What’s Going on With ADA? Here’s The Cardano News You Missed While Shitcoining
In the latest Cardano news, ADA is integrating Bitcoin via BOS, yet, despite bullish project announcements, ADA price remains stagnant.
Meme coin trading has stolen the headlines in recent weeks, even surprisingly stealing attention from all of the recent (and massive) Cardano news.
From GOAT, MooDeng, and all other entertainment tokens, traders focus so much on chasing 10X gains that they forget about projects that nearly guarantee success over the years.
Cardano Growing, Integrates BOS: Will It Successfully Tap The $1.2 Trillion Bitcoin Liquidity?
Cardano is one of these projects in the top 10, at least according to what its roadmap promises.
Everything about the smart contracts platform is well mapped out. They built from Byron to Goguen and Voltaire, decentralizing governance while building on the ideals laid out by Bitcoin, which is an unspent transaction output (UTXO) system.
Throughout its development journey over the years, Cardano stands out for its dedication to creating a smart contracts platform on a equally robust and secure layer like Bitcoin.
Last week, Cardano announced its integration with BitcoinOS (BOS), seeking to tap into Bitcoin’s liquidity, which is currently over $1.2 trillion–and projected to rise.
BOS is a Bitcoin smart contracts protocol. With Cardano integration, the broader Bitcoin DeFi ecosystem gets an automatic boost, allowing BTC holders to access services trustless and securely.
You might be asking yourself, how does this happen?
Well, the Grail Bridge enables the integration of BOS-Cardano. This solution allows users to move assets between BOS and Cardano without relying on an intermediary.
Accordingly, BTC holders will be able to transfer assets to Cardano.
Despite the Positive Cardano News: Why Is ADA Price Struggling?
Even with the excitement, ADA
Price
Trading volume in 24h
Last 7d price movement
is under immense selling pressure.
Although the coin is trading above $0.30, Cardano bulls are yet to clear $0.40 and print new H2 2024 highs.
(ADAUSDT)
There was an attempt in late September when ADA broke above $0.40, but prices retraced throughout October, falling to as low as $0.30.
Analysts are bullish on ADA, expecting the coin to print higher highs over the years.
Unless ADA breaches above local liquidation levels, sellers will be in control in the short term.
DISCOVER: The Next 100X Cryptocurrencies in November 2024
Traders Diversifying Into Top-Performing Flockerz Meme Coin
Savvy investors are aware of the risks and are actively diversifying.
As meme coins take over, some pour thousands into Flockerz (FLOCK), a community-first mem coin project.
Flockerz is increasingly becoming a fresh alternative for investors looking to tap into meme coin platforms offering real value to the community.
For this reason, Flockerz is quickly gathering momentum, raising over $1.2 million in the ongoing presale.
Cardano investors are banking on Flockerz’s innovative Vote-to-Earn (V2E) mechanism.
It is a platform that will give power to token holders, rewarding them when they participate in governance.
With token holders voting, helping shape how the project evolves, they are empowered while concurrently earning rewards.
FLOCK will be distributed to participants who actively participate in governance to encourage more people.
At the current presale stage, FLOCK is available for just $0.0059334.
However, once the presale ends and the token lists on top exchanges like Uniswap, analysts predict a quick 10X.
Ahead of this, presale investors can choose to stake, increasing their haul.
The FLOCK staking yield is 1,341% APY but will reduce as more stakers lock their assets.
Approximately 2.4 billion tokens are set aside for the presale.
If you haven’t grabbed your share yet, head to the project’s official website.
Connect your wallet (like Best Wallet) and purchase $FLOCK tokens using ETH, BNB, USDT, or a bank card.
You can feel confident knowing that Flockerz’s smart contract has been fully audited by Coinsult, with no critical errors found.
Stay in the loop with the Flockerz community on X and Telegram for the latest updates.
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