ADA Holds Top 10 Spot Despite 2.86% Drop Amid SEC ETF Decision and Japanese Market Surge
Cardano (ADA) is currently trading at $0.6857 on Binance, reflecting a 2.86% decline over the past 24 hours with a 24-hour open of $0.7059; the token remains among the top 10 cryptocurrencies by market capitalization, and liquidity remains high across major exchanges. The recent price drop is attributed to a broader market downtrend over the past week, a 5.83% decline in futures open interest, and ongoing volatility following mixed news, including anticipation around the SEC decision on the Grayscale spot ADA ETF and increased trading activity in the Japanese market; despite short-term bearish momentum, accumulation by large accounts and ongoing ecosystem developments continue to support long-term optimism.
🥇 Taiko Trading Competition Is On!
Win a share of $1M in $TAIKO via Binance Alpha!
Join the latest Binance Wallet-based trading event featuring $TAIKO, a fast-growing Layer 2 project. Trade and climb the ranks to earn from a 1,495,000 $TAIKO prize pool!
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🗓️ Event Period
Starts: May 31, 2025, 06:00 UTC
Ends: June 14, 2025, 06:00 UTC
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🧠 How to Participate
Trade $TAIKO using Binance Wallet (Keyless) or Binance Alpha
Top 11,500 by total purchase volume win
Each winner gets 130 $TAIKO — no max limit!
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📌 Important Rules
Only $TAIKO purchases during the event count
Sales, bridging, and third-party dApps don’t qualify
No volume minimum or cap
Only trades via Binance Wallet or Alpha are valid
Rewards will be sent by June 28, 2025
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🛠️ Getting Started
1. Update your Binance app
2. Set up your Binance Wallet (Keyless)
3. Back it up safely
4. Trade $TAIKO during the event
5. Wait for rankings and rewards after June 14
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🔎 About $TAIKO
Taiko is an Ethereum-equivalent zk-rollup Layer 2, offering speed, decentralization, and developer tools — all while maintaining Ethereum’s core values.
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💡 Pro Tip:
Only purchases count! If you're bullish on $TAIKO, this is a great chance to stack and win.
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