1. Cardano Blockchain Development Progress

Cardano (ADA) has been reported to be delisted from exchanges, leading to a 1.8% decline in the past 24 hours. However, investors and traders have shown confidence in its ability to maintain its value despite this adversity. On the other hand, some experts have expressed skepticism towards ADA and predict a potential further decline in its price, particularly in its BTC trading pair, rather than a 50% drop. It seems that trading with USD or Bitcoin will not be affected.

2. Metaverse Virtua Project

In the latest news from the Virtua project, it was revealed during a recent event that the gaming industry is placing importance on Web3.0 and blockchain-based metaverse chat. Furthermore, they are developing a system to reward users who enjoy games in the Web3.0 world and networking with various game developers is also taking place. Trends in the gaming industry, such as AI and new virtual reality goggles, are also being observed. Additionally, they are working on improving blockchain usability and enhancing user experience through character movement across games.

3. ADA Market Analysis

Regarding the price analysis of Cardano (ADA), both upward and downward movements are expected in the future. On the chart, there is a possibility for the price to fill the fair value gap, which is the difference between asset price and fair price, suggesting a potential new downward movement. The concept of waves and zigzag patterns is also mentioned, indicating the possibility of price experiencing volatility alongside upward and downward movements. While the likelihood of a new downward movement is high, it is expected to be short-lived, with a potential rebound in the range of 29 to 30 cents before another decline occurs.

Quoted URL

https://www.youtube.com/watch?v=ELS7C6ePisA
https://www.youtube.com/watch?v=P7uy3zhrrtI
https://www.youtube.com/watch?v=U5TTFvyr0Vc