Cardano, Shiba Inu’s Reign Is Over: Holders Are Turning to This New Crypto
#BNBChainMeme Cardano (ADA) and Shiba Inu (SHIB) have long dominated the crypto space, attracting millions of holders. However, many are now shifting their focus to an emerging project, Minotaurus (MTAUR), which is gaining traction with its ongoing presale. The presale has already reached the fourth tier, with MTAUR currently priced at 0.00010504 USDT, while the listing price is set at 0.0002 USDT.
Cardano (ADA) Faces Selling Pressure Despite Recent Momentum
Cardano (ADA) has seen a massive sell-off from large holders, with 330 million ADA tokens moved to exchanges in recent days. Despite the pressure, ADA has managed to recover, trading around 0.75 USDT after falling to 0.60 USDT earlier this month.
Technical indicators show that ADA is struggling to maintain its uptrend, with resistance at 0.82 USDT and crucial support at 0.65 USDT. Should ADA fail to hold above support, analysts are warning of a potential drop to 0.51 USDT. Trading volume has also declined, signaling reduced market activity.
While some predict that ADA could reach 1.50-2.00 USDT by mid-2025, holders are becoming cautious. Many are shifting their focus to newer projects with stronger incentives.
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