The crypto market has been tough for many projects in recent weeks and Cardano has been no exception. The project has been making progress with development but sadly that does not seem to have transformed into a bullish run for the price.
We offer an ADA price prediction for 2023 here, as well as 3 other altcoins that may be worth looking at in lieu of ADA. They each are unique in their own ways, as we shall see.
What you'll learn 👉
Short-Term ADA Price Prediction For 2023
Since the middle of August, the ADA coin has been trading in a stable range. Prior to then, it was spotted trading for over a month between $0.2717 and $0.2542. Afterward, the market was unable to support the price, and the coin broke its support level.
Since then, the coin has been trading in a range between $0.2542, which acts as a resistance, and $0.2381, which acts as a support, and has made numerous unsuccessful attempts to exit the range. By the end of the month, the ADA price will have a bullish movement and will make a run for its upper resistance of $0.2717 if the bulls are successful in taking control and the coin breaks out of the condensed range toward its barrier.
On the other hand, if the market is unable to generate positive momentum, the price will drop once more. Furthermore, should the currency fail to maintain its support level, this month’s important support level of $0.2197 will be tested.
Meme Kombat Pits Memes Against Each Other
The Meme Kombat (MK) project is creating a cutting-edge gaming platform with features like active betting and passive staking for fans. As a result, there are numerous ways to gain incentives, which might be very advantageous for people who enjoy gaming as a hobby. Why not also give them the possibility to profit from their interest if they enjoy it otherwise?
You can even earn an APY of 112% during the presale by using the stalking tool. You won’t have to wait for the combat feature to launch, so. All you have to do is purchase Meme Kombat during the presale and stake it there. That’s all there is to it.
Memes will duke it out in an arena, with the different memes competing for the title of best meme. The first season features 11 memes, but there will undoubtedly be other seasons in the future, which could herald a plethora of fresh features and opportunities for obtaining rewards. As a result, it seems like this initiative has the ability to provide benefits for a very long time to come and maintain involvement.
There is obviously a lot of interest in projects of this like as investors have flocked to the Meme Kombat presale. 50% of the entire supply will be set aside for the MK token presale. 10% each has been allotted to community rewards and DEX liquidity, with the remaining 30% going toward staking and fight prizes. The team wants to make sure that the community is well-rewarded, which is why there is such a substantial allocation.
Given that the project’s presale only just got started, Meme Kombat has raised more than $111,000 very quickly. The price of the MK coin right now is $1.667, and ETH or USDT can be used to pay for it. Given that the initiative is introducing a genuinely novel concept to the cryptocurrency and gaming industries, this seems like a deal. The project might not last much longer if things continue as they are.
The platform itself will debut in the latter half of Q3 2023. Season 1, combat, staking, and other elements will be included in the launch. In Q4 2023, Season 2 will debut, bringing with it new battle kinds, rewards, and chances. The team will start focusing on potential new game types, partnerships, etc. in 2024.
Telegram Casino is An Anonymous Casino on Telegram
Being an online, anonymous casino that supports the usage of cryptocurrencies, Telegram Casino (TGC) makes it plain that it is aiming to be the finest of its kind. Those who like these activities should feel more secure knowing that it is properly licensed. Naturally, you may play on your smartphone while doing all of this on Telegram.
The facility will be more than just a casino, according to the team. As opposed to that, it refers to itself as “an ecosystem that backs to its players through constant rewards by leveraging TGC.” It doesn’t even need a wallet connected or any kind of KYC verification. All you need to do to get started is fund your account.
All of this is significant since the market for online casinos is expanding quickly on a global scale. The present market capitalization of this is $263.3 billion, however, just $250 million of this enormous sector has been taken up by cryptocurrencies. In this developing market, Telegram Casino is poised to become a dominant force.
People are clearly very interested in this initiative, as evidenced by the brisk presale activity. The TGC token has raised more than $237,000 in a very short period of time. At the moment, the token costs $0.125. Additionally, there are several advantages to participating in the TGC presale, such as exclusive awards, the chance to receive an exclusive NFT, and post-launch rewards if you invest more than $5000. If you buy tokens during the presale, you can also start staking with them right now. The current APY for staking is just shy of a staggering 2,000%.
The tokenomics of the TGC token are as follows: 40% for the presale, 20% each to the liquidity pool and staking rewards, 10% for player rewards, and 5% each for affiliates and marketing.
yPredict Boosts Your Crypto Trading With AI
yPredict (YPRED) offers AI and other tools to help traders streamline their trades and make the best decisions. The YPRED token drives the yPredict ecosystem, which is built on the Ethereum platform. Of course, security and transparency are obviously top priorities.
The primary use case is a decentralized replacement for conventional prediction markets, strengthened by the powers made possible by smart contracts. Users actively participate in prediction markets within this framework, which span a wide range of subjects from politics and business to sports.
A crucial component of the platform is social trading, which allows users to see and copy the trading methods of experienced traders. By copying successful traders, users can use this to make the best trades. They will gain tangible benefits in the form of returns, but they might also learn something as a result.
Market forecasts, an analytical dashboard, a dedicated trading terminal, and a specific marketplace for predictive models are additional elements that are noteworthy.
The crypto community has also taken a shine to yPredict, investing over $4.23 million in the presale. The ultimate goal of $4.5 million is getting ever closer. YPRED is selling at a price of $0.10 at the moment and the listing price will be $0.12.
There may be hope yet for ADA’s price in 2023, but in the meantime, investors can take a look at the MK, TGC, and YPRED tokens. These are proving to be some of the most exciting developments in the market yet, and there could be a lot of growth in the long term. Take a look at their presales before they run out.
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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com