Cardano

PawFury

IntroductionThe influx of whales into Cardano (ADA) wallets has skyrocketed by 1,218%, influencing potential price movements. As ADA rebounds from recent lows, the network gears up for an upgrade, while large holders continue to shape market dynamics. In parallel, Pawfury (PAW) emerges as a promising cryptocurrency with innovative features and high growth potential.Cardano Sees Significant Increase in Whale InflowsCardano (ADA) has experienced a notable surge in whale inflows, with on-chain data from IntoTheBlock showing a 1,218% increase. The key metric tracks tokens entering wallets holding at least 0.1% of Cardano’s circulating supply. This surge was observed from July 8 to July 9, jumping from 14.51 million ADA to 110.82 million ADA, marking a 3815.9% increase from July 7’s 2.83 million ADA.This activity among large holders, colloquially known as whales, has potential implications for ADA’s price movements. While ADA recently hit a low of $0.3211, it has since rebounded to $0.3936, rising by 2.25% in the past 24 hours. This positions ADA near a breakout from a falling wedge formation on the price chart, indicating a possible 70% price surge above the $1 mark.The Cardano network is also set to launch a forthcoming upgrade, contributing to its developmental progress. Current data indicates that whales, owning between 10 million and 100 million ADA tokens, control 36.26% of the total supply, significantly impacting the market dynamics.Pawfury (PAW): A Promising Investment OpportunityIn parallel with traditional cryptocurrencies like Cardano, Pawfury (PAW) is a pioneering cryptocurrency revolutionizing the market with its cutting-edge ecosystem. Pawfury (PAW) features advanced decentralized applications (dApps), a bustling NFT marketplace, and lucrative high-yield staking opportunities, delivering real-world value and significant returns.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/0f6115109d86489a9c3d8409c227220e.webp" />Having raised $4.21 million in its presale and currently priced at $0.01041, Pawfury (PAW) is attracting substantial attention. Analysts forecast a potential price increase to $5 by the end of 2024, equating to a remarkable 13,000% ROI. Upcoming listings on major exchanges will enhance accessibility and drive value higher. Celebrate Pawfury (PAW)’s success with a limited-time offer of an additional 10% for first-time buyers using promo code &#39;BONUSGAIN10X&#39;.ConclusionAs Cardano (ADA) sees a significant rise in whale inflows, indicating potential price movements, the crypto market remains dynamic with emerging opportunities. Pawfury (PAW) stands out with its innovative ecosystem and strong growth potential, offering substantial returns for early investors. To maximize investment opportunities, it&#39;s crucial to stay informed and conduct thorough research. Take advantage of Pawfury&#39;s limited-time 10% bonus using the promo code &#39;BONUSGAIN10X&#39; and explore the promising future it holds.For further details on Pawfury, please visit:Website:<a href="https://www.pawfury.com/" rel="noopener noreferrer nofollow"> https://www.pawfury.com/</a>Twitter:<a href="https://x.com/Paw_Fury" rel="noopener noreferrer nofollow"> https://x.com/Paw_Fury</a>

Cardano Whales Are Making Waves – What This Means for Prices!

TheBitTimes

Other articles published on Jul 17, 2024

CEX Native Blockchain Trends

DAMN, It's Sol Killer! A Memecoin Memeing Its Way to the Moon

MoonBag Meme Coin Soars with Security & Scalability as GALA & Polygon Face Turbulence

Ethereum Eyes $4K: Can ETH Continue Its Meteoric Rise?

LayerZero – A Deep Dive

Discover the Next Big Altcoins Before They Explode (2024)

Join our free newsletter for daily crypto updates!