Cardano-based Mobile Archives - Cryptolifedigital

Cardano Poised for Takeoff? Analyst Predicts Bullish Run and Price Surge

13Apr

By Kayode Oke MichaelNo Comments

Cardano

Cardano Poised for Takeoff? Analyst Predicts Bullish Run and Price Surge

Cardano (ADA) is attracting attention with whispers of a bull run brewing in the coming months. As the altcoin market rallies, Cardano is poised for a "supersonic recovery" in 2024, according to some analysts. This optimism stems from Cardano's impressive 280% surge in February 2021, showcasing its potential for significant gains. However, despite strong momentum and a potential climb above $1, a lingering question persists: "Is Cardano Dead?" Read Also: Shiba Inu on Sale: Investors Aim for Big Gains Despite Market Dip Cardano Price Prediction: April 2024 ADA's price recently dipped from a high of $0.68, forming a falling wedge pattern on the daily chart. However, a recent market rebound has positioned ADA for a potential breakout. A key turning point came when ADA's price b...

Cardano Price Prediction: Bullish Targets Up to $9.71 Envisioned by Cardano Ghost Fund Co-founder

8Apr

By CryptolifedigitalNo Comments

Cardano

Cardano Price Prediction: Bullish Targets Up to $9.71 Envisioned by Cardano Ghost Fund Co-founder

Cardano (ADA) enthusiasts have reason to cheer, with Chris, co-founder of Cardano Ghost Fund, outlining two potential price scenarios for ADA during the ongoing crypto bull run. These scenarios paint a rosy picture, with targets ranging from $7.77 to a more ambitious $9.71. Read Also: Terra Classic (LUNC) Price Prediction: Potential Surge After Bitcoin Halving? Playing it Safe: $7.71 Target Chris emphasizes that these predictions are for entertainment purposes only and shouldn't be taken as financial advice. His first scenario, considered conservative, hinges on the overall crypto market's direction. Currently, the global crypto market cap sits at $2.61 trillion, significantly below its November 2021 peak of $3 trillion. This discrepancy is largely due to altcoins lagging behind Bitc...

Cardano Price: Bearish Sentiment But Bullish Potential

5Apr

By CryptolifedigitalNo Comments

Cardano

Cardano Price: Bearish Sentiment But Bullish Potential

Cardano (ADA), along with most other cryptocurrencies, has felt the sting of Bitcoin's recent slump. ADA's price dropped over 12% in the last week and 3% in the last day, currently trading around $0.57. This has led to bearish market sentiment, reflected in declining weighted sentiment on Santiment. However, there's a glimmer of hope for ADA bulls. Cardano Dapp Analyst points out that historically, ADA took 90 days to follow Bitcoin's previous all-time high (ATH). With Bitcoin reaching a new ATH just days ago, a similar trend could see ADA initiate a bull run soon. Read Also: Pepe Coin Consolidates After Price Dip, Eyes Gains Before Bitcoin Halving On-chain metrics also offer some bullish signals. The MVRV ratio, currently at -23.6%, often precedes trend reversals. Additionally, t...

Vitalik Buterin Reveals Concerns about ETH Staking Protocol, Cardano’s Charles Hoskinson Expresses Amazement

3Jul

By OLAJIDE SAMUELNo Comments

Cardano

Vitalik Buterin Reveals Concerns about ETH Staking Protocol, Cardano’s Charles Hoskinson Expresses Amazement

In a recent episode of the Bankless Podcast, Vitalik Buterin, the lead creator of Ethereum, made a surprising revelation about his approach to staking his ETH holdings. Buterin disclosed that he only takes a small portion of his ETH, citing safety concerns with the Ethereum staking protocol. Buterin Express Half trust on ETH staking, Hoskinson reacts Since its inception in 2015 as a proof-of-work (PoW) network, Ethereum made the transition to a proof-of-stake (PoS) consensus mechanism in 2022. This shift allowed users to stake their native token, ether (ETH), to earn rewards. However, Buterin expressed reservations about fully trusting the ETH staking process due to certain safety issues, particularly the risk of wallet key exposure. Read Also: Shiba Inu (SHIB) Shows Neutral Sentiment...

Cardano-Based Mobile Partners With Immunify.Life To Bring Healthcare Services To Disconnected African Countries

8Oct

By CryptolifedigitalNo Comments

Cardano

Cardano-Based Mobile Partners With Immunify.Life To Bring Healthcare Services To Disconnected African Countries

While Cardano has become popular with research that to enhance the crypto sphere, the company has not limited its feather to the research alone but also spread its tentacle to the care for humanity just as gotten from the recent post saying Cardano-based mobile Partners With Immunify.Life. Cardano-based mobile internet connectivity initiative recently partnered with Immunify.Life to provides online-based health solutions to many people living in disconnected and underserved African countries. Read Also: Investors Re-shuffle Over 70 Million XRP Between Bitstamp Exchange And Different Unknown Wallets As It Soars Per the press release, Immunity.Life’s suite will extend the hands of healthcare to the African region via the partnership with Cardano-based mobile. The Benefits of the...