Cardano Price Prediction: Analysts Bullish as Whales Back ADA Amid ETF Hype

November 26, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The crypto market has been bullish since Donald Trump was declared the winner of the 2024 US elections. Cardano (ADA) has particularly found new gears after struggling for a significant part of the year. For context, the ADA price is up by over 200% in the past month. 

Another coin that has returned 200%+ gains to its investors is Rollblock, which has been attracting ADA investors after raising nearly $6 million during its presale. Let’s see why. 

Cardano surges by over 40% to cross $1

As of the time of writing, Cardano (ADA) is trading for approximately $1. The latest ADA price follows its ongoing bullish trend, which has surged by over 40% in the last 30 days and over 200% in the past month. 

Considering that Cardano seemed to be a failed project before the recent bullish run, it’s normal to wonder why it suddenly picked up. Interestingly, the current Cardano price prediction suggests the coin will reach over $2 in 2025. 

Cardano’s open interest and spot buying pressure have increased, and there are more active addresses following the latest Cardano price prediction. The bullish sentiment is further strengthened by the crypto news about a potential Cardano spot exchange-traded fund (ETF) in 2025 – following the launch of Bitcoin and Ethereum ETFs earlier this year. 

Crypto ETFs Will Rally in 2025

It’s not only Cardano that has rallied after an optimistic ADA price prediction and a potential ETF launch. A similar trend is seen in Solana (SOL) and Ripple (XRP), which are soaring after the crypto news about their ETF filings. There’s increased optimism around their successful approval by the US Securities and Exchange Commission (SEC) following its announcement that the current Chair, Gary Gensler, will resign and leave office by January 2025. 

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Gensler’s exit coincides with Trump’s resumption as the 47th US President, and the administration’s pro-crypto initiatives could result in friendlier crypto laws that would further drive the ecosystem’s growth. Ultimately, crypto ETFs may be the piece of the puzzle left to unlock the market’s full potential, which is why there’s an optimistic ADA price prediction out there.

Rollblock presale shows massive potential 

Amid the ongoing ETF speculations, the Rollblock project is already reassuring its investors of the better days ahead. After raising almost $6 million during its ongoing presale, the new casino project has been in high demand among investors. 

The players fancy Rollblock for its online casino, packed with hundreds of their favorite games. These include slots, table games, and live casino games. They also fancy its VIP program, with its exciting token rewards and rakeback bonus, which rewards them with daily, weekly, and monthly bonuses. 

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On the other hand, investors choose Rollblock for its decentralized finance (DeFi) features like crypto staking, which rewards token holders with up to 30% annual percentage yield (APY). Additionally, the platform has a revenue-sharing model that rewards users with a portion of its weekly profits. These online gambling and DeFi possibilities have heightened investors’ demand for Rollblock, causing a 200%+ increase before its official launch. 

Conclusion 

Rollblock’s presale is currently in stage 8, presenting a limited-time opportunity for interested investors to lock in some tokens at a low price of $0.036. Now is the best time to take action before the price increases to $0.041 in stage 9. Make sure to take advantage of the 50% bonus offer currently available.

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Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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