• 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

10 months 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

White House Considers IRS Access to Overseas Crypto Holdings

chest

The White House is contemplating a policy that would allow the IRS to monitor Americans' cryptocurrency assets held overseas.

user avatarKenji Takahashi

Stobox Unveils Stobox 4 Beta to Revolutionize Tokenization Infrastructure

chest

Stobox has officially launched Stobox 4 Beta, a groundbreaking blockchain platform designed to enhance the issuance and management of digital securities.

user avatarMiguel Rodriguez

Stobox and REAL Finance Join Forces to Boost RWA Tokenization

chest

Stobox and REAL Finance have signed a Memorandum of Understanding to explore new synergies in RWA tokenization.

user avatarRajesh Kumar

US Leadership in Digital Assets Emphasized by Financial Expert

chest

Financial expert Levi Rietveld emphasizes the importance of the US maintaining its leadership in cryptocurrency and AI, highlighting the need to prevent global competitors like China from surpassing it.

user avatarGustavo Mendoza

XRP Whale Activity Triggers Market Shift

chest

Recent whale activity involving XRP has led to a significant drop in its value, causing traders to reassess their portfolios.

user avatarMaria Fernandez

Crypto Market Shows Resilience as Self-Custody Solutions Gain Popularity

chest

The crypto market remains structurally sound despite volatility, with a shift towards self-custody wallets and a market cap of $325 trillion.

user avatarLuis Flores

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.