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Why Ethereum Whales Prefer New Token Over Cardano

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by Giorgi Kostiuk

2 hours ago


The interest in Ethereum (ETH) and Cardano (ADA) tokens continues to grow, yet some major investors are shifting attention to new projects. This article explores current market trends.

Ethereum Price: Is a Pullback Imminent?

Ethereum has shown a growth of over 50% in the last month, largely following Bitcoin’s increase. Currently, the price of ETH is around $3,740, though a pullback is being observed. Large investors are beginning to switch to new projects on the Ethereum platform, raising questions about the token's future.

Cardano Price: Bulls Restore Balance

ADA token experienced considerable success at the beginning of the month with a 37% spike. The Cardano team has developed its own bridges for decentralized applications (DApps) leveraging Bitcoin. However, the current price of ADA has dropped to $0.73, before climbing back to $0.82. The question of ADA's viability remains prominent, especially in light of a new ETH-based project.

Remittix: Breaking Barriers In Global Finance

The Remittix project offers a new approach to connecting fiat currencies with cryptocurrencies. The platform enables users to transfer crypto assets directly into any supported fiat bank accounts. Remittix promises fast transaction processing, high security, and low fees, attracting investor attention.

The situation in the cryptocurrency market continues to evolve. The achievements of Ethereum and Cardano are impressive, but investor focus is gradually shifting to new solutions like Remittix.

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