Cardano Update: ADA Poised for $1.60 Upswing as Panshibi (SHIBI) Presale Sparks Market Excitement

Cardano news in recent days has been headlined by encouraging price predictions, catching the attention of investors seeking the next project with big gains. Still, as ADA keeps displaying bullish potential, market observers have also identified a new contender growing rapidly, Panshibi (SHIBI)

Leveraging its value-driven model and community-driven plans, Panshibi has been recognized as a top candidate for 100x growth this year. Here is all you need to know about this new meme coin and why it has attracted so much interest.

Cardano News Suggests Potential ADA Price Increase 

According to crypto analyst Tim Warren, there’s an optimistic sentiment pervading recent Cardano news, with ADA price prediction suggesting it could see more growth than Dogecoin (DOGE) and USD Coin (USDC). According to him, ADA is poised to be one of the top six or seven cryptocurrencies in the market this year, currently ranked ninth with a $27 billion market capitalization. 

However, ADA needs a 35% price growth to surpass DOGE, while outperforming USDC requires the coin to register a growth of approximately 2x its value. Tim Warren cites two potential drivers behind bullish Cardano n…

The post Cardano Update: ADA Poised for $1.60 Upswing as Panshibi (SHIBI) Presale Sparks Market Excitement appeared first on Coin Edition.

      

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