#EOSProject $EOS #EOSProject "I'm excited to share my thoughts about the #EOSProject! As a blockchain enthusiast, I've been following the project's progress and I'm impressed by its potential to revolutionize the way we build and interact with decentralized applications. The EOSIO software is designed to enable fast, secure, and scalable blockchain performance, making it an attractive option for developers and users alike. With its Delegated Proof of Stake (DPoS) consensus algorithm and robust toolset, the #EOSProject is well-positioned to support a wide range of use cases, from gaming and social media to supply chain management and more. I'm looking forward to seeing how the project continues to evolve and grow, and I'm eager to contribute my own skills and expertise to the community. What are your thoughts about the #EOSProject? Do you think it has the potential to disrupt the status quo and create new opportunities for innovation and growth?"
What does Cardano whales buying 10 million ADA tokens in 24 hours mean?
What does Cardano whales buying 10 million ADA tokens in 24 hours mean? Large wallet investors' Cardano stockpiling suggests ADA rises on Tuesday. In the previous 24 hours, whales with 1 million to 10 million Cardano coins added 10 million ADA. After falling almost 2% on Tuesday, ADA has gained over 24% in the last week. Cardano (ADA) falls 2% on Tuesday as traders take profits. Large altcoin wallet investors are rapidly collecting the token. It's usually a good sign for Cardano and might help it rebound. If Cardano's price keeps rising, experts expect a positive breakthrough. These triggers may drive Cardano's surge. Santiment on-chain data suggests whales with 1 million to 10 million ADA coins have 10 million Cardano in their wallet addresses. Between Monday and Tuesday, whales bought ADA tokens. Network realized profit/loss (NPL) is a significant on-chain indicator that tracks all tokens' net profit/loss each day. Tuesday saw a huge jump in NPL but no increase in whale trades above $100,000. While ADA holders benefit, whales may be accumulating and regular traders profit. Whale wallet holdings have increased despite profit-taking, implying regular traders or tiny ADA investors made profits. Cardano prepares for a bullish breakthrough In an exclusive FXStreet interview, Bitget Research Chief Analyst Ryan Lee said: “Market consolidation after recent gains, broader market sentiment, and Cardano's measured ecosystem growth have stalled its price rally around $1.10. This pause might lead to a positive breakthrough if the price breaks $1.40 or a negative shift if it fails to sustain support. Lee cited DeFi ecosystem growth, network upgrades, and prominent collaborations as affecting the altcoin's direction. Bitcoin and regulatory changes might affect ADA's price. In the medium term, a breakthrough indicates ongoing rising momentum, whereas a drop may indicate retracement, he added. $BTC $ETH $ADA
Rounded Bottom Formation: #TAO has completed a rounded bottom pattern, indicating a strong bullish reversal. Descending Channel Breakout: Price has broken out of a descending channel, signaling renewed upward momentum.