Cardano

Dice

2024

Million

Passive Income

The Cardano price dropped 1% in the last 24 hours <a href="https://www.geckoterminal.com/bsc/pools/0x673516e510d702ab5f2bbf0c6b545111a85f7ea7" rel="noopener noreferrer nofollow">to trade at $0.3321</a> as of 03:41 a.m. EST on trading volume that jumped 13% to $186 million.
This comes as Cardano founder Charles Hoskinson challenged the ADA community with a $1 million bounty to hack Lace Paper Wallet. The initiative to hack the wallet contributes to the platform’s security.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 If you can hack it; You can keep it! 1 million dollars! <a href="https://t.co/TTtHocHHbs" rel="noopener noreferrer nofollow">https://t.co/TTtHocHHbs</a>
 — Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1824694973738127541?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 17, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The challenge will open until the end of 2024 or until someone successfully claims the bounty by hacking the wallet.
<h2 id="cardano-price-aims-for-a-breakout-above-the-consolidation-phase">Cardano Price Aims For A Breakout Above The Consolidation Phase</h2>
The Cardano price has been trading in a consolidation phase since August 5, within a sideways pattern, as the bulls faced resistance around the $0.34 resistance zone, data from <a href="https://www.geckoterminal.com/bsc/pools/0x673516e510d702ab5f2bbf0c6b545111a85f7ea7" rel="noopener noreferrer nofollow">GeckoTerminal</a> shows.
The Relative Strength Index (RSI) trades within the neutral zone, currently at 46, which shows that the asset is poised for a breakout.
Moreover, the Moving Average Convergence Divergence (MACD) also shows signs of a bullish trend, as the MACD trades above the neutral line. 
The blue MACD line also crosses above the orange signal line, which represents a bullish crossover.
If the bulls could capitalize on the MACD and the RSI to push the price above the sideways pattern, the price could then soar, as the bulls target $0.40.
<figure id="attachment_566221" aria-describedby="caption-attachment-566221" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-566221 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46.png" alt="Cardano Price Chart Analysis Source: GeckoTerminal.com" width="1255" height="508" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46.png 1255w, https://insidebitcoins.com/wp-content/uploads/2024/08/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46-300x121.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46-1024x414.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46-768x311.png 768w" sizes="(max-width: 1255px) 100vw, 1255px">
 <figcaption id="caption-attachment-566221" class="wp-caption-text">
 Cardano Price Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure>
However, the price of Cardano still trades below both the 50-day and 200-day Simple Moving Averages (SMAs), which could prompt the bears to take control of the price, as they target $0.40.
Meanwhile, as the ADA price bulls aim for a breakout above the sideways pattern, investors are snapping up the new Solana GameFi token <a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="noopener noreferrer nofollow">Mega Dice (DICE)</a>.
Influential crypto YouTuber TodayTrader predicts a potential “Easy 100x” return post-launch.
<iframe title="🔥 THE #1 GAMEFI COIN ON SOLANA - Easy 100X - Do Not Miss Mega $DICE" width="640" height="360" src="https://www.youtube.com/embed/K0MN3ZNxAFk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="gamefi-sensation-mega-dice-zooms-past-1-7-million">GameFi Sensation Mega Dice Zooms Past $1.7 Million</h2>
Mega Dice is shaking up the crypto gaming landscape as it hurtles toward the $2 million mark in funds raised in its ICO.
The project stands out as a top brand in the crypto casino domain, boasting over 10,000 active players monthly and exceeding $50 million in monthly wagering.
 Players enjoy over 4,000 casino games and 50 sports and eSports betting options.
DICE will be the leading GambleFi token on Solana and aims to challenge casino sector titan Rollbit Coin.
DICE has seamless integration with the popular TON Wallet on Telegram, making it easier to manage funds.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Mega Dice casino now supports the best Telegram wallet! <a href="https://twitter.com/hashtag/TON?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#TON</a>💳
 Easily use your TON by choosing it as your deposit method and connecting your wallet in just a few steps. Start playing and winning today! 🔥
 Join now👇<a href="https://t.co/FjIFjfAnCY" rel="noopener noreferrer nofollow">https://t.co/FjIFjfAnCY</a> <a href="https://t.co/hlqt50vBUF" rel="noopener noreferrer nofollow">pic.twitter.com/hlqt50vBUF</a>
 — Mega Dice Casino (@megadice) <a href="https://twitter.com/megadice/status/1821109134764171534?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 7, 2024</a>
</blockquote>
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Token holders also stand to share in the casino’s profits daily through its unique staking system.
To join the presale, <a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="noopener noreferrer nofollow">you can buy $DICE on the official website here</a> for $0.105266 per token using BNB, ETH, or SOL. 
With a price hike coming in about a day, buy soon to secure the best price.&nbsp;You can also earn 10% on any purchases made by investors you refer.
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Cardano Price Prediction: As Charles Hoskinson Offers $1 Million To Hack Lace Paper Wallet, This Solana GameFi ICO Closes On $2M

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