Cardano’s total value locked in now amounts to $170 million, a nearly 300% increase since January 1, indicating steady advances. With over 81,000 active users, 127 protocols, and 1,242 projects under development, Cardano’s active ecosystem and network adoption are on the rise, suggesting a potential for future gains in ADA’s price.
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SNEK Coin: Hoskinson’s Interest, Cardano’s Growth, and Meme Coin Controversy
Cardano founder Charles Hoskinson’s tweet about new meme coin SNEK led to a 16.13% price surge. SNEK’s successful presale, launch on Cardano-based decentralized exchange SundaeSwap, and rapid growth demonstrate Cardano network’s potential. However, meme coins can contribute to market volatility and price manipulation, so investors should conduct thorough research before investing.
Liqwid Finance Soars 80% in April: Cardano DeFi Breaks Records With a Dash of Humor
The total value locked (TVL) in Liqwid Finance has shown impressive growth, soaring 80% in […]