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  • πŸ†™ Cardano Could See 70% Rally To $0.75 / DeFi $300 Million TVL Milestone / Best Foot Forward

πŸ†™ Cardano Could See 70% Rally To $0.75 / DeFi $300 Million TVL Milestone / Best Foot Forward

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πŸ”₯ Today's highlights

Cardano Could See 70% Rally To $0.75, Analyst Predicts When - An analyst predicts a potential Cardano rally to $0.75, suggesting a possible 70% increase soon based on historical patterns. (link)

Token Spotlight: SUNDAE - Sundaeswap, the first AMM DEX on Cardano, launched January 20th, 2022, using SUNDAE as its governance token. (link)

Cardano’s DeFi Ecosystem Nears $300 Million TVL Milestone - The Total Value Locked in all DeFi protocols hit $50B, marking a six-month peak, indicating significant growth and investment interest in the DeFi sector. (link)

Cardano's ADA Rockets to New Heights: $1 Billion Surge in Just 24 Hours - Cardano (ADA) experienced a 5% surge in 24 hours, boosting its market cap by $1 billion to $15.6 billion. With a 19% increase over the week, ADA ranks among the top performers during that period. (link)

Understanding the Stake Address Issue and Resolution - Spoofed addresses cause persistent problems in our ecosystem, leading to difficulties for wallets interacting with various decentralized applications (dapps). (link)

ChatGPT Picked 5 Top Coins to Buy in December, and Why - The Crypto Basic consulted ChatGPT for the top 5 cryptocurrencies to buy in December. The AI provided choices with explanations. However, the message is incomplete. (link)

Beware of Scams - There is an incessant and ever-evolving array of scams executed by inventive fraudsters within the cryptocurrency industry. (link)

Cardano As The Center Of The Universe - Charles Hoskinson discussed Cardano's importance in relation to Midnight and its partner chains in the Midnight Special video. (link)

Understanding the Meaning of Extended in Cardano's UTxO Model - The IOG team found Bitcoin's UTxO accounting model inadequate for Cardano's goals, consequently, they expanded it to better suit their mission. (link)

Why Are There No Flash Loan Attacks On Cardano? Flash loans on the Ethereum platform have been exploited in numerous hacks. (link)

Best Foot Forward - Over the past few years, the cryptocurrency landscape has been intense, coinciding with the development of Paribus. (link)

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