#CARDANO #ADA historical price action, a thread 🧵 🪡
I keep looking at this CHART. This is #CARDANO’S price action since inception, spanning from 2018 till date. Approximately 5 years of trading. I look at it and I’m still seeing a Cup & Handle pattern with a $14.38 target.
We
I keep looking at this CHART. This is #CARDANO’S price action since inception, spanning from 2018 till date. Approximately 5 years of trading. I look at it and I’m still seeing a Cup & Handle pattern with a $14.38 target.
We
in the #Cardano community have never witnessed #CARDANO in a bull market with a thriving ECOSYSTEM complete with #DEFI, #stablecoins & #METERVERSE as we have now in this bear market. Anyone here now is early and we are about to witness history in the making. Despite the
impressive gains #CARDANO has always enjoyed in the last two bull markets, #CARDANO has never experienced having a HUGE percentage of #ADA locked up in NUMEROUS #DEFI protocols which takes a ton of its liquidity out of circulation frozen in smart contracts as #TVL, we are about
to witness this phenomenon for the first time. Other #blockchains like #binance smart chain and #solana experienced this last bull market and #Cardano still beat SOLANA by over $20 billion in market cap and #binance smart chain only beat #Cardano by a measly 4 billion dollars
more in total market cap than Cardano. We are about to experience what happens in a bull market with #Cardano as a complete #blockchain with a thriving ecosystem . I’ve had my doubts but maybe the popular narrative of #CARDANO to $15 next bull market top has SOME DAMN LEGS.
We are about to experience what happens when 15 to 20% of the circulating supply of #CARDANO #ADA gets locked in smart contracts as #TVL WITHIN numerous protocols while over 70% remains constantly STAKED! 🤯🤯 BUCKLE UP MY FRINDS, THE GAINZ ARE COMING! #CARDANO #DEFI #DEX
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