On Saturday (July 23), Cardano’s ADA token is trading around $0.5053, up 4.33% in the past 24-hour period, which makes it the highest percentage gainer among the top 30 cryptoassets.
In fact, according to data from TradingView, on crypto exchange Coinbase, the $ADA price hit today’s intraday high of $0.5090 at 9:44 p.m. UTC.
Source: TradingView (24-Hour ADA-USD Chart for Coinbase)
On July 20, Amsterdam-based crypto analyst and trader Michaël van de Poppe gave this technical analysis of $ADA’s price action:
Request 01 – $ADA
Looking strong here, but at resistance.
If we crack through, I’m assuming we’ll see $0.67 next, but I’d preferably want to long or seek for longs around $0.48 region. pic.twitter.com/TjVTRvWK3H
— Michaël van de Poppe (@CryptoMichNL) July 20, 2022
On July 19, Dan Gambardello, Founder of Crypto Capital Venture, as well as the host of the very popular YouTube channel “Crypto Capital Venture“, told his over 230K Twitter followers that in the future people will be amazed that it was possible in 2022 to buy one $ADA for under $1:
— Dan Gambardello (@cryptorecruitr) July 19, 2022
Earlier today, one highly popular pseudonymous $ADA whale (“@cardano_whale” on Twitter) talked about the first NFT book sale of crypto project “Book Token” (this is a Cardano-powered NFT book minting platform and marketplace).
Minted a copy of the world’s first decentralised encrypted asset launching on Cardano in the form of a Gutenberg bible on Cardano’s forthcoming NFT eBook store @BOOKtoken_io pic.twitter.com/uyd4ky8Wnm
— ADA whale (@cardano_whale) July 23, 2022
Here is what you get if you buy a Gutenberg Bible NFT:
Source: Book Token
And finally, tomorrow (July 24), at Cardano Boutique Hotel Ginebra in Barcelona, Spain — where you can pay in $ADA — there is a “heal2earn” NFT launch party.
According to the hotel’s website, it was “the first business in the world to accept ADA.” The owners say that they “believe so much in the more equal and honest systems that Cardano is developing” that they decided to rebrand their hotel from “Boutique Hotel Ginebra” to “Cardano Boutique Hotel Ginebra”.
The hotel’s founder Alfred Moesker tweeted about this party earlier today:
Mañana 16 h, Hotel Ginebra #Barcelona: #NFT minting party de 1 de los equipos más cool de #Cardano, @CareolineCrypto
Aún espacios disponibles! 🥳🔥
Reserve: https://t.co/[email protected] @nft_barca @Kiltro_NFT @martin5yen @gtcryptoant @shadesofthesun @CryptoBarna
— Alfred Moesker (@bigezdaddy2017) July 23, 2022
Featured Image by Quantitatives via Unsplash