Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[aryan4]

Cardano (ADA), one of the six largest cryptocurrencies, gained more than 20% in the first two of February. When the time zone is increased to one month, it is possible to see the ADA price doubling.
The following 3 factors are cited as the main reasons for the increase:
--- A more decentralized Cardano
--- Grayscale became the center of attention with the news
--- its community continues to grow
What do you think of this popular altcoin?

 

[Ewogboka]

I think the boost started when the total supply of the coin was about finishing and I guess by now it might be finishing or finished. For now we hope the coin will continue to be rising like how it has been performing.

I have not checked the total volume of the coin available for trading and the total volume in circulation , these criterias are very important to determine the future of a coin

 

[Rollerkid]

I have not checked the total volume of the coin available for trading and the total volume in circulation , these criterias are very important to determine the future of a coin

Sure, these two factors are very important in determining the future of every coin. Currently l can't tell whether the total supply is reached or not, but the first time I checked it was reaching.

 

[Ewogboka]

From the f

Sure, these two factors are very important in determining the future of every coin. Currently l can't tell whether the total supply is reached or not, but the first time I checked it was reaching.

From the data available the total supply of the coin is 44,999,999,000 and the circulating supply is 31,948,308,500, we have about 13 billion available.

 

[Rollerkid]

From the f

From the data available the total supply of the coin is 44,999,999,000 and the circulating supply is 31,948,308,500, we have about 13 billion available.

Thanks a lot for updating. I know by the time the total supply is reached, the coin will increase even more than the way we might be expecting it to be doing. I think it's still not too late to invest in this coin.

 

[Wisdom01]

It's at 1.33$ now based on coingecko and it is at #3 from market capitalization, and it's still going in a bullrun now despite other crypto entering the bearish market

I was suprise that after reaching $1.33 the bullish run of the coin still continue and i was expecting it to stop, but my preduction failed i think

 

[aryan4]

Cardano gained momentum this 2021 and increased in very short period we least expected the coin could do such. And even with that many people are still considering investing in the coin and that means it can still grow.

Some articles and some analyst comments still have posts about upward expectations. I don't know if there will still be a new bullish wave, but the coin seems to be quite popular.

 

[Rollerkid]

Some articles and some analyst comments still have posts about upward expectations. I don't know if there will still be a new bullish wave, but the coin seems to be quite popular.

The coin became popular this year because of the strong bullish run it took. I'm quite sure the coin Will continue to rise like how the analyst are predicting especially when many organizations are still investing in it.

 

[Rollerkid]

I was suprise that after reaching $1.33 the bullish run of the coin still continue and i was expecting it to stop, but my preduction failed i think

But your prediction did not fail you totally, at least the coin finally stopped rising and it's currently down by some percentage so that new investors can enter the market.

 

[Wisdom01]

But your prediction did not fail you totally, at least the coin finally stopped rising and it's currently down by some percentage so that new investors can enter the market.

I was expecting a huge drop from the coin , but was suprise that the drop wasn't what i was expecting after the coin price reaching $1.34 i think

 

[Rollerkid]

I was expecting a huge drop from the coin , but was suprise that the drop wasn't what i was expecting after the coin price reaching $1.34 i think

Yeah, the coin did not drop much after the bullish run. I'm just thinking maybe the coin May not drop below a dollar again when checking the bearish period of the coin.

 

[Wisdom01]

Yeah, the coin did not drop much after the bullish run. I'm just thinking maybe the coin May not drop below a dollar again when checking the bearish period of the coin.

Well in crypto currency anything is bound to happen , because most times whales do control the market i think and when the coin price falls below $1 it would rise fast

 

[Rollerkid]

Well in crypto currency anything is bound to happen , because most times whales do control the market i think and when the coin price falls below $1 it would rise fast

You are right about this. And if the coin tries dropping below one dollar per coin, small investors will get the chance to buy the coin again before the whales will push price up again.

 

[Wisdom01]

You are right about this. And if the coin tries dropping below one dollar per coin, small investors will get the chance to buy the coin again before the whales will push price up again.

Yeah i think most whales do buy at the dip too so that when the price increases they would take the profit of those small investors i think

 

[Rollerkid]

Yeah i think most whales do buy at the dip too so that when the price increases they would take the profit of those small investors i think

Since it's investment, the whales too look for ways to make more profit. But we the small investors have to always act fast before those whales start acting.

 

[sh199]

Cardano (ADA), one of the six largest cryptocurrencies, gained more than 20% in the first two of February. When the time zone is increased to one month, it is possible to see the ADA price doubling.
The following 3 factors are cited as the main reasons for the increase:
--- A more decentralized Cardano
--- Grayscale became the center of attention with the news
--- its community continues to grow
What do you think of this popular altcoin?

ADA's community is growing rapidly. many small traders are investing in it for the longterm. In fact, some of my friends already invest in it, and others and researching it. It has much potential to rise the value

 

[Dora_WalletInvestor]

Thanks a lot for updating. I know by the time the total supply is reached, the coin will increase even more than the way we might be expecting it to be doing. I think it's still not too late to invest in this coin.

I think so too, it's not too late at all. It really seems to have a lot of potential and given that it is all over the news lately, I'm sure more people will want in on it in the future.

 

[Wisdom01]

Since it's investment, the whales too look for ways to make more profit. But we the small investors have to always act fast before those whales start acting.

Yeah because those whales are the one in charge and if we dong know when to carry out our profit after seeing the increase then there might be problem

 

[Rollerkid]

I think so too, it's not too late at all. It really seems to have a lot of potential and given that it is all over the news lately, I'm sure more people will want in on it in the future.

Yeah, it's not too late to still invest in the coin ADA. Even though I had some l'm still making plans to add especially if it comes below a dollar each again at any time.

 

[Rollerkid]

Yeah because those whales are the one in charge and if we dong know when to carry out our profit after seeing the increase then there might be problem

That is the point. For the short term investors of the ADA coin, l know most will cash out their trades when the coin was above $1.3 and will be thinking of entering again at this time of the correction.

 

[Josemendez]

Cardano is rising because it has shown some potentials which has attracted the interest of many investors which has made them invest heavily in it , thus the rise