Cardano's (ADA) price fell 15% in the past 24 hours, breaking the $0.77 support level. Meanwhile, WeWake announced its new token in the initial presale phase.
Cardano Price Drop
Cardano experienced a sharp decline after losing its support. The token fell below the $0.84 level and is currently trading around $0.81. Analysts noted increased sell pressure and bearish trends. Additionally, daily active users on the Cardano network dropped below 40,000, and the total value locked in DeFi fell to $382 million.
WeWake Presale Launch
WeWake announced the launch of its presale, where WAKE tokens are available at $0.0100. The projected listing price is set at $0.15. The platform offers users access to Web3 without the need to create wallets or pay gas fees.
WeWake Development Plans
WeWake aims for a full rollout of its ecosystem by 2026. The initial stages cover testnet development, zkEVM integration, smart wallet setup, and Paymaster API. Mainnet launch is scheduled for Q2 2026, by which time new features like NFT support and DAO governance are expected.
The decline in Cardano's prices signals market instability, while WeWake seeks to make the adoption of crypto technologies easier and more accessible for users.
