"Currently, [Cardano has ]one billion members instead of millions," said the {ADA} founder

"Currently, Cardano has one billion members instead of millions," said the ADA founder

Charles Haskinson, founder of Ramardo Cardano (ADA), estimates that the Cardano ecosystem has one billion members worldwide, instead of millions of users. Remarkably, IOG is a company created in the context of Cardano's smart contract development and run by Charles Haskinson.

He pointed to the need to redesign the Cardano smart contract model because of its billions of users.

Haskinson added:

"The key is to figure out how the Cardano network should expand and expand. Currently, the Cardano ecosystem has one billion members instead of one million. What can we do to provide a sustainable financial platform for it? "

In addition, according to Haskinson, Cardano's team plans to rebuild the entire smart contract pattern. First, this is done to further secure the template to avoid previous incidents in which billions of dollars were lost from users' budgets due to the hacking of insecure applications. Second, the pattern is unsustainable, meaning that transaction costs are predictable and that Cardano's fees are high.

Michael van de Pope speaks of three currencies with high growth potential

Michael van de Pope speaks of three currencies with high growth potential

Michaël van de Poppe, a leading digital currency trader and analyst, predicts that Cardano (ADA), Litecoin (LTC) and Ziliqa (ZIL) are ready to begin the next phase of their bull cycle.

In a new video, the popular analyst told his 76,700 followers on his YouTube channel that it was time for Cardano to complete its consolidation phase against Bitcoin (ADA / BTC).

Looking at the long-term chart, the trader added that the ADA / BTC pair is still in its early stages because he believes that the pair has a lot of upside potential.

Regarding the ADA / USD currency pair, he says that the failure of the immediate resistance of this currency pair will push Cardano to the $ 2.40 level.

"I think when we break this red line ($ 1.36), we go past the previous record high, start consolidating, and then move on, because then, with the previous resistance breaking, This level becomes a strong support. Until then, we will just keep moving. "

In addition to Cardano, this strategist also monitors Litecoin. According to him, this currency is also ready to start a 65% move against Bitcoin (LTC / BTC).

Another of Van de Poop's most popular altcoins is the Ziliqa (Chinese blockchain for enterprise solutions). According to him, the ZIL / BTC currency pair is in a strong uptrend and is now ready to grow more than 120% of the current price level at 0.00000363.

Cardano Analysis (ADA) Wednesday, March 10

Cardano Analysis (ADA) Wednesday, March 10

Matt Cardano Digital has taken a low-swing trend after crossing the border of the regular triangle pattern. According to this model, Cardano has a goal of $ 1.56.
According to the IOMAP chart, Cardano is on the rise in the absence of strong resistance. However, the $ 1.15 to $ 1.18 resistance range is particularly important. In this price range, over 2.1 billion Cardanos have been purchased by 38,250 user accounts.
Prices are currently above the level of a significant self-stabilization support. According to the IOMAP chart, about 147,000 accounts have purchased 5.1 billion of these digital currencies in the $ 1.11 to $ 1.15 range.

Looking at the four-hour timeframe, we notice the formation of a regular triangle pattern and its breaking. According to this pattern, the price is likely to grow by 34% to $ 1.56. Despite the breaking of this pattern, the uptrend of stability is still not formed. On the other hand, stabilizing the high price of moving average indicators is necessary to form an uptrend.
Similarly, if the MACD indicator is above the signal line, then the $ 1.56 target can be predicted with more confidence.
On the other hand, if the price penetrates below the levels of 50 and 100 moving average indicators in the four-hour time frame, a downward trend is formed and if the price returns to the triangle pattern range, one can expect a further fall in price.