$575-M Unlocks Threaten Altcoin Rally: Why You Should Monitor Cardano’s ADA, ...
Certain big names in the altcoin market are gearing up for an influx of tokens as a wave of token unlocks is approaching. According to data provided by Tokenomist, a notable number of major altcoin projects are set to experience a surge in circulating supply during the first week of December. Related Reading: Hold XRP […]
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The Sui Network, known for its fast-paced growth and community support, is on the verge of a notable event. On September 3rd, a massive amount of SUI tokens, worth roughly $18.7 million, will be unlocked. Given its nature and the significant sum involved, this move could have some implications for the altcoin’s market dynamics in the coming days. Related Reading: Altcoin Season In Limbo As Bitcoin Dominance Bounces Off Key Support A Rewarding Gesture For The Early Birds? The details surrounding this unlocking event have been transparently shared with the public. According to Token....
Cardano (ADA) is crucial following days of heightened volatility and excitement among crypto investors. While other altcoins have experienced significant pumps, Cardano has yet to see the same breakout, leaving analysts and traders searching for confirmation of a bullish trend. Despite the lack of a major move, optimism remains high for ADA as market watchers await a signal to ignite the rally. Related Reading: Strong Buy Signal For DogWifHat (WIF) – Key Indicator Hints At Rally To $4 Top analyst and investor Carl Runefelt recently shared a technical analysis suggesting that Cardano could....
Cardano may not be a top gainer in the crypto market but that does not mean that it has fallen behind. During the altcoin rally, the price of Cardano’s native coin ADA has gone from a low of $0.25 to a high of almost $0.4 before correcting back downwards. This positive trend has been preserved even through the crypto market dip and it seems that there is only one thing in the way of Cardano’s rise to a new yearly high. Falling Wedge Pattern Holds Back Cardano According to a crypto analyst on the TradingView website, the one thing that is holding back the Cardano price from mounting a....
As Cardano’s ecosystem of decentralized applications is gaining steam, its flagship Play-to-Earn product, Cardalonia, unlocks new passive income opportunities for its enthusiasts. Nowadays, gamers benefit from blockchain concepts such as NFTS to make games not only a source of entertainment but also a passive income stream. As metaverse games continue to explode, developers are constantly […]
In a sudden turn of events for what is usually expected to be a bullish month for the crypto industry, a series of token unlocks set to take place this month is now threatening this bullish momentum. With around $200 million in various altcoins expected to flood the open market, the current market rally may end up being short-lived. $200 Million In Crypto Being Unlocked Token tracking website Token Unlocks has revealed that around $200 million in various cryptocurrencies are being unlocked at various intervals through the course of this year. The tokens being unlocked range from SUI to....