• About us
  • Advertise With Us
  • Become a Contributor
  • Guest Posting Service
  • Privacy Policy
  • Submit Press Release
  • Terms & Conditions
  • Contact us
Blockchain Financial Times
  • Home
  • Market
    • Analysis
    • Guide
  • Binance
  • Bitcoin
  • Blockchain
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Ethereum
  • Finance
  • Litecoin
  • Ripple
  • Tether
No Result
View All Result
  • Home
  • Market
    • Analysis
    • Guide
  • Binance
  • Bitcoin
  • Blockchain
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Ethereum
  • Finance
  • Litecoin
  • Ripple
  • Tether
No Result
View All Result
Latest News and Updates on Cryptocurrency
No Result
View All Result
Home Cardano

Cardano most awaited event this week trigger a price change

Stanfield David by Stanfield David
September 17, 2022
147 3
Cardano ADA
Share on FacebookShare on Twitter
Alongside other cardano news today this week Cardano ADA has a weekly candle of green close with an 14percent price increase.

But, this week too, Cardano coin’s price is expected to see some movement due to this being the week that majornet Vasili upgrade is expected to take place following the announcement of the successful hard forking of the testnet on July 3rd.

These are the main advantages from these benefits of Vasil upgrade as stated by Tim Harrison Vice President of Community & Ecosystem @ Input Output Global in his blog post.

What do they mean by Cardano price to come in the future ?

Price of the Cardano is known historically to respond in response to Hard Fork events.

On February 16, 2021,the Mary Hard Fork mainnet launch was announced the March 1st 2021and as the chart illustrates, the cost of USDT/ADA began to increase prior to the date of launch February 24 2021which led to the price upwards until the day of launch, after which it fell by 21% or more.

The chart below illustrates the price’s movement in the same direction starting on the day of announcement of the Alonzo Hard Fork launch time into the actual day launch . But, this time, the price began falling just a week before the launch because of the spread of FUD which caused the market to fall.

On June 6 2022,the Vasil update was revealed that would begin via the internet on June 29 2022causing it to increase for a brief period as shown in the graph above prior to dumping in response to the negative news that impacted the entire market.

On the 20th of June in 2022,the 2022mainnet Vasil’s fork was scheduled to be delayed to make sure that the upgrade is completed correctly. However , the estimated new launch date will occur in the final month of July.

On July 3, 2022,the testnet’s hard forking success was announced, causing to the price slowing rising, before recovering and rising.

In light of Cardano ADA past behavior in the days preceding a Hard Fork event, it is anticipated to increase over the next few days until the date of the event and then drop following.

However, it shouldn’t be forgotten that similar patterns occurred during an economic bull market, while the the current market is a bear one that could affect the expected result.

Tags: Cardano ADACardano coin's price
Stanfield David

Stanfield David

Recommended.

Are Higher Lows A Sign of a Growing Bitcoin Bull Run?

Are Higher Lows A Sign of a Growing Bitcoin Bull Run?

August 3, 2022
English FA announces plans for an NFT platform

English FA announces plans for an NFT platform

August 3, 2022

Trending.

Write a Press Release for Your New Business

Press Release Distribution Service – Benefits of Distributing Press Releases

November 23, 2022

Secrets to Writing Powerful Press Releases

October 31, 2022
CoinShares: A dovish Fed and weaker dollar could benefit Bitcoin

CoinShares: A dovish Fed and weaker dollar could benefit Bitcoin

August 3, 2022

PR Wires – The Force of a Press Release

November 28, 2022

PR NEWS WIRES – At the point when To Compose A Press Release And How To Get It Distributed

November 29, 2022

Blockchain Financial Times

Get the latest news on Cryptocurrency and stay up-to-date ... Cryptocurrency prices today

Follow Us

Categories

  • Analysis
  • Binance
  • Bitcoin
  • Blockchain
  • BNB Chain
  • Cardano
  • Coinbase
  • Crypto
  • Crypto Exchange
  • DeFi
  • Ethereum
  • Finance
  • Guide
  • Litecoin
  • Market
  • Metaverse
  • Polkadot
  • Ripple
  • Solana
  • Tether

Tags

bnb chain explorer bnb chain metamask bnb chain network bnb chain price Business Wire Pricing Cryptocurrency News Crypto News Crypto World DeFi coin DeFi Crypto Ethereum blockchain consultant Ethereum Digital Marketing agency Ethereum Digital Marketing Company Ethereum Marketing consultant ethereum news ethereum proof of stake ethereum value Latest Crypto News Marketwired Pricing metaverse app metaverse crypto metaverse stock music video press release Polkadot Digital Marketing Company Polkadot Marketing Agency Polkadot Marketing consultant Polkadot Online Marketing Agency press release for music video PRNewswire Cost PRNewswire Pricing PRWeb Pricing solana crypto Solana Marketing Experts Solana Marketing Strategy solana news Solana Online Marketing Agency solana price solana to usd Today Crypto Update Top Cryptocurrency News video news release video news release distribution video news release examples video news release template video press release

Recent News

PR NEWS WIRES – At the point when To Compose A Press Release And How To Get It Distributed

November 29, 2022

PR Wires – The Force of a Press Release

November 28, 2022
  • About us
  • Advertise With Us
  • Become a Contributor
  • Guest Posting Service
  • Privacy Policy
  • Submit Press Release
  • Terms & Conditions

© 2022 Blockchain Financial Times.

No Result
View All Result
  • Home

© 2022 Blockchain Financial Times.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In