Cardano Monthly Show: July Edition

Cardano has been making various headlines lately due to their achievements and advancements that they mark on a regular basis.

Today is a big day for Cardano

Today is a big day for Cardano as you probably know by now.

Charles Hoskinson announced the Cardano hardfork:

“Stress tests done. All systems go. Update endorsement signed. Rocket is in the air. Hardfork coming July 29th. Will post logs tomorrow,’ Hoskinson also noted.

The Cardano community is expecting to see some exciting price moves for ADA following the much-awaited event that’s set to take place today.

At the moment of writing this article, ADA is trading in the green and the coin is priced at $0.143485. The coin is up by more than 3% in the past 24 hours.

Regarding the pricing for ADA, according to the latest news coming from CryptoBriefing, there’s are a few technical indexes that are suggesting the fact that ADA is currently sitting in overbought territory, but there is also a robust support barrier that should allow the coin to rebound.

Cardano announces the monthly show, July Edition

The Cardano team also made sure to make another exciting announcement on their Twitter account:

As already noted, the community is expecting to see some important price moves following the haldfork that’s planned for today.

The crypto market looks really great and most of the coins are trading in the green today.

Crypto enthusiasts got all excited when BTC was able to hit $10k and even $11k these days.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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