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 Can Cardano whales stop ADA price from falling 20

Can Cardano whales stop ADA price from falling 20


Published: 2023-08-08


1. Decrease in Cardano (ADA) Price Analysis: The article highlights the decline in the price of Cardano (ADA),one of the leading cryptocurrencies. The price of ADA has seen a significant drop of around 20%. This decrease raises concerns among investors and observers,as it indicates a potential bearish trend in the market. The article provides an analysis of this price decline and its impact on Cardano's position in the cryptocurrency market.

2. Role of Whales in Cardano's Price: The article discusses the role of "whales" in the Cardano market. Whales are individuals or entities that hold a substantial amount of cryptocurrency,allowing them to potentially influence the market by buying or selling large volumes of ADA. The article explores the impact of whale activity on Cardano's price and how their actions may have triggered the recent decline in ADA. It delves into the possible motivations and strategies of these whales and how their actions can affect other market participants.

3. Implications for Cardano's Future: The article speculates on the implications of the decline in Cardano's price for the long-term future of the cryptocurrency. It raises questions about the sustainability of Cardano's growth and its ability to withstand market volatility. The article examines various factors that may have contributed to the price drop,such as market sentiment,investor sentiment,and external market conditions. It also discusses potential scenarios for Cardano's recovery and provides insights into what investors and users of ADA can expect in the coming weeks and months. In conclusion,this article delves into the recent price decline of Cardano (ADA) and the role of whales in the market,providing an analysis of the possible implications for Cardano's future.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,060.80 1,627,563,178.60
2 BTC title=BTC 63,233.81 1,314,459,780.94
3 ETH title=ETH 3,246.03 1,004,090,159.10
4 SOL title=SOL 140.50 529,799,086.37
5 PEPE title=PEPE <0.01 269,160,403.95
6 NEAR title=NEAR 7.22 172,416,985.40
7 WIF title=WIF 2.72 159,929,206.25
8 GLM title=GLM 0.50 135,489,028.15
9 DOGE title=DOGE 0.15 131,874,127.21
10 ENA title=ENA 0.82 121,460,384.08
11 BONK title=BONK <0.01 119,932,058.81
12 BOME title=BOME 0.01 102,438,227.01
13 XRP title=XRP 0.52 102,067,335.92
14 COS title=COS 0.02 88,929,720.33
15 RUNE title=RUNE 5.12 80,908,157.32
16 WLD title=WLD 4.84 65,998,815.88
17 OP title=OP 2.57 64,989,187.97
18 AVAX title=AVAX 34.22 62,090,313.24
19 LTC title=LTC 83.70 59,298,791.50
20 FLOKI title=FLOKI <0.01 46,019,868.46
21 HBAR title=HBAR 0.11 45,640,539.48
22 MATIC title=MATIC 0.73 45,361,405.72
23 ADA title=ADA 0.46 43,901,428.82
24 FTM title=FTM 0.71 42,439,779.74
25 LEVER title=LEVER <0.01 41,858,870.50
26 TRX title=TRX 0.12 41,071,907.89
27 LINK title=LINK 14.17 40,708,972.21

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Golem title=GLM 0.50 +30.94
2 Orion title=ORN 1.76 +12.38
3 IQ title=IQ 0.01 +11.42
4 Optimism title=OP 2.57 +10.45
5 Cartesi title=CTSI 0.21 +8.71
6 SSV Network title=SSV 48.81 +8.61
7 Ethereum Name Service title=ENS 15.74 +8.33
8 MANTRA title=OM 0.75 +8.26
9 Ankr Network title=ANKR 0.05 +7.87
10 Starknet title=STRK 1.24 +7.55
11 Highstreet title=HIGH 4.14 +7.48
12 Arweave title=AR 33.30 +7.43
13 Powerledger title=POWR 0.31 +7.33
14 Hifi Finance title=HIFI 0.84 +6.73
15 Axelar title=AXL 1.13 +6.54
16 Blur title=BLUR 0.40 +6.33
17 Ether.fi title=ETHFI 3.65 +6.32
18 COMBO title=COMBO 0.74 +6.26
19 SPACE ID title=ID 0.77 +5.51
20 Mobox title=MBOX 0.37 +5.33
21 LeverFi title=LEVER <0.01 +5.19
22 Cortex title=CTXC 0.32 +4.94
23 Voxies title=VOXEL 0.26 +4.69
24 Quickswap [OLD] title=QUICK 0.06 +4.67
25 Lido DAO title=LDO 2.03 +4.64
26 Worldcoin title=WLD 4.84 +4.63
27 BurgerCities title=BURGER 0.50 +4.34
28 DataBot title=DATA 0.06 +4.22
29 Immutable title=IMX 2.12 +4.16
30 Shentu title=CTK 0.72 +4.11

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Contentos title=COS 0.02
-36.49
2 Civic title=CVC 0.17 -13.64
3 REI Network title=REI 0.09 -10.04
4 Ontology Gas title=ONG 0.58 -9.34
5 NULS title=NULS 0.64 -7.98
6 Ethernity Chain title=ERN 4.37 -7.65
7 ApeCoin title=APE 1.27 -7.31
8 Theta Fuel title=TFUEL 0.11 -6.63
9 AS Roma Fan Token title=ASR 3.90 -6.05
10 SafePal title=SFP 0.78 -5.50
11 FLOKI title=FLOKI <0.01 -4.70
12 dogwifhat title=WIF 2.72 -4.58
13 Litecoin title=LTC 83.70 -4.43
14 Marlin title=POND 0.02 -4.16
15 Santos FC Fan Token title=SANTOS 6.41 -4.14
16 AC Milan Fan Token title=ACM 2.19 -4.13
17 THORChain title=RUNE 5.12 -3.98
18 Lisk title=LSK 1.66 -3.87
19 OG Fan Token title=OG 4.53 -3.81
20 Fusionist title=ACE 5.52 -3.73
21 Hedera title=HBAR 0.11 -3.52
22 Chiliz title=CHZ 0.11 -3.42
23 NEO title=NEO 17.71 -3.38
24 Enjin Coin title=ENJ 0.32 -3.38
25 EOS title=EOS 0.81 -3.25
26 Stratis title=STRAX 0.09 -3.10
27 Paris Saint-Germain Fan Token title=PSG 5.22 -2.83
28 Pepe title=PEPE <0.01 -2.74
29 Ravencoin title=RVN 0.03 -2.66
30 Pundi X title=PUNDIX 0.67 -2.48

Bitcoin's Greed and Fear Index.

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67
Greed

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