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According to a recent report by AlphaQuest, Cardano is among the top chains hosting “Dead Coins.” The research group analyzed over 12,000 crypto projects, arriving at some crucial conclusions, including the death of most of those projects. In a recently uploaded video, an Altcoin Buzz host analyzed AphaQuest’s report, revealing that 72% of all crypto projects created during the 2020-2021 bull run have died. The analyst noted that Cardano and Terra ecosystems are among the top 10 categories with the most dead coins. He further revealed that the average lifespan of most crypto projects lasts only three years. Notably, AlphaQuest classified the crypto projects using four distinctive criteria. They include low trading volume/liquidity, inactive/deleted X accounts, down websites, and delisting from CoinMarketCap.  Further details from the AlphaQuest report showed that most projects under review died in 2023. With nearly 60% of the dead coins going extinct last year, it qualifies as a critical year for crypto projects in the current cycle. During this period, 93% of the projects had low trading volume and low liquidity, with 58% having a deleted or inactive X account or website. #HotTrends #Cardino
According to a recent report by AlphaQuest, Cardano is among the top chains hosting “Dead Coins.” The research group analyzed over 12,000 crypto projects, arriving at some crucial conclusions, including the death of most of those projects.

In a recently uploaded video, an Altcoin Buzz host analyzed AphaQuest’s report, revealing that 72% of all crypto projects created during the 2020-2021 bull run have died. The analyst noted that Cardano and Terra ecosystems are among the top 10 categories with the most dead coins. He further revealed that the average lifespan of most crypto projects lasts only three years.

Notably, AlphaQuest classified the crypto projects using four distinctive criteria. They include low trading volume/liquidity, inactive/deleted X accounts, down websites, and delisting from CoinMarketCap. 

Further details from the AlphaQuest report showed that most projects under review died in 2023. With nearly 60% of the dead coins going extinct last year, it qualifies as a critical year for crypto projects in the current cycle. During this period, 93% of the projects had low trading volume and low liquidity, with 58% having a deleted or inactive X account or website.

#HotTrends #Cardino
$ADA is currently at a critical juncture, consolidating at the bottom of a broadening wedge. A breakout above the descending resistance near $0.400, confirmed by crossing the 100-day moving average, may lead to targets at $0.500, $0.684, and a key resistance zone at $0.800. Monitor for a potential upward movement. #Cardino #ADA.智能策略库🥇🥇
$ADA is currently at a critical juncture, consolidating at the bottom of a broadening wedge.

A breakout above the descending resistance near $0.400, confirmed by crossing the 100-day moving average, may lead to targets at $0.500, $0.684, and a key resistance zone at $0.800.

Monitor for a potential upward movement.

#Cardino #ADA.智能策略库🥇🥇
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Bullish
Cardano Under Scrutiny: Dead Coins Uncovered🤯 Cryptocurrency analyst Altcoin Buzz has raised concerns about Cardano (ADA), despite its impressive price surge since October 2023, climbing from 24 cents to nearly 74 cents. [Claim your free reward here](https://www.binance.com/en/feed/post/5238679861769?ref=731284681&utm_campaign=app_square_share_link&utm_source=copylink) 💰 Critics have long questioned Cardano's marketing strategy and isolated approach. Now, a report by Alpha Quest Research highlights a new issue: a significant presence of "dead coins" within Cardano's ecosystem. The report, analyzing over 12,000 crypto projects, reveals that nearly two-thirds of projects from the 2020 and 2021 bull runs have failed. Cardano, along with Terra, stands out as hosting a high number of dead coins, with 74% of its ecosystem projects classified as such. Factors determining a dead coin include low trading volume, inactive social media accounts, defunct websites, and delisting from CoinMarketCap. This statistic raises concerns about Cardano's long-term viability, despite notable projects like Wanchain and ADA's price performance. While Cardano shows promise, the prevalence of dead coins poses challenges to investor confidence and ecosystem health, prompting questions about its sustainability. $ADA #HotTrends #ADAAnalysis #BTC #Cardino
Cardano Under Scrutiny: Dead Coins Uncovered🤯

Cryptocurrency analyst Altcoin Buzz has raised concerns about Cardano (ADA), despite its impressive price surge since October 2023, climbing from 24 cents to nearly 74 cents.

Claim your free reward here 💰

Critics have long questioned Cardano's marketing strategy and isolated approach. Now, a report by Alpha Quest Research highlights a new issue: a significant presence of "dead coins" within Cardano's ecosystem.

The report, analyzing over 12,000 crypto projects, reveals that nearly two-thirds of projects from the 2020 and 2021 bull runs have failed. Cardano, along with Terra, stands out as hosting a high number of dead coins, with 74% of its ecosystem projects classified as such.

Factors determining a dead coin include low trading volume, inactive social media accounts, defunct websites, and delisting from CoinMarketCap. This statistic raises concerns about Cardano's long-term viability, despite notable projects like Wanchain and ADA's price performance.

While Cardano shows promise, the prevalence of dead coins poses challenges to investor confidence and ecosystem health, prompting questions about its sustainability.

$ADA
#HotTrends #ADAAnalysis #BTC #Cardino
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Bearish
The top crypto news highlights for today, October 3, 2024: Ripple Expands in the UAE: Ripple has received in-principle approval from regulators in Dubai, marking a significant step toward enhancing cross-border digital payments in the region. This regulatory approval could broaden Ripple's services across the UAE Bitcoin Metrics Signal Market Shift: On-chain and technical data show promising signs for Bitcoin investors despite a recent sell-off. Analysts suggest that Bitcoin’s market structure is improving Kraken Launches Derivatives Trading in Bermuda: The crypto exchange Kraken has expanded its offerings by launching derivatives trading in Bermuda, taking advantage of favorable regulations Binance and Cardano Rumors: Speculation surrounds a potential listing of Cardano native tokens on Binance ahead of an upcoming summit, fueling excitement in the Cardano community Telegram Outages: Several countries have reported major outages on the Telegram messenger app, impacting users globally. Shiba Inu Whale Activity Surges: Whale activity in Shiba Inu has grown by 360%, potentially signaling a sustained rally for the meme coin. Visa’s Tokenized Asset Platform: Visa has launched a platform for managing digital assets, including stablecoins and CBDCs, marking a major step in digital asset management Grayscale Launches Aave Fund: Grayscale has introduced a new investment fund focused on Aave, which has gained momentum following recent tokenomic upgrades. Ripple's XRP Sees Increased Interest: Ripple's stablecoin testing and derivatives market activity for XRP have surged, with open interest surpassing $1 billion. IMF Pressures El Salvador: The International Monetary Fund is pushing El Salvador to reconsider its Bitcoin regulations, as the country faces economic challenges. #Bitcoin❗ #binance #Cardino #shiba⚡ #IMF
The top crypto news highlights for today, October 3, 2024:

Ripple Expands in the UAE: Ripple has received in-principle approval from regulators in Dubai, marking a significant step toward enhancing cross-border digital payments in the region. This regulatory approval could broaden Ripple's services across the UAE

Bitcoin Metrics Signal Market Shift: On-chain and technical data show promising signs for Bitcoin investors despite a recent sell-off. Analysts suggest that Bitcoin’s market structure is improving

Kraken Launches Derivatives Trading in Bermuda: The crypto exchange Kraken has expanded its offerings by launching derivatives trading in Bermuda, taking advantage of favorable regulations

Binance and Cardano Rumors: Speculation surrounds a potential listing of Cardano native tokens on Binance ahead of an upcoming summit, fueling excitement in the Cardano community

Telegram Outages: Several countries have reported major outages on the Telegram messenger app, impacting users globally.

Shiba Inu Whale Activity Surges: Whale activity in Shiba Inu has grown by 360%, potentially signaling a sustained rally for the meme coin.

Visa’s Tokenized Asset Platform: Visa has launched a platform for managing digital assets, including stablecoins and CBDCs, marking a major step in digital asset management

Grayscale Launches Aave Fund: Grayscale has introduced a new investment fund focused on Aave, which has gained momentum following recent tokenomic upgrades.
Ripple's XRP Sees Increased Interest: Ripple's stablecoin testing and derivatives market activity for XRP have surged, with open interest surpassing $1 billion.
IMF Pressures El Salvador: The International Monetary Fund is pushing El Salvador to reconsider its Bitcoin regulations, as the country faces economic challenges.

#Bitcoin❗ #binance #Cardino #shiba⚡ #IMF
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