Cardano Price Plummets 5% As Traders Flock To This $3.4M ICO

Cardano price has decreased by 5 % in the past 24 hours of trading at $ 0.7228 from 3.45 in the morning of the United States on the trading volume, which increased by 15 % to 888.06 million dollars.

The price of ADA fell from 0.7561 to $ 0.7062 yesterday, and since then, it has fluctuated between $ 0.70 and $ 0.73. ADA is still higher than where he was in the early hours of Monday, when he decreased to nearly $ 0.60. However, it is also almost 25 % less than last Friday, indicating the impact of the Trump’s commercial war on the project.

Cardano prediction

The last two days were turbulent for the encryption industry, and the price of Cardano an act Not an exception. ADA witnessed a decrease in the price of $ 0.77 to $ 0.72, tried to recover, and then fell further. During the past 12 hours alone, it has risen and down several times, and until now, she is trying to increase, but resistance at $ 0.73 stands on her way.

Bolinger’s ranges remained widely for most of the time, and the price was fluctuating from the top to the bottom of the past 12 hours, as it witnessed great fluctuations.

Ada/USDT 15 minutes graph (Source: TradingView)

The RSI is also explained by the traders that have been completely active with Cardano in the last two days. The relative force index moves from the excessive area in the peak area to the sale area on several occasions, and rarely sees any kind of stability.

In fact, even during these greater fluctuations, RSI has seen several smaller movements along the way, indicating that merchants buy and sell constantly, in an attempt to make slight gains from scalp deals during this very volatile period.

Currently, the relative strength index climbs from the lower levels of the neutral area towards the excessive area, and heads from 35 to the current value of 60. Whether it will be able to currently, the Ada purchase is risky for anyone else other than the professional day traders.

However, if you want to buy the distinctive symbol and Hodl, its purchase at a low price may be a strong choice to look at, but there are much more promising alternatives to look at them first.

A promising alternative to Cardano

One of the best alternatives to Cardano at the present time is Meme Index (Memex) – a new Meme Coin project that has been in ICO over the past few weeks. The project has become very common quickly, as it provides a unique new way to earn a negative income of Meme currencies while facilitating investment in these symbols.

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– Mimco_INDEX Index February 7, 2025

Instead of building their wallet from zero point, investors can simply invest in one of the four project indexes – baskets of Meme currencies – each of which comes with a different degree of risk. The safest options are Titan and Moonshot, which focuses on some of the tops of the Meme currencies, which are mostly established and relatively safe.

However, MIDCAP and Trenzy deals with projects that can explode or flounder, with frenzy being the most dangerous of them. To invest in any of these indexes, you need Memex – the original distinctive symbol of the project that not only allows you to invest in Meme currencies, but also gives you some saying when it comes to choosing coins that must be included in any indicator.

To date, ICO has raised more than $ 3.41 million, and has continued to get investment at a rapid pace. At the same time, Memex itself is sold for only $ 0.0159713, with the next price increased within the next two days. In these volatile times, when purchasing any one encryption that comes with severe risks, the investment in an indicator may be a safer option until Claybro, an encrypted utopper that contains more than 136 thousand subscribers, agrees that the project appeared in the perfect time to see a great dependence.

Interested investors must buy Memex before raising prices in 43 hours.

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