Greed

Ethereum

Cardano

Bitcoin

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p dir="ltr">Cardano (ADA) is currently&nbsp;<a href="https://u.today/cardano-heres-why-long-term-holders-are-buying-more-ada" rel="noopener noreferrer nofollow">making waves</a> in the crypto space, with its social mentions potentially outshining even Bitcoin (BTC), the&nbsp;<a href="https://u.today/bitcoin-50000-btc-has-to-go-higher-pompliano-predicts-and-not-because-of-halving" rel="noopener noreferrer nofollow">reigning king</a> of cryptocurrencies. Recent&nbsp;<a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">data</a> reveals a surge in interest and activity surrounding ADA, reflecting positively on its price movements and market capitalization.&nbsp;</p>
<h2 id="cardano-s-market-performance">Cardano's market performance</h2>
<p dir="ltr">As of the latest data, ADA is trading at $0.5738, demonstrating a 3.8% increase in the past day alone. This surge in value has propelled its market capitalization to $20.3 billion, showcasing a similar 3.8% increase.&nbsp;</p>
<p dir="ltr">The current sentiment toward Cardano's price prediction appears bullish, with the Fear &amp; Greed Index standing at 74 (Greed), indicating growing investor optimism. Furthermore, Cardano boasts a circulating supply of 33.82 billion ADA out of a maximum supply of 45.00 billion ADA, highlighting its potential to meet liquidity demands amid adoption growth on the market.</p>
<p dir="ltr">A notable catalyst fueling the buzz around Cardano is the chatter on social media platforms, particularly X. Many users have taken to the platform to discuss Cardano's future, with a particular focus on its potential to touch the $1 mark and its correlation with Bitcoin's movements.</p>
<blockquote>
 <p lang="en" dir="ltr">I don’t think Cardano will break $1 before Bitcoin halving.If it does I’ll give someone in the comments 1,000 <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ADA</a>.Like and repost!</p>— Dan Gambardello (@cryptorecruitr) <a href="https://twitter.com/cryptorecruitr/status/1757609182755168351?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 14, 2024</a>
</blockquote>
<p dir="ltr">Dan Gambardello, Founder of Crypto Capital Venture, recently sparked conversation by&nbsp;<a href="https://twitter.com/cryptorecruitr/status/1757609182755168351" rel="noopener noreferrer nofollow">expressing</a> skepticism about Cardano's ability to break $1 before the Bitcoin halving scheduled for April. Such debates have sparked conjecture and interaction in the cryptocurrency community, with many keeping a close eye on Cardano's performance in comparison to Bitcoin's parabolic movement.</p>
<h2 id="insights-from-cardano-s-founder">Insights from Cardano’s founder</h2>
<p dir="ltr">Amid this lively discourse, Cardano founder Charles Hoskinson has added fuel to the fire by highlighting regulatory differences between Cardano and Ethereum.&nbsp;</p>
<p dir="ltr">Hoskinson&nbsp;<a href="https://twitter.com/IOHK_Charles/status/1757536500164776440?s=20" rel="noopener noreferrer nofollow">pointed out</a> that while Ethereum staking may be a regulated activity in Switzerland, Cardano remains unaffected by such regulations. He emphasized the fundamental differences between custodial and noncustodial protocols, hinting at the underlying mechanisms that distinguish Cardano's approach.</p>
<p dir="ltr">In an earlier&nbsp;<a href="https://u.today/cardano-founder-reveals-next-big-upgrade-for-ada" rel="noopener noreferrer nofollow">report</a>, Hoskinson shed light on the upcoming Plutus V3 upgrade, scheduled to accompany the Chang hard fork. This enhancement promises to revolutionize Cardano's dApps ecosystem and enhance blockchain interoperability.</p>

Cardano (ADA) Might Be Outshining Bitcoin in Social Mentions

Table of Contents

U_Today

Outros artigos publicados em 14 de fev. de 2024

Happy Valentine's Day

Next Cryptocurrency to Explode Wednesday, February 14 – Aptos, USDD, Klaytn

Next Cryptocurrency to Explode Wednesday, February 14 – Aptos, USDD, Klaytn

Decred price prediction 2024-2030: Is DCR a good long-term investment?

Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts

Bitcoin Struggles for Green as Altcoins Show Mixed Signals

Join our free newsletter for daily crypto updates!