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Homeweb3.0BlockDAG's Podcast Reveals Exciting Roadmap Details! TRUMP Coin Dips Over 85%, Cardano Shows Breakout Potential

BlockDAG is setting a new standard in crypto transparency with its podcast series, offering a front-row seat to every key decision.

BlockDAG's Podcast Reveals Exciting Roadmap Details! TRUMP Coin Dips Over 85%, Cardano Shows Breakout Potential

The cryptocurrency market is known for its volatility and rapid shifts in momentum, making it a constant source of fascination and speculation. As the dust settles on May, certain crypto projects are grabbing attention for starkly different reasons. While the price of TRUMP coin has dropped over 85%, and Donald Trump claims to have made no personal profit from the Solana-based meme token, BlockDAG is offering a unique window into its journey with a regular podcast series.

TRUMP Coin Dips 85%, Trump Denies Personal Profits

The price of TRUMP coin has dropped dramatically since its peak in March, with the token now trading at $9.64. The coin, which is a Solana-based meme token created by fans of the former president, had reached a high of $75.35 before encountering strong selling pressure.

In a recent interview with NBC's "Meet the Press," Trump was asked about the token and whether he had made any personal profit from its sale. The former president stated that he had not personally profited from the token and that he was not involved in its creation.

"I didn't make money from it. It's like when they say, 'Oh, his stock went up.' Well, of course, my stock went up. I was president of the United States, and they make a big deal about it," Trump said.

When asked if he was a fan of cryptocurrency, Trump replied that he was a fan of anything that was good for the United States. He added that he was an admirer of Bitcoin and other cryptocurrencies, but he did not want to discuss them in detail.

"I think it's a great thing, especially in terms of a national interest, not a personal interest. I'm a fan of Bitcoin. I'm a fan of cryptocurrency. I think it's a great thing, and I think it's a tremendous asset that we have in the United States."

Trump's comments come as the cryptocurrency market is showing signs of a recovery, with Bitcoin and Ethereum both showing gains in recent weeks. However, the market remains volatile, and there are no guarantees that the recovery will continue.

ADA Shows Breakout Potential As Whale Activity Rises And NFT Hype Returns

In other cryptocurrency news, Cardano (ADA) is showing signs of breakout potential as whale activity heats up and the hype surrounding ADA NFTs returns. The $0.74 resistance remains a key level to watch in the near term, with a breach potentially opening the door for a substantial rally towards the next resistance at $1.

Technical analysis by renowned crypto analyst Nehal provides valuable insights into ADA's price movements. His analysis of the 4-hour chart reveals a bullish descending wedge pattern, which is a technical indicator that suggests a reversal of the prevailing trend is likely to occur.

Moreover, Cardano has crossed the crucial support level of $0.691, which is pivotal for continuing the recovery from the March lows. A successful claim of $0.75 could pave the way for a rally to the mentioned Fib level at $0.74, setting the stage for further gains towards the 50% Fib level at $0.66.

Furthermore, ADA NFTs are garnering fresh attention in the social sphere, which could provide additional support for the Cardano price. This attention comes as broader crypto markets face pressure, and traders are showing caution.

Recent data from blockchain analytics firm Token Terminal indicates that large cryptocurrency investors, known as whales, accumulated over 410 million ADA in April alone.

As reported by AMB Crypto, this accumulation activity is significant, considering that ADA's total circulating supply is approximately 72.05 billion tokens.

The combination of technical, social, and fundamental factors creates a promising outlook for Cardano in the coming months. However, it's important to note that the ADA price forecast remains subject to change, depending on market conditions and other relevant factors.

BlockDAG Is Inviting Followers On A Special Journey With Its Podcast Series

In a refreshing shift from the usual presale secrecy, BlockDAG is offering an exclusive peek into its journey with a regular podcast series. Each episode dives deep into the project's roadmap, provides updates on exchange listings, and peeks behind the scenes at what's next.

This level of transparency is rarely seen in the crypto world, and it allows followers to stay updated at every turn, from the project's presale to its mainnet launch.

With over $233.5 million raised so far and 19.9 billion BDAG tokens already sold, the anticipation for BlockDAG is immense. Batch 28 of the presale is currently ongoing, with the price of BDAG set at $0.0262.

However, for those who want to get in even earlier, there's a special price of $0.0019 available until May 13.

News data source: kdj.com

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