Laughing, that's just putting the cart before the horse, no different from stocks.
Binance News
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Riot Platforms Executive: Suggests Ethereum Foundation go public on NASDAQ and execute ETH treasury strategy through convertible bonds
According to ChainCatcher, Ethereum co-founder Vitalik Buterin stated that the Ethereum Foundation has set two core goals: to increase the usage of Ethereum and to enhance its resilience and decentralization.Riot Platforms Vice President of Research Pierre Rochard questioned the usefulness of these goals in increasing ETH value, considering them partly clichés. Rochard suggested that the Ethereum Foundation should go public on NASDAQ and execute the ETH treasury strategy through convertible bonds.
Wasting time, just pulling a metric counts as an explanation?
YuninG2020
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$ADA
To Blockchain Daily audience/derek fans: Please stop the fantasies about Cardano's ADA this year; this bull market cannot create a new historical high.
Microsoft launches first quantum computing chip Majorana 1, which may threaten cryptocurrency
According to Cointelegraph, Microsoft released its first quantum computing chip, Majorana 1, on February 19, joining the ranks of companies pursuing the technology. The chip is made of semiconductors and superconductors, using substances different from solids, gases and liquids.
Microsoft CEO Satya Nadella said that this breakthrough will shorten the time it takes to realize quantum computers from decades to a few years. Microsoft Executive Vice President Jason Zander said that it took nearly a hundred years for this theory to be verified after it was proposed in 1937.
Microsoft's research results were published in the journal Nature on February 19. Quantum chips process information differently from traditional computer chips. Quantum bits can represent 0 and 1 at the same time, thus solving problems faster.
**Scenario Analysis: The likelihood of ADA reaching $10 by 2025**
Let's assume we take a look at past cryptocurrency market trends:
- **2021 Cryptocurrency Market Growth**: - In January 2021, the total cryptocurrency market capitalization was about $1 trillion. - By November 2021, the total market capitalization grew to about $3 trillion, three times the value at the beginning of the year.
Now, we will apply this trend to 2025:
- **2025 Cryptocurrency Market Forecast**: - Currently, the total market capitalization for January 2025 is estimated to be around $3.5 trillion. - Assuming future growth is not as dramatic, it may grow to: - 2 times: total market capitalization of about $7 trillion. - 3 times: total market capitalization of about $9 trillion.
Therefore, we predict that the total market capitalization in 2025 will be between $7 trillion and $9 trillion.
**Path for ADA to reach $10**:
- **Past Market Share**: - At the last market peak, ADA held about 3.5% to 4% of the total market capitalization.
- **Future Market Share Assumptions**: - If ADA can maintain this market share at the next peak, here are the potential market capitalizations: - With a total market capitalization of $7 trillion: - ADA's market capitalization = $245B to $280B. - With a total market capitalization of $9 trillion: - ADA's market capitalization = $315B to $360B.
- **Price Estimation**: - Assuming ADA's circulating supply is 3.513 billion: - Market capitalization of $245B-$280B corresponds to an approximate price of $7-$8 per ADA. - Market capitalization of $315B-$360B corresponds to an approximate price of $9-$10 per ADA.
**Feasibility Considerations**:
While these numbers may seem encouraging, the actual likelihood of achieving such a high market capitalization must take multiple factors into account:
- **Market Capitalization Comparison**: Ethereum (ETH) reached a market capitalization of $40-50 billion in the last cycle, but such comparisons may not necessarily continue. - **Diminishing Returns**: Future market growth may not be as significant as in the past. - **Competition**: More projects may take market share from larger crypto assets.
The conclusion is that ADA reaching $10 is an extremely optimistic forecast. I believe a more realistic target for ADA is around $5-6, while reaching $8-11 would require very favorable market conditions.
✅️Cardano hits 1m TPS with Hydra ✅️Charles works on Crypto Policies in Washington ✅️Bitcoin liquidity in Cardano DeFi incoming ✅️SpaceX announcement pending
The currency decoupled is the national currency of South Korea, not cryptocurrency.
旺王
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Something big happened in South Korea, BTC plummeted to 60,000, Dogecoin fell 50%, and it was completely decoupled! 🤯 In the last bull market, the Americans used Luna to harvest the entire Korean stick
The Americans used FIL to harvest the Chinese mining and currency circles
The Americans used FTX to harvest the entire traditional American investment banks, institutions and leeks
At present, the cryptocurrency market is mainly controlled by Wall Street in the United States. The United States needs cryptocurrency to save the country and solve debts, so for example, focus on the main American pull-up sectors, such as artificial intelligence, RWA, and DeFi sectors.
#Cardano is about to complete 100 million transactions
Hacked for 7 years, but no hacker has ever succeeded (eth and sol haven't achieved this record No chain has ever broken in 7 years (sol and ton will For 7 years, you won't pay for failed transactions (sol will For 7 years, it won't take the opportunity to hijack GAS (eth will It will also support multi-signature transactions, enhancing performance while saving users money (the only one in the entire network The most decentralized ecosystem chain, and the only UTXO ecosystem chain The above points are based on the premise of almost solving the three difficult problems (there are not many blockchains that are genuinely serious about solving the impossible triangle problem, and many blockchain media won't tell you how bad their security and decentralization are, they only hype performance, such blockchains are unlikely to become mainstream)
The birth of BTCos has changed the entire game, but most people are still unaware. Thanks to Bitcoin also being UTXO, Cardano has become the only option for the Bitcoin smart contract layer. Similarly, for other traditional UTXO blockchains, if they want to expand the smart contract layer, Cardano is the only option. The Tokeo project is about to take the first shot, and this will be a new trend in the cryptocurrency space.
Fun fact: If just 1% of Bitcoin's liquidity flows into Cardano, the price increase could multiply by unknown factors.
This information has been available for a long time, so do you still think the price surge is driven by news? Real useful information must be explored by oneself when no one is paying attention; most people won't do it and truly deserve to chase high prices, becoming the fodder for media and speculators. $ADA #Nikepig $BTC
🚨New bullish events that can send $ADA to $2 by end of the year.🚨
✅Cardano will be among the platforms of the US blockchain voting system. ✅@IOHK_Charles visited SpaceX saying he will close the deal of his life. ✅Gary Gensler hinting to resign.$ADA
BLACK - rising wedge to (1) which needs one final leg up to ~ $10. Look for bearish div. between 3 and 5. Recession: sharp to (2), then momentum wave (3).
BLUE - price is about to enter wave 3 within (3) targeting ~$40. Recession: sharp to 4 > $3.2$ADA