Logo
Cardano Ecosystem

Azcoinnews

09/08/2022

·

357 views


Cardano community remains optimistic about ADA price action

Cardano is seeing buying from whales or large holders as it currently ranks among the top 10 purchased assets in trading volume among the 2,000 biggest BSC whales. ADA’s price is currently up 2% at $0.468 in the last...

Cardano community remains optimistic about ADA price action

Cardano is seeing buying from whales or large holders as it currently ranks among the top 10 purchased assets in trading volume among the 2,000 biggest BSC whales. ADA’s price is currently up 2% at $0.468 in the last 24 hours.

JUST IN: $ADA @CardanoStiftung now on top 10 purchased tokens among 2000 biggest #BSC whales in the last 24hrs 🐳

Peep the top 100 whales here: https://t.co/gGAxYJttsD

(and hodl $BBW to see data for the top 2000!)#ADA #whalestats #babywhale #BBW pic.twitter.com/vyo1REgXBp

— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) September 8, 2022

Cardano: Large Investors Continue Buying, Here’s What Might Impact Price

The current buying by large investors is yet to translate into the massive price gains for ADA due to what Cardano founder Charles Hoskinson says is “macro factor dominance.” According to the Cardano creator, “Cardano has never been stronger and frankly, many other projects are also solid across the industry, yet you don’t see that reflected-just a sea of red. Macro factors always win out.”

When questioned about the poor performance of the native ADA currency, Cardano founder Charles Hoskinson said that cryptocurrencies had entered a bear market, and he conceded that no announcement would make a difference.

With about two weeks to go until the Vasil mainnet launch, the Cardano community remains optimistic about its price action, with several making predictions for ADA’s long-term price. Carolin Taling, a Cardano community member, and pool operator, wrote, “There are some short-sighted people out there that think ADA will never reach $10. Watch us, Cardano.”

#ReadyForVasil: In the last 24h the following exchanges reported their readiness for #Cardano‘s most ambitious update program to date:@BKEXGlobal@BitkubOfficial@BitMartExchange@litebiteu

Stay up to date with news on #Vasil via our dedicated page:https://t.co/zXgraBziMx

— Input Output (@InputOutputHK) September 8, 2022


Andrew Westberg, a Cardano pool operator, tweeted, “Feeling positive about the future of Cardano after meeting with the IOG engineers. Everything is moving in the right direction. top-notch team. Open to feedback. Ready for Vasil and beyond.” According to IOG, four more exchanges have indicated readiness for the Vasil upgrade.

Read more:

Follow us on Telegram

Follow us on Twitter

Follow us on Facebook

AD

World’s First Multi-Token ISPO — By Genius X - Starts on 12th of September, epoch 363!

Genius X, a revolutionary launchpad and business accelerator helping Web3 startups attain speed, scale, and edge, is thrilled to announce the world’s first Multi-Token ISPO.I WANT TO KNOW MORE!


Read Original Article on Azcoinnews

ORIGINAL SOURCE

https://azcoinnews.com/cardano-community...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from Azcoinnews

See more
USDA would be the first fully fiat-backed, regulatory-compliant stablecoin in Cardano ecosystem
Azcoinnews
USDA would be the first fully fiat-backed, regulatory-compliant stablecoin in Cardano ecosystem

11/21/2022

·

114 views

Related News

See more
WingRiders Governance Token

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)
Bringing Fixed Assets (CNFT & CNT) Lending & Borrowing to CardanoWorld’s First Multi-Token ISPO — By Genius X