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Cryptocurrency News Articles
Unstaked Soars Past $2.7M in Presale, Revolutionizing How Users Interact with AI
May 10, 2025 at 01:30 am
The cryptocurrency market is a mix of optimism and caution as major assets show contrasting trends. Cardano (ADA) has slipped below the critical $0.669 support level
The cryptocurrency market is displaying a mix of optimism and caution as major assets show contrasting trends. Cardano (ADA) has slipped below the critical $0.669 support level, indicating ongoing bearish pressure on the altcoin.
Also Read: Cardano Price Analysis: ADA Fails To Clear SMA 50, Testing Key Support At $0.63
As ADA struggles to regain momentum, investors remain uncertain about its short-term prospects. In contrast, Chainlink (LINK) is showing clear bullish potential, with analysts targeting a rise to $19 as LINK shows signs of a breakout from a bullish continuation pattern. The network’s expanding ecosystem and strong DeFi integrations continue to support its growth, making it one of the top crypto gainers to watch.
But while these established tokens wrestle with market sentiment, a new project is making waves. Unstaked, a sensational new project, has just smashed through another funding milestone, exceeding $1 million in contributions over 24 hours. This brings the total to over $2.7M.
This incredible feat has sparked a frenzy among investors, making it one of the hottest presales to join in recent times. Currently available for Stage 6 at $0.0075, Unstaked is an outstanding opportunity for high-growth potential with a clear path to success.
Cardano Price Struggles Below Key Support As SMA 50 Fails To Hold
Cardano (ADA), one of the largest altcoins by market capitalization, is encountering significant bearish pressure. The token has slipped below the critical $0.669 support level, a point closely monitored by traders.
This decline is part of a broader downtrend, with ADA now trading at $0.649, down 2.05% in the last 24 hours and 8.15% over the past week. The breach of the SMA 50 (Simple Moving Average) is a concerning signal for ADA holders.
Historically, this level has served as a reliable support zone, but the bears have now taken control. If ADA cannot reclaim the SMA 50, it may continue to face downward pressure, potentially testing support at $0.63 or even $0.54.
Analysts suggest that a decisive recovery above $0.669 could bring ADA back into a consolidation phase, with a target of $0.779. However, until the bulls manage to push through the SMA 50 and chart a clear recovery, the token’s price remains vulnerable to further losses.
Chainlink Price Analysis: Strong Network Activity Drives Bullish Target Of $19
While Cardano struggles, Chainlink is showing bullish potential. After a brief period of consolidation, LINK is gaining momentum, with analysts targeting a rise toward $19. Currently trading at $13.43, LINK has experienced a 9% drop in the last seven days.
However, the recovery of its Futures Open Interest (OI) to $583 million signals renewed bullish interest. Despite the recent price weakness, LINK’s network fundamentals remain strong, supported by growing adoption across DeFi protocols. The network has recorded a $348.15 billion surge in large transaction volume over the last 30 days, highlighting increased activity.
Moreover, Chainlink’s integration with major DeFi projects like AAVE’s GHO stablecoin has strengthened its position as a leading provider of on-chain data. From a technical perspective, LINK is forming a bullish continuation pattern (falling wedge), suggesting an imminent breakout.
If LINK can close above $14, it could trigger a rapid rally toward the $19 target, making it one of the top crypto gainers to watch.
Unstaked Surpasses $2.7M In Presale As It Hits $1M In 24 Hours
As Cardano faces struggles and Chainlink showcases bullish potential, another crypto project is making headlines with an exceptionally successful presale. Unstaked, the revolutionary new project that has already raised $2.7M, has just reached another incredible milestone.
In a testament to its surging popularity, Unstaked smashed through the $1 million contribution mark in a mere 24 hours. This staggering feat showcases the immense interest and anticipation surrounding this unique project.
Unstaked is rapidly becoming a fan favorite among those in the know. Those who care about the future of crypto and are tired of overhyped, speculative tokens are quickly getting involved. It’s no surprise considering it’s a project with real-world utility at its core.
Unstaked is building a secure and decentralized platform designed to empower users in the new age of technology.
Currently in Stage 6 of its presale journey, Unstaked is priced at $0.0075, presenting an outstanding opportunity for early investors to join at an attractive entry point. With a target launch price of $0.1819,
Disclaimer:info@kdj.com
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- Cryptocurrencies extended their rally to end the week, with bitcoin holding steady above the $100,00 level while ether rallied to its best week since 2021.
- May 10, 2025 at 01:45 pm
- The price of bitcoin was higher by nearly 2% at $103,144.27 on Friday, according to Coin Metrics. Earlier, it rose as high as $104,324.65, its highest level since Jan. 31. For the week, bitcoin is up more than 6% and on pace for its fourth positive week in a row – and first four-week win streak since November.
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- Metaplanet issued its 14th Series of Ordinary Bonds, raising $21.25 million to fund additional Bitcoin (BTC) purchases
- May 10, 2025 at 01:25 pm
- Metaplanet issued its 14th Series of Ordinary Bonds, raising $21.25 million to fund additional Bitcoin (BTC) purchases as the company deepens its strategic pivot