JRNY Crypto
Recently Cardano announced their new roadmap leading up to the Shelley Mainnet hardfork. The big day is going to be on July 29th if everything goes as planned. Not long after this, the first staking rewards will be received on Aug 18th.
THIS IS HUGE
Everything Cardano has been building for the past few years is finally coming to a reality and people will finally be able to stake their ADA for a nice passive income.
Lately, many projects have been seeing massive price gains leading up to their mainnet launch. Cardano having 2 months before the mainnet launch, we can likely see a massive price surge sometime in July. Although, if things are delayed and don’t go as the roadmap states, then it could do just the opposite.
Regardless, everyone is becoming aware of Cardano and there has been a huge incline in daily volume for ADA. If this volume incline continues, we could be close to the biggest gains ADA has had in years.
Coinbase Listing ADA
Not only does Cadano have their Mainnet launch, but also a Coinbase listing on the horizon. Over 2 years ago Coinbase announced their interest for listing ADA, but to this day, they still haven’t.
This leads me to believe that Coinbase is just waiting for the Shelley Mainnet to go live so they can have a better launch week and possibly offer their users staking of ADA within the platform.
A Coinbase listing for ADA might just be the cherry on top that blows the lid off this project.
Demand Sky Rocketing, ADA Supply Dwindling
With news of the Shelley Mainnet and staking on the horizon, many people are stocking up on ADA in anticipation of a huge price surge.
As more and more ADA is bought and taken out of circulation, the supply is constantly shrinking at the same time that demand continues to rise. This scenario makes for the perfect storm.
ADA Price Predictions
With everything finally coming together at the same time as offering staking and getting a Coinbase listing could set this project to new all time high prices. Anything is possible and we’re headed into new territory in the crypto space.
Watch the video below for further price discussion
This is not investment advice. Always do your own research and make your own financial decisions. This article and videos are for entertainment purposes only.
