Published
11 months ago on
April 29, 2023
Are you looking to add cryptocurrency to your investment portfolio? Look at Collateral Network (COLT), a project currently in its presale run that is predicted to soar by 35x soon. This is an excellent jump, with some experts even claiming it could provide more return on investment (ROI) than known coins such as Cardano (ADA) and Dogecoin (DOGE).
The Lace Wallet, IOG's first native Cardano (ADA) network wallet, was just made public. With direct access to the Cardano (ADA) network, this wallet allows users to run decentralized apps built on the Cardano (ADA) platform.
This news sparked a slight jump in the Cardano (ADA) value as, at the time of writing, it trades at $0.4352 with a market cap of $15 billion, up 5.15% in the past 24 hours. The trading volume for Cardano (ADA) has also increased by 63% in that same period, reaching $714,331,992.
A bullish sentiment can also be seen for the crypto, with most of the technical indicators for Cardano (ADA) currently showing buy signals. Experts predict that $0.55 may be the bulls' primary objective for the rest of the year. But, some Cardano (ADA) holders may find this valuation underwhelming as the all-time high of $3.09 may not be reached any time soon.
Elon Musk has reportedly offered a bounty of 1 million Dogecoin (DOGE) tokens to those who can prove that he has an emerald mine, suggesting that he is tired of the accusations. For Musk, who is listed as a billionaire on the Forbes list with a net worth of around $185 billion US dollars, this number of Dogecoin (DOGE) is pennies on the dollar.
After this claim, Dogecoin (DOGE) saw a 2.50% jump and at the time of writing, has a value of $0.08924. The 24-hour trading volume for Dogecoin (DOGE) also rose by 3.78% and now stands at $864,057,273.
When looking at the technical analysis for Dogecoin (DOGE), we can see a neutral situation, with most of its technical indicators showing neutral signals.
According to experts, these charts show that interest in Dogecoin (DOGE) could wane, but investors must hold off and move past the resistance level of $0.10075. They predict that Dogecoin (DOGE) could reach $0.25 by December 2023, which could cause some investors to sidestep it as they look for projects with substantial long-term profitability.
