The founder of Cardano – Cardano – Charles Hoskinson – made a new proposal that he could note the ranks of the Solana and Ethereum networks, which is the creation of the first practical sovereign cash fund for the origin of Crapto in the sector.
Bluechen Cardano can be at the threshold of a major transformation in the world of decentralized financing (DEFI) with its founder, Charles Hoskinson, to create a sovereign cash box of $ 100 million to improve its technical system, an idea that can support the long -term expectations of Cardano Cardano prices.
This proposal includes the diversification of the assets of the protocol firm to include various assets, in particular Bitcoin-BTC and investment tools which are provided to yields such as the USDM-the stable currency of Kardano-By Bloccin 5% and 10%.
The stable currency strategy is based on investment recycling, mortgaging the assets of the Protocol firm to bring to the difficulty of providing liquidity, then using the performance of the purchase of additional Cardano-Ada quantities to add to the origin of the firm.
A sovereign cash box can challenge the Etheerium and Solana blockchain
In the estimate of Hoskinson, this strategy can contribute to enrich the assets of the Kardano wardrobe of stable currency sales to reach $ 1 billion within 5 to 10 years if it is calculated on an annual basis, which will prepare the square to prosper the DEFI systems on the blockchain.
Hoskson also stressed that the superiority of the superiority of Ethereum and Blukchin Solana in terms of medium stable currency volumes with the total value seized (TVL) in their technical system allows them to direct the DEFI sector. By following its proposed strategy, Blackchin Kardano could be able to fill this gap.
The inclusion of bitcoin to treasury assets is an inflation coverage due to the association of the value of stable currencies with the value of cash currencies.
Although Hoskinson claims that the negative impact of this proposal on the Cardano price is unlikely, the members of the community do not seem to be wrapped in the idea of exposing the Cardano part (ADA) to pressure from the sale of the sales which are estimated at hundreds of millions of currencies in a fragile market mainly.
Cardano Whale – On the X platform of this proposal saying: “If you want to sell 140 million Cardano currency at a price of $ 0.7 per currency over the next month, the proactive market movements will sell it at a price of $ 0.5.”
Can Cardano prices analysis: Can the fund proposal stimulate a strong start?
Although the application of the proposal may be delayed due to the obstacles to governance, the market response can lead to a strong wave of purchase during the spread of rumors to stimulate a break in prices for the downhill model which extends for more than 7 months; After the failure of several attempts to penetrate, the last failed penetration attempts led to the reflection of the price of Cardano currency to re-testing the lower limit of the model.
The price currently maintains the FIBONACCI 0.236 correction level as a temporary support at $ 0.60, and the reality along the lowest levels of the last correction waves, because the level of $ 0.60 provided a significant demand zone at the end of 2024, but the implications of current indicators increase the doubts.
For technical indicators, the relative power index (RSI) has decreased sharply after having touched the scope of 50, reflecting the discoloration of the growing impulse, in particular after the failure of the bears (speculators to decline) to seize the opportunity of the sellers to feel tired recently. Cross (June.
And if the price of Cardano currency is unable to maintain in more than $ 0.60, this can delay penetration and exclude the possibility of reaching the $ 1 barrier corresponding to the Fibonacci 1.618 extension, which may, like 80%, the gains compared to the current price.
This downhill scenario also suggested that Cardano’s price has decreased by 14% to receive the lowest previous support levels at $ 0.50 in mid-April. In the future, the decision on the Cardano Currency Fund on the Stock Exchange, expected on July 15, could become a catalyst for the restoration of the momentum, in particular because it is likely to request traditional investment markets.
Traders can maximize their expected profits using this simple tool
The appropriate time is considered to be one of the most important factors with regard to prominent currencies such as Cardano, because it can take the necessary momentum to make decisive breakthroughs for prices for several months, while the launch only continues a week, which passes the owners of currencies to wait most of their time. Meanwhile, the most emerging currencies of their investors provide gains of 46 times in a day, such as aura, for example.
Here is the role of Snator-Snort, which is provided to an advance and designed to discover an early momentum, which can help investors invest in promising currencies before they are accompanied, so that real gains are obtained.
Although commercial robots are not considered a new concept, Snorrer Robot has been specially designed to seize opportunities in its cradle, exploit border orders and protect its users against proactive trading robots (MEV), in addition to providing features for copying commercial transactions to protection against fraudulent carpet practices.
In addition to the early investment function, it is chosen for the most appropriate sale of the sale, which will provide you with a snorter trading robot.
The project has had a good start, because SNORT’s subscription managed to receive funding worth more than a million dollars in the first three weeks, which is due to the rates of mortgage rates currently high of 283% for the first for investors.
AndExpectations of Cardano prices: the pursuit of Hoskinson to join Bitcoin to the assets of the firm can release a launch for a long time at the price of ADA
To stay on the latest news from the Snostte Currency project, follow your account on X and Instagram platforms, or join the subscription by visiting the official SNORT site.
The expectations of post cardano-ADM prices: the pursuit of Hosnson to include bitcoin-BTC to the assets of the firm can trigger a long-awaited launch at the price of ADA Apppet First on Arab Cryptonews.
