The post Why Cardano Investors Are Moving Assets to Self-Custody Now appeared on BitcoinEthereumNews.com. Home » Crypto Bits “Currently, a 10 billion market capThe post Why Cardano Investors Are Moving Assets to Self-Custody Now appeared on BitcoinEthereumNews.com. Home » Crypto Bits “Currently, a 10 billion market cap

Why Cardano Investors Are Moving Assets to Self-Custody Now

4 min read

Home » Crypto Bits


“Currently, a 10 billion market cap, this thing is not even worth $1 billion,” one X user argued.

‘;
}
function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);
const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}
function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}
// Initial Load for Desktop
if (window.innerWidth > 768) {
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}
// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}
// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();


Summarize with AI


Summarize with AI

The latest cryptocurrency market crash was brutal, sending Cardano’s ADA to multi-month lows.

Some analysts believe the storm may not be over, warning the price could nosedive by as much as 75% in the short term.

The Bad Days for the Bulls Aren’t Over?

Several hours ago, ADA plunged to 0.27, the lowest level since August 2024. Currently, it trades at around $0.29 (per CoinGecko’s data), representing a 15% decline on a weekly scale.

ADA Price, Source: CoinGecko

The well-known analyst DrBullZeus claimed that the asset is now nearing “a must hold support zone” at the range of $0.24-$0.28. He thinks that breaking below that level could result in a price crash to $0.125 and even $0.075.

The popular trader Matthew Dixon also chipped in. He suggested that “technically speaking,” ADA has retraced in three waves since the local top seen towards the end of 2024. He outlined $0.24 as a “very important long-term support,” predicting that as long as it holds, the price could rebound.

Prior to that, Harmonic Trader predicted that in six months, ADA might trade under $0.10. “Currently, a 10 billion market cap, this thing is not even worth $1 billion,” they argued.

Time to Rally?

Despite ADA’s recent price decline, some other analysts remain optimistic that a resurgence could be on the way. One of them, using the X nickname “Lucky,” asked their almost two million followers whether they plan to increase their exposure to the token at current rates. The analyst also envisioned a potential pump to nearly $1 in the near future.

You may also like:

LaPetite is also bullish. Several days ago, he forecasted that ADA is about to go “parabolic,” claiming that “huge announcements” concerning Cardano are coming soon.

The recent exchange netflows signal that a rebound could indeed be on the horizon. Data provided by CoinGlass shows that over the past days and weeks, outflows have significantly outpaced inflows. This means investors have been shifting from centralized platforms to self-custody, which in turn reduces immediate selling pressure.

ADA Exchange Netflow, Source: CoinGlass
SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source: https://cryptopotato.com/ada-price-alert-why-cardano-investors-are-moving-assets-to-self-custody-now/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

GCC and India to sign terms for start of free trade talks

GCC and India to sign terms for start of free trade talks

The Gulf Cooperation Council (GCC) and India reportedly will sign terms of reference on Thursday to resume talks aimed at finalising a free trade agreement.  Indian
Share
Agbi2026/02/05 13:45
PEPE Holders Looking For The Next 100x Crypto Set Their Sights On Layer Brett Presale

PEPE Holders Looking For The Next 100x Crypto Set Their Sights On Layer Brett Presale

The post PEPE Holders Looking For The Next 100x Crypto Set Their Sights On Layer Brett Presale appeared on BitcoinEthereumNews.com. Crypto News 18 September 2025 | 01:13 The Shiba Inu price prediction has regained investor attention this month as meme coin traders shift strategies ahead of Q4. While SHIB and PEPE continue to dominate headlines, many early holders are now hunting for the next breakout. Layer Brett (LBRETT), a new Ethereum Layer 2 meme coin, is quickly emerging as a top contender. Shiba Inu price prediction: Ecosystem grows but limited short-term upside Shiba Inu (SHIB) is currently priced at $0.00001307, showing slow but steady performance this September. Despite the relatively quiet price action, SHIB’s long-term vision is continuing to take shape. With the rollout of Shibarium, its Layer 2 network, Shiba Inu is transitioning from meme coin status to ecosystem coin. That said, analysts believe that short-term price action remains capped unless broader meme coin interest returns in full force. Resistance levels near $0.000015 remain tough to crack without major catalysts or a spike in retail enthusiasm. For now, Shiba Inu price predictions remain cautious, with most calling for gradual moves higher rather than a sudden breakout. Still, SHIB’s loyal community and expanding ecosystem keep it on the radar for long-term holders, especially those betting on its metaverse and DeFi ambitions to mature into stronger use cases by 2025. PEPE struggles to reclaim momentum after early hype PEPE exploded onto the meme coin scene in 2023 and gained massive traction with retail investors. However, the token’s parabolic rise was followed by a sharp correction. Currently priced around $0.00001087, PEPE still maintains a large following, but the lack of clear development or new utilities has left holders searching for alternatives with more potential. With many early PEPE investors now down from peak levels, attention has shifted to lower-cap meme coins that offer actual utility and early entry benefits. While PEPE may…
Share
BitcoinEthereumNews2025/09/18 07:02
Morning brief: Asian stocks slump as AI capex fears grow, silver plunges

Morning brief: Asian stocks slump as AI capex fears grow, silver plunges

Asian markets retreated on Thursday as investors rotated out of technology stocks amid mounting concerns over the escalating cost of artificial intelligence investment
Share
Coinstats2026/02/05 13:56