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news-imageDecember 18, 2024

$200 Million ADA Sell-Off Sparks Concerns, ADA To Drop Below $1?

Cardano's (ADA) price has been declining recently, and concerns are growing that it could drop below the $1 support level. Notably, a key factor causing the drop is the selling activity by whales, who have been cashing out their coins to profit from their recent gains.
Publisher: CoinPedia
Sentiment: Negative
ADA

More News Articles

Positive
cover-imageThe Cryptonomist
December 18, 2024

Cardano Foundation: the role in the governance of the blockchain

The Cardano Foundation is facing a crucial phase for the consolidation of governance within its ecosystem. Recently, the organization reiterated its commitment to decentralized and transparent management, highlighting the importance of active community participation for the sustainable growth of the platform.

Neutral
cover-imageCryptoSlate
December 18, 2024

Charles Hoskinson urges Cardano Foundation to relocate from Switzerland for community-driven governance

Charles Hoskinson, the founder of Cardano, has called for the Cardano Foundation to relocate to a jurisdiction that allows its users to elect board members. He raised this issue in a Dec. 18 post on social media platform X while encouraging the Cardano community to question the Foundation about its board structure and decision-making processes.

Negative
cover-imageThe Currency Analytics
December 18, 2024

Cardano Price Dips Amid Bearish Sentiment, But Whale Activity Soars

Cardano (ADA), a leading blockchain platform, has recently experienced a slight dip in price, with the token falling by 2.04% to $1.06. Despite this decline, the network is still witnessing significant whale activity, indicating potential for future growth, even as bearish sentiment takes hold.

Positive
cover-imageCrypto Economy
December 17, 2024

Charles Hoskinson: ‘Cardano Will Grow to Take Over the World'

TL;DR Charles Hoskinson is working to achieve a “decentralized revolution” with the implementation of the Chang Hard Fork and key governance improvements. Community participation: the introduction of Delegate Representatives (DReps) facilitates decision-making without sacrificing efficiency. Long-term optimism: ADA rises 3.7% to reach $1.

Positive
cover-imageCoinPedia
December 17, 2024

Cardano (ADA) Price Prediction for December 17

ADA, the native token of the Cardano blockchain, is gaining significant attention from crypto giants despite its ongoing price consolidation. On December 17, 2024, data from on-chain analytics firm Santiment revealed a massive rise in whale activity on the Cardano network, signaling potential upside momentum.

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