• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bearish Trends in the Crypto Market: Cardano and SUI Face Challenges

user avatar

by Giorgi Kostiuk

a year ago


The crypto market is going through a challenging phase, affecting assets like Cardano (ADA) and SUI. This article explores recent changes and potential alternatives for investors.

Cardano Price Decrease

Cardano has previously attracted investors with its promising prospects. However, its price has undergone significant fluctuations in recent weeks. Since the beginning of 2021, a decline has been observed, and in January 2023, the price settled at around $0.9. Analysts suggest further decrease if key support is breached.

Challenges in SUI Confidence

The SUI network operates with a new level of efficiency due to object-oriented data models. Since January 2023, the price of SUI token has dropped from $5.37 to below $4.2, indicating a bearish trend. Analysts advise looking for stable investments in these conditions.

IntelMarkets as an Alternative

IntelMarkets is emerging as a popular platform for large investors due to its AI-driven solutions and unique opportunities for professionals. The platform also includes portfolio management tools and protection against cryptographic threats.

Despite tough conditions for ADA and SUI, investors are looking for alternatives in more stable and innovative projects, such as IntelMarkets. This platform is in demand due to its approach and protective measures, making it attractive amid market instability.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Trump Administration Unveils Plans to Enhance Homeownership Accessibility

chest

The Trump administration plans to enhance homeownership accessibility by restricting institutional investors from buying single-family homes and allowing 401k funds for down payments.

user avatarTomas Novak

Grant Cardone Introduces Innovative Investment Model Merging Real Estate and Bitcoin

chest

Grant Cardone has launched a new investment model that combines real estate with cryptocurrency, aiming to enhance returns while minimizing risk.

user avatarKaterina Papadopoulou

Sui Blockchain Partners with LINQ to Enhance Crypto Access in Nigeria

chest

Sui blockchain has partnered with LINQ to enhance cryptocurrency access in Nigeria, enabling fast digital asset conversion to local fiat currency.

user avatarLeo van der Veen

Sui Blockchain's Technical Advantages Support LINQ Partnership

chest

Sui blockchain's innovative architecture supports its partnership with LINQ by achieving high throughput and low latency, enabling rapid transaction processing and unprecedented settlement speeds for Nigerian users.

user avatarMaya Lundqvist

Ethereum Foundation Introduces zkEVM Proof-Based Validation Strategy

chest

The Ethereum Foundation has released a detailed plan to implement zkEVM proofs for block validation on Ethereum's main chain, aiming to enhance efficiency and security.

user avatarLi Weicheng

Bipartisan Congressional Delegation Visits Denmark to Support Greenland

chest

A bipartisan group of U.S. lawmakers visits Denmark to express support for Greenland amid Trump's acquisition efforts.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.