🔋 Cardano Is Set For Breakout / ADA Skyrockets 70% in One Month / Make or Break Moment?

🔥 Today's highlights

Top Analyst Says ADA Is Set For Breakout After Spotting Major Signal. Sets Price Target - Cardano has surged since November, hitting $0.6776 in December. The rally encountered resistance, causing a drop to $0.5544. This led to speculation about the sustainability of its momentum. (link)

ADA Skyrockets 70% in One Month, Eyes Short-Term Rally to $1 - Cardano's price has soared by 70% in the last month, hitting a yearly high of $0.6755 and raising expectations of reaching $1. Amid regulatory obstacles, the coin's development endeavors have driven a 158.51% increase. (link)

ADA Make or Break Moment? Top Analyst Predicts Major Price Shift - Crypto analyst LuckSide has identified Cardano as being at a crucial point, expecting a major price movement soon. Based on recent analysis, ADA may either trend upwards or downwards, with a key indicator signaling an impending shift. (link)

BitMart Lists Snek - BitMart will add SNEK to its digital assets platform at 16:00 UTC on December 29th, 2023. (link)

Cardano On The Rise: ADA Envisions A 20% Surge To Conclude 2023 - The cryptocurrency market has seen a significant bullish upswing in the last 24 hours. ADA, a cryptocurrency, is anticipated to surge by 20% by the end of 2023. (link)

Cardano Founding Entity EMURGO Maps Out Growth Strategy For 2024 - EMURGO, a founding entity of Cardano blockchain, reflected on 2023 achievements and revealed a roadmap for 2024 ecosystem development with a focus on sustainable community governance. (link)

Cardano Blocks Are Often Almost Full - Charles Hoskinson stated in a past AMA that addressing full blocks is a positive challenge, indicating high network usage. (link)

Cardano's Smart Contract Surge: Over 9,500 Contracts Deployed in 2023 - The Cardano DeFi ecosystem has surpassed 637 million ADA locked, reflecting the increasing mainstream adoption of web3 and digital assets. Significant network developments have contributed to the growth of the altcoin. (link)

What is Ouroboros: the Consensus Behind Cardano Blockchain? Blockchains require a consensus mechanism to validate transactions without a third party. Popular models like Proof of Work and Proof of Stake have weaknesses. Cardano is developing a new consensus model to address these limitations. (link)

Cardano (ADA) and XRP Win New Listing On Binance: Details - Binance, a top crypto exchange, is generating enthusiasm with new listings, ending the year on a high note. It has introduced significant trading pairs and strategically reintegrated the stablecoin powerhouse, USDC. These developments were shared by a prominent Chinese crypto reporter. (link)

🐦 Tweet of the day

Cardano Feed presents to you the biggest newsletter media dedicated to Cardano ($ADA). Have a wonderful read!

If you have any interesting projects or ideas, please reach out to us by responding to this email or by sending us a DM on Twitter: @cardanofeed and @otaviolima.

As always, thanks for reading, and see you next time. 😀

_{Disclaimer: Cardano Feed DOES NOT provide financial advice. The content is for informational purposes only and does not necessarily reflect our opinion.}