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Cardano
$ADA
should be categorized as a stablecoin.
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$ADA — We are waiting for the hard fork to be fully complete. Last week, the circulating supply was around 35.77 billion. Today, it stands at 35.87 billion, an increase of approximately 100 million due to staking rewards. Will the holders sell their rewards or hold onto them? No one knows. #BTC_Bounce_Back_to_57k #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments #SOFR_Spike
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$ADA — The untold story. Who wants ADA to be above $1? I think most of us who invested in ADA, including me, but the reality is different. Cardano was listed on Binance for spot trading in April 2018, after the 2017 bull run. ADA was created to compete with Ethereum on scalability. I remember Litecoin was promoting SegWit to boost its price to $500 and it was in the top 5 on CoinMarketCap. In 2021, the circulating supply of ADA was about 32 billion, less than the current supply of 3.7 billion in 2024. The chances of returning to $3 are decreasing even with a 100% successful hard fork. The untold story is politically driven among investors. Since the beginning of 2020, Charles Hoskinson has made great efforts. By the way, Charles didn't like the Trump administration because it started regulating crypto. When the Biden administration took office, public relations with investors pushed ADA's price to $3. Nowadays, the scene is changing. Charles has said he doesn't like the Biden administration because of crypto regulations and wants to support Kenedy Jr. in the election. However, the opposite is happening because the chances of Trump's return are higher, and he promised to boost crypto, but who knows. I don't know, how Charles can handle this, but it seems the issue about the incoming investors is being decreased due to political opinions. #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #MtGoxJulyRepayments #CPIAlert
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$ADA — #Cardano , you dropped from $0.42 to $0.32 faster than the speed of light. Now that you're showing bullish signs, are you ready to climb back to $0.42, or are these green candles deceptive? #US_Job_Market_Slowdown #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments
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$ETHFI — EthFi currently has a circulating supply of approximately 115.2 million out of a total 1 billion. There is news about an additional 25 million being released for Season 2, which will be confirmed officially soon. According to DeFi Llama, EthFi has a total locked value (TVL) of about $5.4 billion, indicating strong trust from investors. EthFi is a solid project, having been listed on Binance in March 2024 at around $3.80, rising to $8.00 before settling at a solid support level of $3.20. It dramatically broke through the $3.20 support to $1.80 when panic sellers drove BTC down to $53k and ETH to $2,8k. The team behind EthFi has extensive experience, and the upcoming news is expected to be bullish. The choice is yours! #ETH_ETFs_Approval_Predictions #US_Job_Market_Slowdown #VanEck_SOL_ETFS #MtGoxJulyRepayments #Ethereum
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$PEPE — Is it possible for Pepe to reach 50 cent? Honestly, no. With a circulating supply of approximately 420.7 trillion, the massive supply keeps the coin's price under a cent for years. It would require burning about a billion coins every month and the development team would need to make it usable for Web3 games, for example. Pepe's current market cap is around $3.6 billion, and to reach $0.50, it would need a market cap of approximately $209 trillion. #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions #US_Job_Market_Slowdown #meme_coin #pepe
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