Cardano’s ADA fell 7%, taking the cryptocurrency’s value to US$0.55. But, investors need not worry, as Cardano continues to stand out in the world of cryptocurrencies.
Cardano is gaining prominence in DeFi, with TVL rising to over $430 million, according to DeFiLlama. This shows Cardano’s continued growth in the cryptocurrency scene.
This places Cardano among the top 12 DeFi networks in the world. Different platforms are helping Cardano grow. Indigo, which makes synthetic assets, has more than $100 million locked up.
Minswap and Liqwid are also contributing heavily, with nearly $95 million and $48 million locked. These platforms are helping Cardano stand out in the DeFi sector.
As more real applications are built on Cardano, the platform is growing. With more value going to these applications, demand for ADA increases in the long term, even though prices can be volatile in the short term.
According to altFINS technical analysis, Cardano is doing well, maintaining an upward trend on different timeframes. Recently, ADA price rose after breaking out of an ascending triangle pattern.
However, upon reaching resistance around $0.65, it became slightly overbought, indicated by an RSI above 75. This led to a small decline on December 14th.
Meanwhile, the new Bitcoin Minetrix project attracts traders’ attention by raising millions in the pre-sale phase.
>>> Visite o Bitcoin Minetrix <<<
Bitcoin Minetrix innovates the Bitcoin mining concept
Bitcoin Minetrix is a new cryptocurrency project that promises to make it easier for investors to mine Bitcoin.
The project allows anyone to earn Bitcoin by staking the token, making Bitcoin mining accessible to traders of any experience level without the need for expensive equipment or working with high energy costs.
It’s a simple way for everyone to earn BTC through an easy staking model. As BTCMTXwhoever stakes the tokens earns mining credits.
Anyone can profit from Bitcoin price increases easily. Upfront costs are low, especially during token presales, and staking yields have the potential to grow quickly.
On Bitcoin Minetrix, you can withdraw and sell your tokens whenever you want, bringing transparency to cloud mining. The Bitcoin Minetrix pre-sale is nearing its end and the project has already raised more than US$5.6 million in investment.
Bitcoin Minetrix token distribution was carefully planned
Bitcoin Minetrix has carefully planned how to distribute its 4 billion tokens to contribute to the community. The 42.5% goes to miners, recognizing their role in network security.
A 35% portion will be allocated to marketing, promoting the token through campaigns. A total of 15% will go back to the community, rewarding holders and supporting growth.
Finally, 7.5% will be allocated to rewarding staking investors, encouraging participation and security.
Bitcoin Minetrix roadmap seeks project success
In the beginning, Bitcoin Minetrix focused on building a strong foundation. Creators sought to understand users’ needs through research and consultancy, while developing token, pre-sale and staking contracts.
They then released a timeline for the BTCMTX campaign, covering pre-sale, launch, token claiming and exchange listings, along with a marketing campaign.
In the next phase, they will focus on technological development, creating software for mobile and desktop apps, expanding the development team.
Additionally, they will negotiate with cloud mining conglomerates to strengthen mining capacity and expand listings on centralized exchanges.
How to participate in the Bitcoin Minetrix pre-sale
Interested investors can purchase the BTCMTX token by following these simple steps:
- Step 1: Download a Web3 wallet.
Download a wallet like MetaMask to participate in the BTCMTX presale.
- Step 2: Access the BTCMTX presale
Go to the official BTCMTX presale page to connect your wallet.
- Step 3: Connect your Web3 wallet
On the website, click “connect wallet”, choose your Web3 wallet and enter your password. Choose ETH, USDT or BNB to buy BTCMTX.
- Step 4: Complete the transaction
Enter the desired amount of BTCMTX and complete the transaction.
- Step 5: Staking de tokens BTCMTX
If you want to stake to get APY, click on the corresponding icon, choose the amount and duration.
- Step 6: Claim your tokens
Tokens purchased during the pre-sale will be stored until TGE. The project will inform you when you can claim the tokens. Return to the website, log in and click “Claim” when available.
>>> Visite o Bitcoin Minetrix <<<
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.
Source: https://portalcripto.com.br/cardano-ada-passa-por-aumento-e-mostra-sinais-de-recuperacao-novo-projeto-passa-por-pre-venda-promissora/
