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Cardano Price Prediction: Despite Impressive Rally Here’s Why Cardano (ADA) May Struggle to Keep Up with Major Coins

Bitcoinist
by Bitcoinist
Last Updated: November 19, 2024 4:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Cardano has been having a roller coaster ride of late. The Cardano price prediction can politely be described as ‘messy’, and investors are unsure if Cardano is a good buy. Volatility is a hallmark of crypto trading, but Cardano’s up-and-down cycle may be too turbulent for even the riskiest of investors. The best crypto to buy now is something that will deliver high short-term yields and sustained long-term benefits.

Right now, that does not look like Cardano. However, the new crypto exchange Lunex Network may just be.  

Cardano (ADA): Cardano price prediction looks unstable

Currently trading at around $0.60, Cardano peaked at $3.10 in September 2021. This is 81% below its ATH, a red flag when other cryptos are chasing ATHs. Yet, this is a great number, as Cardano returned 70% in the last month and flipped Tron to get back in the top ten cryptos by market cap. 

While almost all tokens have shown a green candle since the ‘Trump Pump’, Cardano is doing better than most. Rumour is it is due to Cardano CEO Charles Hoskinson helping Trump draft a crypto policy. If Hoskinson really has Trump’s ear, then the Cardano price prediction can look rosy.  

But all things being equal, the Cardano price prediction reads like a pump-and-dump graph. A four-yearly spike during altcoin season before falling again. According to the Cardano price prediction, profiting from Cardano has as much to do with timing the market as anything else, as HODL-ing Cardano is not a wise decision.

But if Hoskinson is Trump’s new crypto advisor, then all bets are off, and the erratic Cardano price prediction could be proven wrong. 

Lunex Network (LNEX): Could the hybrid exchange be the best crypto to buy now?

Lunex Network is a new hybrid exchange that offers the best of both centralized and decentralized trading. Designed to solve many of the issues plaguing traditional exchanges, Lunex combines the speed and efficiency of centralized platforms with the security and autonomy of decentralized systems. This innovative approach eliminates the need for wallet connections, allowing traders to interact seamlessly across multiple blockchains while retaining full control over their assets.

In the current market, where volatility reigns, and investors are chasing opportunities, Lunex stands out as a strong contender for the best crypto to buy now. Its hybrid structure ensures that traders don’t have to compromise between convenience and security, while the platform’s profit-sharing model and staking rewards add long-term value. By engaging with Lunex, investors aren’t just trading—they’re becoming part of a thriving ecosystem designed to grow with the market.

Unlike many tokens that rely on hype, Lunex Network is built on solid fundamentals and a clear vision for the future. Its ability to address the needs of both casual traders and seasoned investors makes it a standout choice in today’s bullish market. For those seeking a promising investment with the potential for both short-term gains and long-term rewards, Lunex Network is undoubtedly worth a closer look and could be the best crypto to buy now.

Conclusion

Taking a risk on Cardano may prove profitable, but its success is not guaranteed. But the best crypto to buy now, however, is an investment in the long- and short-term potential of Lunex Network.  

Lunex Network’s LNEX tokens are now available at $0.0026, but they won’t be for long with another price increase expected in the coming days. 

You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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