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Crypto entrepreneur Sun eats $5M banana artwork, draws parallels to cryptocurrency trends

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Crypto entrepreneur Sun eats M banana artwork, draws parallels to cryptocurrency trends










During a media event at a high-end hotel in Hong Kong, Crypto entrepreneur Sun indulged in a banana from Maurizio Cattelan’s “Comedian”, a piece of conceptual art he recently acquired at a Sotheby’s auction in New York. After consuming the banana, Sun remarked on its quality and discussed the parallels he sees between conceptual art and the world of cryptocurrency, suggesting that both realms largely exist in the intellectual and digital domain rather than the physical one.

The artwork, which debuted at the 2019 Art Basel show in Miami Beach, has sparked debate over its classification as art. Sun’s act of eating the banana at a press conference was intended to add to the artwork’s history. He also mentioned his recent advisory role with World Liberty Financial, a crypto initiative supported by US President-elect Donald Trump, after making a $30 million investment. Despite this political connection, Sun emphasized his apolitical stance and his aim to bridge traditional finance with decentralized finance. His involvement in the crypto sector has not been without controversy, facing charges from the US Securities and Exchange Commission, which he has denied.

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The artwork “Comedian” comes with a certificate of authenticity and instructions for replacing the banana. Sun speculated that the value of the artwork might increase similarly to Bitcoin, driven by speculative interest.

Source: France24




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Crypto

CCFD-Terre Solidaire Enters the Era of Web3 and Launches into Cryptocurrency Fundraising

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CCFD-Terre Solidaire Enters the Era of Web3 and Launches into Cryptocurrency Fundraising

For over 60 years, CCFD-Terre Solidaire has been acting alongside those who fight daily against all the causes of hunger and who face the injustices of the current development model. Today, the NGO takes a new step by opening its donation collection to cryptocurrencies. This initiative, led in partnership with Vadato, a specialist in association tools, and Coinhouse, a leader in crypto-asset services in France, aligns with the fundamental values of Web3: transparency, inclusion, and equity.

CCFD-Terre Solidaire logo

Why cryptocurrencies? Why now?

Climate disruptions, inequalities leading to excessive concentration of wealth, as well as other challenges in today’s world, require tools that go beyond conventions. Cryptocurrencies have a unique potential to mobilize new communities, particularly those attracted by the radical transparency of blockchain and the ideals of a more equitable economy. With this project, CCFD-Terre Solidaire opens itself to Web3 actors to collectively build solutions that address current and future economic and social challenges.

A pioneer of financial and social revolutions, CCFD-Terre Solidaire is innovating again by becoming one of the first French NGOs to offer a cryptocurrency collection solution compliant with regulations. One step closer to solidarity rooted in the future.

Marie-Hélène Vouilloux, Innovation Officer at CCFD-Terre Solidaire

A mission driven by universal values

Since its creation in 1961, CCFD-Terre Solidaire has never shied away from challenges. The NGO operates on the ground, hand in hand with over 400 partner organizations in 60 countries. Its approach? Support projects led by the populations themselves, for sustainable solutions adapted to each context.

Four battles for a fairer world

A central pillar of its commitment, food sovereignty relies on peasant and solidarity agroecology, which preserves natural resources and strengthens short circuits. The NGO supports peasant communities, responsible for 80% of global food production, but among the most affected by hunger. Convinced that migration is a wealth and that peace relies on justice and dialogue, CCFD-Terre Solidaire acts for inclusive and solidarity-based societies. Finally, the organization places economic justice at the heart of its fight against the impunity of multinationals and promotes an economic system that respects human rights. CCFD-Terre Solidaire advocates for fair international taxation, the cancellation of unsustainable debts of southern countries, and a global governance that holds large companies accountable. A pioneer of solidarity savings in France, CCFD-Terre Solidaire has been implementing solidarity financial investment products for the common good for 40 years: Common Investment Funds, savings accounts, micro-donations…

When Web3 meets the values of solidarity

Web3 is not just about technology: it is a vision. A vision where transparency, fairness, and individual autonomy, through decentralization, redefine the rules of the game. CCFD-Terre Solidaire has shared these ideals since its inception and resonates them with its own battles.

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By choosing to accept cryptocurrencies, the NGO does not impose a change, but proposes a bridge. It invites the crypto community to actively participate in concrete projects, which bear sustainable transformation for the most vulnerable. You are invited to show that the virtual and immaterial value of crypto-assets can translate into concrete results and a force for change.

Vadato and Coinhouse: partners serving a global cause

To meet this challenge, CCFD-Terre Solidaire has surrounded itself with two essential players:

  • Vadato, which has developed a custom technical solution, allowing the integration of a cryptocurrency collection, and supports multiple other aspects of philanthropic activities thanks to its tools and techniques;
  • Coinhouse, recognized for its expertise and its registration with the AMF, which guarantees the security and compliance of transactions.

Our mission is simple: to make donations accessible and secure for all. Whether you are a regular donor or an active member of the Web3 community, our technology is here to facilitate engagement.

Damien Chalret du Rieu, CEO of Vadato

We believe in a Web3 that transcends the boundaries of innovation to serve causes that matter. This collaboration is proof that blockchain can have a real impact, here and now.

Nicolas Louvet, CEO of Coinhouse

A call to those who want to take action

This initiative is much more than a simple collection: it is an invitation to be part of a movement. Each donation directly contributes to projects that change lives, but it is not just about financial support. It is about bringing your voice, your ideas, and your support to a global mission.

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For example, in 2009, CCFD-Terre Solidaire produced an exclusive report on financial diversions carried out by several heads of state around the world. This was followed by 10 years of intense legal battles that resulted, in 2017, in multiple convictions, including the total confiscation of “ill-gotten” goods and the restitution of more than 150 million euros to the dispossessed peoples. In March 2017, France adopted an unprecedented law on the duty of vigilance of companies and became a pioneer in the fight against the impunity of multinationals. This law is the result of a long struggle led by CCFD-Terre Solidaire with civil society and committed politicians. This text marks a historic advancement towards the respect of human and environmental rights by multinational companies.

Join the CCFD-Terre Solidaire Telegram, follow the evolution of projects dedicated to Web3 and discover how your donations, even modest ones, can become a driving force to transform unjust systems.

We believe in a future where economic justice is not a distant ideal, but a concrete reality. With your help, we can build it together.

Marie-Hélène Vouilloux

Now is the time to act. Join us! t.me/ccfd_tsolidaire

More info: https://ccfd-terresolidaire.org/donner-en-cryptomonnaies/

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La Rédaction C.

L’équipe éditoriale de Cointribune unit ses voix pour s’exprimer sur des thématiques propres aux cryptomonnaies, à l’investissement, au métaverse et aux NFT, tout en s’efforçant de répondre au mieux à vos interrogations.

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Disclaimer:

The contents and products mentioned on this page are in no way approved by Cointribune and should not be interpreted as falling under its responsibility.

Cointribune strives to communicate all useful information to readers, but cannot guarantee its accuracy and completeness. We invite readers to do their research before taking any action related to the company and to take full responsibility for their decisions. This article should not be considered as investment advice, an offer, or an invitation to purchase any products or services.

Investment in digital financial assets carries risks.

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Dogecoin evangelist once again a millionaire after Trump win – Marketplace

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Dogecoin evangelist once again a millionaire after Trump win – Marketplace

More than three years ago, before he became a millionaire the first time around, Glauber Contessoto borrowed $1,500 from his aunt Cristiane Almaraz to invest in Dogecoin, the cryptocurrency that started as a joke about an internet dog meme. In return, once Doge shot to the moon as Contessoto believed it would, he promised her a house.

As of late November when we recorded a Zoom conversation together, Contessoto had $2.2 million in Doge. He has even more in other cryptocurrencies.

He’s planning to sell some of the incredibly volatile Dogecoin in six to eight months, when he thinks the price will more than triple. Alamaraz wants him to sell now.

“Ultimately at that point I’ll have $10 million, so with $10 million even a million-dollar house wouldn’t affect my finances that much,” said Contessoto.

“I don’t need a million dollar house,” Almaraz said.

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“You live in Maryland, you need a million dollar house,” said Contessoto.

Almaraz is a housekeeper, her husband works as an Amazon driver and they have two kids. She said after a car theft forced them to buy a new vehicle, they’re down to about $5,000 in savings.

Part of Almaraz’s frustration is that she feels like she’s seen this movie before.

“Cause Dogecoin is very unstable, so how can you guarantee that in six months you will do that, you know?” Almaraz asked.  

“Because I’m basing this off of patterns,” said Contessoto. “Trends, patterns, charts, graphs. I do crypto full time now, right? I study this.”

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At one point in 2021, after investing his life savings in Dogecoin, Contessoto had about $3 million in the memcoin and became a kind of crypto celebrity. His YouTube channel and social media popularity made the “Dogecoin millionaire” the most famous Dogecoin evangelist not named Elon Musk.

And then just a year later, as all that buzz for Bitcoin and NFTs cooled and crypto winter settled in, the “Dogecoin millionaire” became the “Dogecoin former millionaire.”

“I remember very vividly, I was in the parking lot of the gym that I would go to,” says Contessoto. “And I was sitting in the car watching it just plummet, and watching the amount in my Robin Hood dump down all the way to $200,000.”

But Contessoto stuck with the memecoin that brought him here, and pushed the money he was receiving from crypto-related endorsements into more Doge, as well as other crypto.

“There are days where I think ‘Oh, I kind of wish I would have sold.’ But ultimately that’s not where my heart was, and I’m very big on following my gut feelings on things,” Contessoto said.

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That gut ultimately proved right. Doge started rising again in 2024, partly in line with Trump’s poll numbers. The former president had pledged to lighten regulations on crypto on the campaign trail.

And then after the election, something extraordinary happened. One of those glitches in the matrix that makes you question not only whether you’re living in a simulation, but whether it’s a simulation specifically designed to mock you for responsibly stowing your retirement money away in an index fund.

Trump announced plans to create the Department of Government Efficiency — DOGE for short — an organization tasked with slashing the federal bureaucracy, which Musk had half-jokingly proposed before the election.

Dogecoin soared. Since the election, it’s up more than 120%.

“That’s like branding that’s perfect right?,” said Contessoto. “I couldn’t have created that in a better way.”

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Trump and his DOGE have been a huge financial boon for Contessoto. But there’s another part of Trump’s agenda that could be a major problem.

“I am currently undocumented as of right now,” said Contessoto. “Yeah, I don’t have papers.”

Contessoto came to the U.S. from Brazil when he was 5. His mother has a green card, but he’s still trying to get legal status.

“I have conflicting emotions about Trump,” said Contessoto. “Financially speaking he’s probably the best bet. On the other side I could get a knock on the door next week and I’m deported. And everything I know just goes up in flames.”

Over the holidays Contessoto is actually outside the U.S., tending to a family emergency. He’s unsure whether he’ll even be allowed back into the United States without his papers.

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For the first time in years, he won’t be spending Christmas with aunt Cristiane in Maryland. He said she can have anything she wants as a gift — short of a house.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.  

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Crypto

Why Is Cardano Price Dropping? ADA Hasn't Fell This Much Since September 2021

Published

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Why Is Cardano Price Dropping? ADA Hasn't Fell This Much Since September 2021

The
cryptocurrency market is witnessing a significant correction in Cardano (ADA)
prices, with the token experiencing a sharp decline to $0.9, representing a 24%
decrease in the past 24 hours. This downturn comes after an impressive 216%
surge in November, raising questions about the sustainability of ADA’s recent
rally.

During
Monday’s session, ADA’s price dropped nearly 16%, closing the day at $1.
Intraday declines were even steeper, reaching a local low of $0.91. This
represented a temporary 24% loss for Cardano, marking the largest single-day
drop in over three years, since September 2021, when ADA’s price fell by 30%.

Today,
Tuesday, December 10, 2024, ADA’s price is seeing a slight correction, up 1.3%.
Currently, Cardano is trading at $1.02 on Binance. However, the recent drop
significantly impacted Cardano’s total market capitalization, which now stands
at $35.6 billion, pushing the token to the ninth position among the largest
cryptocurrencies by market cap.

Why is Cardano price down today? Source: TradingView

Despite the
decline, investor activity remains robust, with daily trading volume at $3.8
billion, exceeding that of Binance Coin (BNB), which is currently the
sixth-largest token in circulation.

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What is the current Cardano market capitalization? Source: CoinMarketCap

Current Market Status

The price
correction in Cardano reflects broader market dynamics and profit-taking
behavior. After reaching significant highs, ADA is showing signs of exhaustion
as traders engage in profit-taking activities. The Relative Strength Index
(RSI) has exited overbought territory, suggesting a cooling period for the
asset.

However, Cardano isn’t the only cryptocurrency experiencing a decline. Ripple’s XRP token also recorded its steepest drop in two months during a single session. A similar fate befell meme coins, including Shiba Inu (SHIB), which is undergoing a significant correction in price.

Cardano Price Technical
Analysis

Recent
technical analysis reveals that Cardano is testing critical support levels. The
token’s price action has formed bearish patterns, with increased selling
pressure from short-term holders.

Looking at
the ADA/USD chart, the price has stalled around the $1.25 level, which aligns
with local highs from April 2022, and is currently stuck in a consolidation
phase between this level and the $0.90 support.

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As long as
these two levels hold, I would expect the upward trend to continue. My outlook
will only change if the support zone, additionally reinforced by the 23.6%
Fibonacci retracement, is breached. In that case, it could open the door to
further levels marked on the chart and described in more detail below.

Cardano (ADA) price technical analysis. Source: TradingView

I believe any dips would present opportunities to accumulate ADA at lower and
more attractive prices. A break below $0.68, however, would shift my
perspective to a more bearish outlook.

Technical Support and
Resistance Levels

Key
Support Zones:

  • $0.9176
    23.6% Fibo retracement
  • $0.9 – psychological support line
  • $0.8 – local highs from March 2024
  • $0.68 – local highs from December 2023
  • $0.3 – lows from 2024

Resistance
Areas:

  • $1.1 – local high from November 2024
  • $1.25 – current main resistance zone,
    highs from November and December
  • $1.32 – intraday high from late November
  • $1.3349 – 38.2% Fibo retracement

ADA Volume Analysis

Trading
volume analysis indicates significant liquidations at higher price levels. Over
the past 24 hours, $1.6 billion has been wiped from the market, with $1.4
billion coming from leveraged long positions. Larger tokens account for most of
this movement, though ADA also has a visible share. In total, $23 million was
liquidated from leveraged positions in Cardano during the day, $20 million of
which came from longs.

Fundamental Factors Behind
the Cardano Price Drop

Profit-Taking Pressure

The primary
driver of the current price decline is widespread profit-taking following ADA’s
substantial gains. After climbing over 114.5% in the past year, investors are
naturally securing their profits, creating downward pressure on the price.

Advertisement

It is worth also noting that Bitcoin did not sustain its position above $100K mark, which also heightened the current selling preassure.

Market Sentiment Shift

Recent
events have impacted market sentiment:

  • A social
    media hack of Cardano’s official accounts spread false information about an SEC
    lawsuit
  • The broader
    cryptocurrency market correction has affected altcoin performance
  • Technical
    indicators suggesting overbought conditions triggered cautious trading

Cardano Price Prediction: Future
Price Outlook

Short-Term Projections

The
immediate price trajectory appears challenging, with analysts predicting
potential consolidation in the coming weeks. Current technical indicators
suggest ADA could experience further correction before finding stable support.

Long-Term ADA Price Forecast

Despite
short-term volatility , long-term projections remain optimistic:

  • 2025
    predictions range from $0.8 to $2.5
  • 2026
    forecasts suggest potential growth to $3.1
  • 2027-2030
    projections indicate gradual appreciation toward $5.5

Predictions

Predicted Price

Advertisement

Timeline

CoinJournal

$2

Coming weeks

CoinCodex

Advertisement

Between $0.98 and $1.10

December 2024

Coin Edition

$9.41

2029

Advertisement

Coin Edition

$12.54

2030

Techopedia

$6

Advertisement

2030

You can
find more Cardano price predictions for 2025 and 2030 here. Finance Magnates has also prepared forecasts for other cryptocurrencies, including Dogecoin, for the year 2025.

Risk Factors

  • Several
    elements could influence future price movement:
  • Overall
    cryptocurrency market conditions
  • Regulatory
    developments
  • Technical
    breakthrough implementations
  • Institutional
    adoption rates

Should You Invest in
Cardano (ADA)?

The
platform continues to evolve with technological advancements and ecosystem
developments, which could positively impact future valuations. Network
improvements and increasing adoption rates remain crucial factors for long-term
price stability.

While
Cardano’s current price correction might concern some investors, it represents
a natural market cycle following significant gains. Technical indicators
suggest a period of consolidation, but fundamental strengths remain intact.
Investors should consider both short-term volatility and long-term potential
when making investment decisions.

The
combination of technical analysis, market sentiment, and fundamental
developments indicates that while ADA may experience continued pressure in the
near term, the overall trajectory maintains positive momentum for future
growth. However, as with all cryptocurrency investments, careful consideration
of risk factors and market conditions remains essential.

Advertisement

Cardano Price Prediction,
FAQ Section

Why is the Cardano price
low?

Cardano’s
recent price movements reflect profit-taking after a 168% surge over the past
month, with the price currently at $1.02. The market is undergoing a natural
correction phase following this substantial growth.

What is happening with ADA
Cardano?

ADA has
reached a market cap above $40 billion for the first time in three years, with
futures open interest hitting a 40-month high of $1.18 billion. The network’s
Total Value Locked (TVL) has significantly increased from $230 million to $705
million in December 2025.

Will ADA recover from
current levels?

Technical
analysis and market experts predict ADA will continue its growth trajectory,
with forecasts suggesting prices between $1.21 and $1.34 by the end of December
2024. Long-term projections indicate potential growth to $2.76 by 2025.

Is Cardano expected to go
back up?

Market
analysts maintain a bullish outlook, with predictions for 2024 ranging between
$1.21 and $2.02. Factors supporting this growth include increased whale
accumulation, network developments like the Hydra protocol, and growing DeFi
adoption.

The
cryptocurrency market is witnessing a significant correction in Cardano (ADA)
prices, with the token experiencing a sharp decline to $0.9, representing a 24%
decrease in the past 24 hours. This downturn comes after an impressive 216%
surge in November, raising questions about the sustainability of ADA’s recent
rally.

Advertisement

During
Monday’s session, ADA’s price dropped nearly 16%, closing the day at $1.
Intraday declines were even steeper, reaching a local low of $0.91. This
represented a temporary 24% loss for Cardano, marking the largest single-day
drop in over three years, since September 2021, when ADA’s price fell by 30%.

Today,
Tuesday, December 10, 2024, ADA’s price is seeing a slight correction, up 1.3%.
Currently, Cardano is trading at $1.02 on Binance. However, the recent drop
significantly impacted Cardano’s total market capitalization, which now stands
at $35.6 billion, pushing the token to the ninth position among the largest
cryptocurrencies by market cap.

Why is Cardano price down today? Source: TradingView

Despite the
decline, investor activity remains robust, with daily trading volume at $3.8
billion, exceeding that of Binance Coin (BNB), which is currently the
sixth-largest token in circulation.

What is the current Cardano market capitalization? Source: CoinMarketCap

Advertisement

Current Market Status

The price
correction in Cardano reflects broader market dynamics and profit-taking
behavior. After reaching significant highs, ADA is showing signs of exhaustion
as traders engage in profit-taking activities. The Relative Strength Index
(RSI) has exited overbought territory, suggesting a cooling period for the
asset.

However, Cardano isn’t the only cryptocurrency experiencing a decline. Ripple’s XRP token also recorded its steepest drop in two months during a single session. A similar fate befell meme coins, including Shiba Inu (SHIB), which is undergoing a significant correction in price.

Cardano Price Technical
Analysis

Recent
technical analysis reveals that Cardano is testing critical support levels. The
token’s price action has formed bearish patterns, with increased selling
pressure from short-term holders.

Looking at
the ADA/USD chart, the price has stalled around the $1.25 level, which aligns
with local highs from April 2022, and is currently stuck in a consolidation
phase between this level and the $0.90 support.

As long as
these two levels hold, I would expect the upward trend to continue. My outlook
will only change if the support zone, additionally reinforced by the 23.6%
Fibonacci retracement, is breached. In that case, it could open the door to
further levels marked on the chart and described in more detail below.

Advertisement

Cardano (ADA) price technical analysis. Source: TradingView

I believe any dips would present opportunities to accumulate ADA at lower and
more attractive prices. A break below $0.68, however, would shift my
perspective to a more bearish outlook.

Technical Support and
Resistance Levels

Key
Support Zones:

  • $0.9176
    23.6% Fibo retracement
  • $0.9 – psychological support line
  • $0.8 – local highs from March 2024
  • $0.68 – local highs from December 2023
  • $0.3 – lows from 2024

Resistance
Areas:

  • $1.1 – local high from November 2024
  • $1.25 – current main resistance zone,
    highs from November and December
  • $1.32 – intraday high from late November
  • $1.3349 – 38.2% Fibo retracement

ADA Volume Analysis

Trading
volume analysis indicates significant liquidations at higher price levels. Over
the past 24 hours, $1.6 billion has been wiped from the market, with $1.4
billion coming from leveraged long positions. Larger tokens account for most of
this movement, though ADA also has a visible share. In total, $23 million was
liquidated from leveraged positions in Cardano during the day, $20 million of
which came from longs.

Fundamental Factors Behind
the Cardano Price Drop

Profit-Taking Pressure

The primary
driver of the current price decline is widespread profit-taking following ADA’s
substantial gains. After climbing over 114.5% in the past year, investors are
naturally securing their profits, creating downward pressure on the price.

It is worth also noting that Bitcoin did not sustain its position above $100K mark, which also heightened the current selling preassure.

Advertisement

Market Sentiment Shift

Recent
events have impacted market sentiment:

  • A social
    media hack of Cardano’s official accounts spread false information about an SEC
    lawsuit
  • The broader
    cryptocurrency market correction has affected altcoin performance
  • Technical
    indicators suggesting overbought conditions triggered cautious trading

Cardano Price Prediction: Future
Price Outlook

Short-Term Projections

The
immediate price trajectory appears challenging, with analysts predicting
potential consolidation in the coming weeks. Current technical indicators
suggest ADA could experience further correction before finding stable support.

Long-Term ADA Price Forecast

Despite
short-term volatility , long-term projections remain optimistic:

  • 2025
    predictions range from $0.8 to $2.5
  • 2026
    forecasts suggest potential growth to $3.1
  • 2027-2030
    projections indicate gradual appreciation toward $5.5

Predictions

Predicted Price

Timeline

Advertisement

CoinJournal

$2

Coming weeks

CoinCodex

Between $0.98 and $1.10

Advertisement

December 2024

Coin Edition

$9.41

2029

Coin Edition

Advertisement

$12.54

2030

Techopedia

$6

2030

Advertisement

You can
find more Cardano price predictions for 2025 and 2030 here. Finance Magnates has also prepared forecasts for other cryptocurrencies, including Dogecoin, for the year 2025.

Risk Factors

  • Several
    elements could influence future price movement:
  • Overall
    cryptocurrency market conditions
  • Regulatory
    developments
  • Technical
    breakthrough implementations
  • Institutional
    adoption rates

Should You Invest in
Cardano (ADA)?

The
platform continues to evolve with technological advancements and ecosystem
developments, which could positively impact future valuations. Network
improvements and increasing adoption rates remain crucial factors for long-term
price stability.

While
Cardano’s current price correction might concern some investors, it represents
a natural market cycle following significant gains. Technical indicators
suggest a period of consolidation, but fundamental strengths remain intact.
Investors should consider both short-term volatility and long-term potential
when making investment decisions.

The
combination of technical analysis, market sentiment, and fundamental
developments indicates that while ADA may experience continued pressure in the
near term, the overall trajectory maintains positive momentum for future
growth. However, as with all cryptocurrency investments, careful consideration
of risk factors and market conditions remains essential.

Cardano Price Prediction,
FAQ Section

Why is the Cardano price
low?

Cardano’s
recent price movements reflect profit-taking after a 168% surge over the past
month, with the price currently at $1.02. The market is undergoing a natural
correction phase following this substantial growth.

Advertisement

What is happening with ADA
Cardano?

ADA has
reached a market cap above $40 billion for the first time in three years, with
futures open interest hitting a 40-month high of $1.18 billion. The network’s
Total Value Locked (TVL) has significantly increased from $230 million to $705
million in December 2025.

Will ADA recover from
current levels?

Technical
analysis and market experts predict ADA will continue its growth trajectory,
with forecasts suggesting prices between $1.21 and $1.34 by the end of December
2024. Long-term projections indicate potential growth to $2.76 by 2025.

Is Cardano expected to go
back up?

Market
analysts maintain a bullish outlook, with predictions for 2024 ranging between
$1.21 and $2.02. Factors supporting this growth include increased whale
accumulation, network developments like the Hydra protocol, and growing DeFi
adoption.

Advertisement
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