Plomin Hard Fork Sets Stage For Rally
Caldano’s price There may not be much action now, but there are many news. Cardano has just completed a major milestone: Plomin Hard Fork, which means that it is now completely dispersion. This is important because Cardano is now fully managed by the ADA token holder, and they will vote for important decisions such as upgrading and fiscal expenditure. This makes Cardano a minority The first 10 cryptocurrencies Real dispersion.
Although Cardano has not seen too many actions at present, the fundamentals of the project are stronger than ever. More and more whales buy ADA, as well as Gray investment Gray investment – Investment platform Interested in Cardano. As more and more people see the value of Cardano’s decentralized system, demand may increase, which may lead to higher prices.
Price action: merging stage
Check the price chart, Cardano is currently in the merger stage. After an increase of more than 300 % before, ADA experienced the side movement of this type. However, there are still obvious motivation on the charts every week, since the spring of 2024, orgasm and higher lows.
The key level to watch currently watch is
$ 1: The average moving value of 20 days is at this level. ADA needs to surpass this to send out any more room for rise.
$ 1.25: The next resistance level is slightly higher than 1.20 US dollars, and major price actions have occurred around the area. If Cardano can break through these levels, major bull moves may occur.
Compared with the previous cycle of Ethereum
It is obvious that Cardano has provided a preparation for similar income. Ethereum saw the huge growth from the bear market low to the height of the bull market, and Caldano is currently tracking similar roads. If ADA is to follow the trajectory of Ethereum, the price may increase greatly.
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Frequently Asked Questions Answers
Plomin Hard Ork disperses Cardano, so that ADA holders can manage upgrading and fiscal expenditure, thereby increasing its value.
According to our latest ADA price analysis, Cardano’s highest price is $ 69.33.
Although ADA is currently merging, if it follows the past trajectory of Ethereum, it may see that it will bring it back to $ 3 in the future.