It deserves to be purchased for the long term. ADA, the currency of the Cardano project, is one of the most prominent cryptocurrencies that still maintains an important position among the largest currencies in terms of market capitalization. ADA has recently experienced sideways trading around levels of $0.41–$0.48, with attempts to break through strong resistances. Technical analysis shows that the 0.41–0.43 area still represents important support for buyers, while 0.48 forms a key barrier to any new upward movement.
The goal of reaching a price of $PEPE 1 US dollar is mathematically and economically impossible. The main reason is the enormous supply of the currency, which is about 420.69 trillion tokens. To reach a price of 1 dollar, the market capitalization of the currency must be 420 trillion US dollars. This amount far exceeds the total market value of the entire cryptocurrency market currently (less than 3 trillion dollars).
🌟 In a market filled with noise and empty promises, only strong cryptocurrencies speak with numbers and achievements. AVAX builds speed, creates innovation, connects the digital and real worlds, and redefines global transfers. These aren't just currencies… they're visionary projects, technology that makes a difference, and a future worth waiting for. In the crypto world, success isn't for those who chase after every rise, but for those who choose a solid foundation before everyone else hears about it.
🌟 "Don't be afraid of a small beginning... for every great ascent began with a bold step. Keep going, and trust that today's effort is tomorrow's profit."
$SOL $XRP $AVAX ✨ "In the world of crypto, opportunities do not wait… You either understand the project before it rises, or discover its reality after it's too late
Will $LUNC return to 119$ The reality is you can't laugh at yourself and imagine ✅ 1. Yes, LUNA actually reached 119$
But this is not the current LUNC.
The price of 119$ was for the original LUNA before the crash in May 2022, when the financial system of Terra was stable (UST – LUNA). After the big crash and loss of the peg to the dollar, the following happened:
❗ 2. The currency at 119$ is not the currency you are trading now
After the standard fall: The collapsed currency was renamed to LUNA Classic (LUNC)
And a new currency was issued named LUNA (without Classic)
🔹 LUNA = the new currency 🔹 LUNC = the old collapsed currency with an extremely large supply
So the currency that was 119$ is not the current LUNC which is priced at 0.0000x$.
⚠️ 3. Why can't LUNC return to 119$ now?
Because the current supply is extremely large, in billions and trillions after the crash.
To approximate:
Before the crash, the number of LUNA coins was ~ 350 million
After the crash, LUNC became ~ 6.8 trillion (then slightly decreased due to burning)
So:
Price 119$ × 6.8 trillion = An imaginary market value that doesn't even exist in larger currencies than Bitcoin.
Mathematically and economically impossible.
🔍 4. So what is the realistic price that can be reached?
Based on the supply size:
✔ Prices like:
0.0002$
0.001$
And perhaps 0.01$ in rare scenarios if there is a large burn and strong liquidity injection.
❌ But prices like:
1$
10$
67$
119$
These are completely illogical without burning 99.999% of the supply.
📉 Bitcoin continues to drop significantly! Today BTC fell below $95,000 to reach its lowest level in nearly 6 months, with heavy selling pressure from institutions and whales.
🔍 Key things happening now:
Sharp decline due to large sums of money leaving ETF funds.
Decline in investor appetite as the strength of the dollar rises.
Some analysts point to the possibility of it reaching around $84,000 if the pressure continues.
🎯 Summary:
The market is experiencing a real wave of fear, and the current trend remains downward. However, the price's proximity to strong supports may provide an opportunity for a rebound at any moment.
Have you heard about XPL? It's a technology/tool/platform (you can specify the field here) that changes the way we deal with [specific field: development, investment, education… etc].
With XPL, you can: ✅ Simplify processes ✅ Increase productivity ✅ Achieve faster and more accurate results
If you're looking for an innovative and effective experience, XPL is the perfect choice! 🌟
📉 Quick Update on SOL The current price of SOL is approximately $136.22, after a drop of -13.0% over the past 24 hours.
🔍 What we notice:
The currency has significantly declined today, indicating clear selling pressure.
The daily trading range is between $136.04 as the lowest value and approximately $156.41 as the highest value.
🎯 Conclusion: Entering the market now carries higher risk due to the sharp decline. If you are considering buying, it is better to wait for confirmation of a rebound or a strong support signal.
💬 Share your opinion with me👇: Do you think SOL will regain its upward trend soon? Or do you believe the decline may continue? “📈” for up, and “📉” for down.
🔔 Breaking News: Swiss company 21Shares announced the launch of two American ETFs that track a basket of digital currencies, including Ethereum, Solana, and Dogecoin, under the "1940 Act" aimed at professional investors.
🔍 Why is this important? Because this type of fund reflects a shift in how institutions are entering the digital market — moving away from single currencies towards diversified funds.
💬 Share your opinion with me: Do you think that institutions entering this way will give a significant boost to digital currencies?
$SOL is approaching a pivotal area… Are we preparing for a new launch or further decline?
📊 Current technical situation SOL is moving above significant support at the level… (write the value according to the market at the time of publication)
If the currency maintains this level, we might see a rebound towards: Resistances: ~$ 170-177 : Medium-Long term resistance range#
However, if the support is broken, the decline may extend towards: Supports: ~$ 132-138 : Medium-Long term support, in case the higher supports fail
$SOL 🔥 Positive signals Strong activity for DeFi and NFTs on the Solana network
Clear increase in transaction volume
New projects on the chain are bringing momentum back to the currency
⚠️ What to be cautious of High volatility during this week
If the main support is broken, the movement may be violent
The price has dropped to just under $100,000, which is considered one of the major psychological support levels.
The technical indicators give a recommendation of "Strong Sell" — for example, in the analysis of Bitcoin based on moving averages: "Strong Sell". Investing.com
On-chain data shows weak buying momentum at present.
⚠️ Warning points
If the support level of ~$100,000 (or close to it) is lost, it may drop to lower levels — perhaps $90,000 or less, according to market analyses +1
The upward trend is currently weak due to macro factors such as interest rate hikes or economic uncertainty.