Finance News
By Steven Anderson
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The Cardano community have been prospecting a bullish breakout for the token. ADA needs some push to take to new all-time highs.
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COTI tweeted: “We are thrilled to announce the launch of ADA Pay on Cardano's Shelley Mainnet with the first merchant being the famous charitable organization: Save The Children.”
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ADA has have a very dedicated team and even more so their leadership. This is a driving factor for continued success.
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Charles Hoskinson recently stated, “I think over the next three to five years what will happen is our industry will converge to a Wi-Fi moment where it just works.
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Several traders hold Cardano as a hedge in case Ethereum is usurped technologically or culturally anticipating a future that there is room for more than one blockchain.
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Investors who prefer small Alt coins over big names put their money in big names to avoid FOMO.
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The smart contract capability in August 2021 is very much anticipated and a bullish spike following it for sure. There are many who feel that ADA is over hyped and over-valued.
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For now, since everyone are trading by the lines, investors who are looking to make profits follow the technical moves following COTI.
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Also, Ethiopia overhauling its education system with IOHK blockchain partnership is a happening.
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