Cardano News: Scam Alert Is Released

Cardano has been keeping enthusiasts updated about all kinds of scams that are circulating online.

Now, the group posted another piece of vital information on their Twitter account.

You may recall that at the beginning of this month, Cardano addressed scams once again.

Cardano has been addressing online scams

This is not the first time when Cardano talks about scams that are floating online.

The team behind the project made sure to highlight the dangers that are lurking and offers the community a few tips on how to remain safe.

Here’s the recent tweet that they dropped:

In a post on the Cardano forum, the team addresses more issues on how to remain safe.

Cardano price predictions

Other than this, the other day we were revealing some new price predictions for the ADA coin.

At the moment of writing this article, ADA is trading in the red just like other important coins in the crypto market.

ADA is now priced at $0.095053 and the coin is down by more than 3% in the past 24 hours.

Smartereum notes that “Cardano ADA showed that the relative strength index was in the oversold level. The most crucial support after the $0.090 level is at $0.089.”

The same online publication noted that “This also happens to be near the 200 daily EMA. The MACD is also moving to the bullish region.”


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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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

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