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#CardanoDebate current snapshot for Cardano (ADA) on Binance: š§© Context: āCardano Debateā on Binance Platforms 1. Community & Market Discussion Recent Bitcoin & Stablecoin Treasury Proposal: A $100M ADA treasury idea sparked a volatile ~6% price drop on JuneāÆ13, from ~$0.688 to $0.625, triggering strong community debate and a swift rebound to ~$0.641 . Whae Movements & Technical Pressure: Significant accumulation from large holders (~120āÆM ADA moved over two days) and mixed technical signals (momentum, resistance breaks) dominate Binance Square discussions .. **Delistings Over Time:** ADA leveraged token pairs like ADAUP/ADADOWN were removed in August 2023 to reduce regulatory uncertainty . Spot pairs such as ADA/TUSD were later delisted in mid-2024 due to low liquidity . 3. Binance Platform Evolution Voting Rights Introduced: Binance has updated its listing/delisting rules, enabling community-driven āVote to List/Delistā mechanismsāthis may influence ADAās future listings . ā What This Means for You Volatility on Binance: Technical setups, whale accumulation, and treasury debates continue pushing ADA around the $0.63ā$0.70 rangeāyour attention should be on levels like $0.64, $0.67, and $0.70 . Regulatory Cliff-Risk: Ongoing US regulatory pressure could trigger further pair removals or interruptions. However, Binance is involving its community more in decisions, which may benefit ADA. Long-Term Outlook: If investor confidence maintains (e.g., whale accumulation, development progress), ADA could rebound. But regulatory headwinds and liquidity concerns might hinder momentum. š TL; DR Breakdown Topic Key Insight Price Drivers Treasury debates, whale buys, technical resistance zones. Regulatory .
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