Connect with us

ADA

Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

Published

4 months ago

on


Aug 13, 2024 21:41&nbspUTC

| Updated:

Aug 13, 2024 at 21:41&nbspUTC

By&nbspClark

Cardano (ADA) is set to embrace the Chang hard fork, marking one of its most significant upgrades. Recent developments suggest that the launch may occur sooner than anticipated. This moment is crucial for Cardano and could influence the broader altcoin landscape.

As the blockchain prepares for the Chang hard fork, there’s a tangible buzz about its potential advantages to the altcoin sector, especially for projects like RCO Finance (RCOF).

The Chang Hard Fork: Cardano (ADA) ‘s Leap Towards Decentralization

Though delayed, Cardano’s highly anticipated Chang hard fork signifies a major milestone, emphasizing community governance and decentralization. With over 72% of SPOs ready, this upgrade aims to shift control from the development firm to ADA holders.

The new fork aims to slowly but surely improve Cardano’s scalability and efficiency, hence increasing the value of ADA. This happened with all previous improvements, so now nothing but positive market sentiment is expected. We hope ADA breaks above $0.50 soon.

Impact on the Altcoin Sector

The implications of the Chang hard fork extend beyond Cardano (ADA). As one of the largest altcoins by market cap, Cardano’s improvements could create a ripple effect across the altcoin sector. A successful upgrade may reignite investor interest, leading to increased trading volumes and price growth.

One project likely to gain from this upgrade is RCO Finance (RCOF). Positioned as a promising altcoin, RCOF aims to meet the rising demand for decentralized finance (DeFi) solutions. With Cardano’s improved infrastructure, demand for advanced DeFI systems like RCOF will rise.

The RCO Finance (RCOF) Charm: AI-Powered Trading

With attractive artificial intelligence-powered decentralized finance features, RCO Finance (RCOF) will take advantage of the altcoin surge driven by Cardano’s upgrade. Advanced crypto AI analysis is at the core of this platform, focusing on tailoring users’ investment plans with a real-time market view.

RCO Finance provides a ChatGPT-like robo advisor that utilizes advanced algorithms and machine learning to analyze market trends, offering actionable insights for traders. This technology simplifies complex market analysis, allowing beginners and intermediate traders to approach the market confidently.

The robo advisor excels at accurately identifying market trends, providing real-time forecasts and effective trading strategies. 

Users can harness collective insights to diversify their portfolios based on personal financial goals and risk tolerance. This helps minimize human error and bias, enhances trading outcomes, and saves time.

RCOF’s Deeper Value: Features Beyond the AI

While RCO Finance’s (RCOF) advanced AI-powered trading capabilities are undoubtedly a major draw for investors, the platform offers a range of additional features that add to its long-term appeal and value proposition.

With over 120,000 tradable assets across all asset classes, including stocks, bonds, commodities, and derivatives straddling, RCO Finance makes it easy for traders to diversify their respective investment portfolios. Backed by leverage options of up to 1000x in some trades, traders could multiply their returns.

Beyond trading, RCO Finance supports DeFi lending and borrowing of digital assets through decentralized protocols. This allows users to earn passive income by providing liquidity while accessing borrowing options. Users can conveniently manage their funds with an internationally available debit card at no cost.

For RCOF token holders, transaction fees are reduced by up to 40%, with benefits increasing as the community grows. Token stakers receive quarterly dividends, creating a passive income stream, and the platform also offers exclusive bonuses to encourage engagement within the RCOF ecosystem.

To ensure the security and integrity of the RCOF altcoins, the smart contracts have undergone an independent audit by SolidProof, a global leader in blockchain security.

Invest in the RCOF Presale for Over 20x ROI

The current presale for the RCOF token offers an interesting opportunity for investors looking to engage with the RCO Finance platform.

With the token priced at $0.0343, there’s potential for significant returns if the altcoin market surges. An estimated listing price is projected between $0.4 and $0.6. This could mean a $100 investment might grow to over $2,000 when the token becomes available on exchanges.

Moreover, holding RCOF tokens may provide passive income, access to priority customer support, governance rights, and tiered rewards. With anticipated enhancements to the Cardano network, interest in RCOF tokens could increase, making this presale a noteworthy consideration for those interested in exploring the altcoin space.

For more information about the RCO Finance (RCOF) Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

Clark

Head of the technology.

#Press Release

This is a paid press release. Btcwires does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.





Source link

Related Topics:
Continue Reading

ADA

Top 4 Altcoins to Hold Before 2025 Alt Season

Published

13 hours ago

on

December 22, 2024

By


The crypto market shows signs of resurgence, offering investors lucrative opportunities. These four Altcoin to Hold stand out with potential for significant growth before 2025. Backed by promising fundamentals, they are strong contenders for a surge during the anticipated bull market.

 Altcoins to Hold: XRP

XRP price has surged by 100% over the past month, reaching $2.24 during a strong market rally. Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC), which appears close to a favourable resolution, has significantly boosted investor confidence.

Market bulls are defending the $2.05–$2.20 support range, a key area attracting substantial buyer interest. Analysts suggest a break above $2.60 could lead to more upside momentum, with $3.00 as the next psychological target. XRP continues to shine as one of the top altcoins to hold before 2025.

Source: X

DexBoss (DEBO) 

DexBoss (DEBO), selling for $0.01 in its presale, is drawing attention from cryptocurrency enthusiasts. This memecoin stands out by combining humor with blockchain-based utility. Unlike typical short-lived memecoins, DexBoss offers a robust ecosystem featuring decentralized token swaps, staking opportunities, and exclusive NFT releases. 

Its unique approach appeals to both speculative investors and long-term holders. DexBoss’s foundation of blockchain technology positions it as more than a fleeting trend. The coin’s diverse features make it an intriguing option for those seeking innovation and potential in the cryptocurrency market.

Sui (SUI)

Sui (SUI) price has risen to $4.59, marking a 2% surge and highlighting its growing market appeal. The Layer 1 blockchain platform is gaining recognition for delivering fast, private, and secure digital asset management making it altcoin to buy. 

Known for its efficiency, Sui has seen a steady rise in Total Value Locked (TVL). Analysts view this momentum as a sign of investor confidence ahead of the anticipated 2025 altcoin season. With its innovative smart contract solutions, Sui continues positioning itself as a top contender among altcoins in the competitive blockchain ecosystem.

https://defillama.com/chain/Suihttps://defillama.com/chain/Sui
Source- DefiLIama

Dogecoin (DOGE)

Dogecoin (DOGE), a prominent meme-based cryptocurrency, recently recorded a significant price surge despite slight market corrections. The DOGE price has climbed 250% over the past year, trading at $0.332 at the time of writing. This remarkable growth underscores its rising popularity among investors and its appeal as a potential altcoin to hold before the anticipated 2025 alt season.

Notably, whale transactions involving Dogecoin have spiked, reflecting heightened activity among large holders. In late October, transactions exceeding $100,000 saw a sharp increase. This trend signals growing whale interest, which could further influence market dynamics and fuel continued momentum for DOGE’s price trajectory.

Source: Santiment

As crypto market dynamics shift, focusing on Altcoin to hold can yield substantial returns. These four assets offer growth potential, innovation, and community-driven resilience, making them a must-watch for 2025.

Frequently Asked Questions (FAQs)

XRP, DexBoss, Sui, and Dogecoin are top recommendations.

XRP shows bullish trends with potential legal clarity boosting confidence.

DexBoss offers utility through token swaps, staking, and NFTs.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

ADA

Crypto Whales Gobble Up Nearly $149,600,000 Worth of Cardano and Large-Cap Memecoin in Just Two Days: Analyst

Published

1 week ago

on

December 16, 2024

By


An on-chain analyst says deep-pocketed investors are loading up massive amounts of Cardano (ADA) and a top memecoin as the market went sideways for the past week.

Analyst Ali Martinez tells his 98,800 followers on the social media platform X that crypto whales accumulated $85.6 million worth of ADA in a couple of days.

“Cardano whales bought over 80 million ADA in 48 hours!”

Image
Source: Ali Martinez/X

At time of writing, ADA is trading for $1.07.

Martinez also says deep-pocketed investors snapped up $64 million worth of the large-cap memecoin Dogecoin (DOGE).

“Whales bought another 160 million Dogecoin DOGE in 24 hours!”

Image
Source: Ali Martinez/X

At time of writing, DOGE is worth $0.40.

In total, the crypto whales accumulated nearly $150 million worth of ADA and DOGE in just two days during the past week.

Turning to Bitcoin, Martinez says he’s looking at BTC‘s In/Out of the Money Around Price (IOMAP) metric. IOMAP classifies crypto addresses as either profiting, breaking even, or losing money – to determine support and resistance levels for BTC.

According to the analyst, Bitcoin has a fortress of support above $94,000 as millions of wallets accumulated millions of BTC around and above the price area.

“Bitcoin sits on top of a significant support wall between $94,300 and $100,250, where 2.25 million wallets bought over 2.18 million BTC.”

Image
Source: Ali Martinez/X

At time of writing, Bitcoin is trading for $101,946.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney





Source link

Continue Reading

ADA

Will Cardano Price Reach ATH If It Mirrors Its 2021 Rally?

Published

1 week ago

on

December 13, 2024

By


Cardano price, a proof-of-stake cryptocurrency, has recently witnessed a significant price increase amid a broader market rally. The altcoin’s upward momentum reflects heightened investor interest, paralleling gains in other cryptocurrencies. With December promising further potential, ADA enthusiasts are speculating whether its price could revisit all-time highs, mirroring its impressive 2021 rally

Is Cardano Price to Reclaim Its ATH From the 2021 Bull Run?

Cardano price is regaining traction as bullish sentiment returns to the cryptocurrency market. The top altcoin shows signs of recovery, with its price reclaiming $3.10 and sparking optimism among investors. The market now watches closely as ADA aims to surpass its previous cycle’s all-time high.

Cardano’s all-time high was $3.10 on September 2, 2021. At the time of reporting, the cryptocurrency is still 63.71% below this peak. However, recent price movements suggest a growing potential for a breakout.

Market analysts attribute the renewed bullish momentum to the broader crypto rally. Several key altcoins, including Cardano, are benefiting from increased investor confidence. With the current trajectory, ADA could move closer to reclaiming its 2021 high if market conditions persist.

Crypto Analyst Eyes Bullish Break Out For ADA

A crypto analyst recently shared an intriguing insight on X post, highlighting Cardano’s potential growth trajectory. The tweet emphasized that ADA may soon achieve $3, $7, and $14 milestones, aligning with a broader market “super cycle.”

The post included a chart showcasing ADA’s significant price levels, framing the $14 mark as a pivotal milestone. It also highlighted a $500 billion market capitalization benchmark, suggesting a bullish perspective on Cardano’s future growth.

At the time of writing, the ADA price is trading at $1.08, marking a 3.66% decline in daily performance. Despite the dip, technical indicators suggest pivotal movements ahead for the Cardano token.

If the bullish trend gains momentum, the top altcoin could rally to the $2 mark, fueled by increasing trading activity and strong investor sentiment. A continuation of this bullish trajectory might propel the price to $3.10, mirroring its 2021 all-time high. However, if bearish forces dominate, ADA could retrace further to $1, potentially erasing recent gains.

The MACD indicator highlights a bearish crossover, with the signal line at 0.1209 and the MACD line at 0.0912. The Chaikin Money Flow (CMF) remains positive at 0.11, pointing to sustained buying interest despite price declines. This suggests that market participants are still optimistic about ADA’s long-term potential.

Will Cardano Price Reach ATH If It Mirrors Its 2021 Rally?Will Cardano Price Reach ATH If It Mirrors Its 2021 Rally?
Cardano Price Chart: TradingView

While Cardano’s recent momentum hints at the potential for a bullish breakout, its ability to reclaim the 2021 ATH will depend on sustained market confidence and overcoming bearish resistance.

Frequently Asked Questions (FAQs)

Cardano’s all-time high price is $3.10, reached on September 2, 2021.

Cardano’s price could potentially revisit its ATH if market conditions remain favorable.

If bullish momentum continues, Cardano could reach $2, potentially revisiting $3.10.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading
Advertisement [ethereumads]

Trending

    wpChatIcon