTs on Cardano and use them on Decentraland or Sandbox, or any of the numbers NFT-supporting platforms really.

    WithSnowfall Protocol (SNW), users can buy cryptos or NFTs on one platform and hold or use them on another. So, why should developers or users stick to any one platform? NFT developers can benefit greatly from moving to a platform that costs them the least in transaction fees and development. Or, they can move to platforms where their users actually use their NFTs – any of the game-Fi platforms.

    Snowfall Protocol (SNW) is challenging the dominance of cryptos like Cardano by making even the latter’s smallest competitors their biggest challenges.

    Website: https://snowfallprotocol.io

    Telegram: https://t.me/snowfallcoin

    Presale: https://presale.snowfallprotocol.io

    Twitter: https://twitter.com/snowfallcoin

    Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

    CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio.
    Contact us if you have any questions: [email protected]
    None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.



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  • Cardano, Shiba Inu, and Snowfall Protocol Are About To Skyrocket In Value – They’re Trending Now!

    Cardano, Shiba Inu, and Snowfall Protocol Are About To Skyrocket In Value – They’re Trending Now!

    Cardano (ADA), Shiba Inu (SHIB), and Snowfall Protocol (SNW) are about to experience a huge surge in value, according to recent reports. The three cryptocurrencies have been trending upward in recent weeks, and there is no indication that this trend will reverse any time soon. If you’re thinking of investing in any of these coins, now might be the time to do so!

     >>BUY TOKENS<<

    In this crypto trends market report, we will be discussing:

    • Cardano (ADA), is a leading smart contract platform that is scalable, decentralized, and environmentally friendly.
    • Shiba Inu (SHIB), is a meme-based cryptocurrency that has seen explosive growth in recent months.
    • Snowfall Protocol (SNW), which is a new protocol that promises to make blockchains more interoperable

    Cardano (ADA) Is Trending To The Top – Invest Now?

    Cardano (ADA) has been one of the top-performing cryptocurrencies in recent months, and it is showing no signs of slowing down. Cardano (ADA) has a strong focus in the regions of Africa and Asia, which is where most of the world’s population resides.

    Cardano (ADA) is also working on bringing blockchain technology to the people who need it the most. Cardano (ADA) is a great investment for those who believe in the power of blockchain technology and its ability to change the world.

    Shiba Inu (SHIB) Is On The Rise – Should You Invest?

    Shiba Inu (SHIB) is a meme-based cryptocurrency that has seen explosive growth in recent months.

    Shiba Inu (SHIB) is a great investment for those who are looking for high-risk, high-reward investments. Shiba Inu (SHIB) has the potential to 100x in value in the coming months, making it a very attractive investment opportunity.

    Shiba Inu (SHIB) may not have the same use cases as the other cryptocurrencies in this article, but people love investing in this funny coin. If you want to allocate a small portion of your portfolio to this, feel free to do so but just be careful not to over-invest as it can be volatile.

    Snowfall Protocol (SNW) Is Bridging At Its Best – Invest Now?

    Snowfall Protocol (SNW) is still in its early stages, but it has already increased by more than 80%. Soon, it will increase by another 5000% because of its unique bridging model. It’s enviable that this token will be a 1000x investment. However, you should invest now while the price is still $0.009. Check out the links below to learn more about this opportunity.

    The problem Snowfall Protocol (SNW) is solving is major. It’s like an iPhone user could only use apps from the Apple store and an Android user could only use apps from the Google Play store. That’s not very interoperable, right? Snowfall Protocol (SNW) is going to change that by creating a protocol that will allow different blockchains to interact with each other.

    This is HUGE because it will increase the adoption of blockchain technology by leaps and bounds. So, make sure to invest in Snowfall Protocol (SNW) while the price is still low!

    For more information about Snowfallprotocol.io’s (SNW) Pre-sale

    Website: https://snowfallprotocol.io
    Telegram: https://t.me/snowfallcoin
    Presale: https://presale.snowfallprotocol.io
    Twitter: https://twitter.com/snowfall coin

    Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.



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