🎉 #Gate Alpha 第三届积分狂欢节 & ES Launchpool# 聯合推廣任務上線!
本次活動總獎池:1,250 枚 ES
任務目標:推廣 Eclipse($ES)Launchpool 和 Alpha 第11期 $ES 專場
📄 詳情參考:
Launchpool 公告:https://www.gate.com/zh/announcements/article/46134
Alpha 第11期公告:https://www.gate.com/zh/announcements/article/46137
🧩【任務內容】
請圍繞 Launchpool 和 Alpha 第11期 活動進行內容創作,並曬出參與截圖。
📸【參與方式】
1️⃣ 帶上Tag #Gate Alpha 第三届积分狂欢节 & ES Launchpool# 發帖
2️⃣ 曬出以下任一截圖:
Launchpool 質押截圖(BTC / ETH / ES)
Alpha 交易頁面截圖(交易 ES)
3️⃣ 發布圖文內容,可參考以下方向(≥60字):
簡介 ES/Eclipse 項目亮點、代幣機制等基本信息
分享你對 ES 項目的觀點、前景判斷、挖礦體驗等
分析 Launchpool 挖礦 或 Alpha 積分玩法的策略和收益對比
🎁【獎勵說明】
評選內容質量最優的 10 位 Launchpool/Gate
ADA In The Spotlight: Heavyweight Investors Pile Into Cardano, What’s Next?
Cardano (ADA) has recently caught the attention of large-scale investors, also known as ‘whales.’ Crypto analyst Ali, leveraging on-chain data, has observed a significant uptick in large ADA transactions, typically over $100,000, in the past three months.
Ali noted that this growing trend suggests a heightened interest from institutional players and high-net-worth individuals in ADA. The analyst further disclosed that such whale activities have often been precursors of imminent price movements.
Notably, while transactions can significantly impact a crypto’s market dynamics, when whales accumulate an asset, it often reduces circulating supply, creating potential upward pressure on prices.
Conversely, when they sell, it can result in a sudden increase in supply, leading to price drops. In ADA’s case, the recent whale activities have coincided with a positive price trajectory.
ADA Bullish Trajectory And Market Outlook
ADA’s market performance has mirrored the growing whale interest. In the last 24 hours alone, the crypto asset has experienced a 2.2% increase, and over 5% in the past week.
This increase in trading activity and price aligns with the predictions of another analyst, Dan Gambardello. Gambardello has identified bullish setups in Bitcoin, Ethereum, and ADA, projecting that ADA could climb to $0.45 in the short term, with a longer-term target of $0.80-$0.85.
The analyst attributes his optimistic forecast to the growth and resilience of the Cardano eco, even amid the recent broader market’s bearish trends.
Recent data from DeFiLlama reveals a notable uptick in Cardano’s eco, with its Total Value Locked (TVL) experiencing over 20% growth in the past month, currently standing at $275 million.
Cardano’s Eco: A Catalyst For Future Growth?
Gambardello’s enthusiasm for Cardano extends beyond its current market performance. The analyst believes that the Cardano eco’s development during the bear cycle positions it for significant growth in the future.
Gambardello predicts that Cardano could soon account for 1% of the total crypto market capitalization. Such a milestone would be a testament to the asset’s eco robustness and innovation, potentially leading to ADA’s substantial rise in the next bull run.
Notably, Gambardello isn’t the only analyst predicting a bullish future for ADA. In a recent post on X, Ali highlighted ADA’s presence in a crucial demand zone. The analyst pointed out that the price levels around $0.37 to $0.38 have seen substantial buying activity, with over 166,470 wallets acquiring ADA in this range.
Ali interprets this strong buying interest as an indication of a solid support level for ADA. According to his analysis, ADA is poised for an uptrend with little resistance ahead, potentially exceeding its yearly high of $0.4518.
Despite ADA recently surpassing and seemingly respecting these key demand zones, its price has only reached a peak of $0.41 so far, not quite breaching the $0.45 mark.
However, given the surge in whale activity and the bullish sentiment enveloping the global crypto market, reaching and possibly surpassing the yearly high remains a plausible outcome.
Featured image from Unsplash, Chart from TradingView