Category: Altcoin Analysis

Terra’s Mirror Protocol shows first signs of bottoming after price gains 30% in 48 hours

Terra’s Mirror Protocol shows first signs of bottoming after price gains 30% in 48 hours

Mirror Protocol, a decentralized finance (DeFi) protocol built atop the Terra blockchain, was among the biggest gainers in the last 48 hours, primarily as its native token MIR rallied by over 30% to $1.48, its highest level since Jan. 22. MIR/USD four-hour price chart. Source: TradingView Has Mirror Protocol bottomed out? MIR price rose despite an absence […]

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Cardano risks 60%-90% drop, warns trader with ADA painting a classic bearish pattern

Cardano risks 60%-90% drop, warns trader with ADA painting a classic bearish pattern

Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The project’s founder Charles Hoskinson confirmed that they recently processed the sales of more than $10 million worth of non-fungible tokens atop their public ledger. Moreover, SundaeSwap, the first DeFi DEX to utilize Cardano smart contracts […]

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