Cardano

2024

Bitcoin

April

<ul> 
 <li>Cardano has traded below $1 since April 2022, facing debates on its potential.</li> 
 <li>Despite lagging behind Bitcoin’s recent surge, Cardano shows resilience at $0.575.</li> 
 <li>Upgrades like Plutus V3 aim to enhance dApp support and interoperability, sparking surges.</li> 
</ul> 
<p>A lively debate has emerged around whether <a href="https://thenewscrypto.com/?s=Cardano" target="_blank" rel="noreferrer noopener">Cardano</a> can reach $1 before Bitcoin’s upcoming halving event in April 2024. While Bitcoin recently surged to over $52k, Cardano has lagged behind, fueling discussions around the altcoin’s potential.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">I don’t think Cardano will break $1 before Bitcoin halving.<br><br>If it does I’ll give someone in the comments 1,000 <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ADA</a>.<br><br>Like and repost!</p>— Dan Gambardello (@cryptorecruitr) <a href="https://twitter.com/cryptorecruitr/status/1757609182755168351?ref_src=twsrc%5Etfw">February 14, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-bitcoin-halving-history-points-to-price-rallies"><strong>Bitcoin Halving History Points to Price Rallies</strong></h2> 
<p>Bitcoin halving events, which occur about every four years, have led to significant BTC price increases historically. With the next halving set for April 2024, where block rewards fall to 3.125 BTC, anticipation around Bitcoin’s limited 21 million total supply has grown.</p> 
<p>Previous halvings in 2012 and 2016 sparked major Bitcoin bull runs. As such, the 2024 event is expected to be hugely influential in shaping Bitcoin’s value trajectory.</p> 
<h2 class="wp-block-heading" id="h-cardano-faces-multiple-dynamics-on-road-to-1"><strong>Cardano Faces Multiple Dynamics on Road to $1</strong></h2> 
<p>Despite its lower market cap, Cardano has traded below $1 since April 2022. While historically moving in line with Bitcoin, debate centers on whether recent BTC rallies should have lifted the ADA higher.</p> 
<p>However, at $0.575 currently, Cardano shows resilience, with a 6% gain over 24 hours. Upgrades like the upcoming Plutus V3, enhancing dApp support and interoperability, have also sparked 8.4% surges lately.</p> 
<p>Factors like Cardano’s discounted value, resistance at $1, and positive ecosystem upgrades suggest its path to $1 may diverge from Bitcoin’s halving impact alone. With a 6% market cap rise to over $20 billion recently, nuanced sentiments exist around the debate.</p>

Can Cardano (ADA) Hit $1 Before Halving?

Mục lục

TheNewsCrypto

Các bài viết khác được xuất bản trên 15 thg 2, 2024

Coinbase Shares Up 9% at Market Open as Crypto Exchange Set to Report Earnings

XRP Spotlight as Stablecoin Discussions Surge

Bonkbot vs. Bitbot: Predicting the Ultimate Crypto for 2024 Gains

ArbDoge AI Crypto Breaks Above 200 EMA: Can AIDOGE Maintain Pace

Crypto Analyst Predicts Parabolic Price Rise for XLM and KangaMoon (KANG), XRP Validates Potentia...

Galaxy analysts: 20% drop in Bitcoin’s hash rate coming following halving

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!