Cardano (ADA) Anticipates a New Wave as It Gears Up for a Breakout, But Will It Reach $1.16?

The crypto community has already begun anticipating a new wave that could soon arrive as Cardano (ADA) gears up for a breakout.

Cardano (ADA) is gearing up for a breakout, with the ADA coin price currently sitting above the $0.8 mark. This has sparked anticipation within the crypto community for a new wave of上涨趋势. While ADA is approaching a critical point that could either make or mar its rally, experts predict that ADA could soon reach and even surpass the $1.16 mark.

As some investors are deciding to hold on for as long as it takes for ADA to reach its full potential, others are seeking immediate returns. It comes as no surprise that these investors are looking toward 1Fuel, a stage four presale project with a promising bonus gain of 40% within the next 24 hours for early investors.

With the presale stages nearly done and 1Fuel steadily nearing its launch, investors are tripping themselves to jump on the bandwagon. Here's why.

Cardano (ADA): Could this rally continue till $1.16

Cardano, a platform built on a proof-of-stake (PoS) blockchain, is one of the biggest blockchains to successfully integrate the PoS consensus mechanism. However, it faced a severe decline of nearly 19% from $1.0047 in the past month due to numerous factors.

One of the major reasons for ADA’s lack of growth is competition. Several other PoS blockchains have been launching and updating their mainnets at a faster rate, which has been eating into ADA's market share and slowing down its growth. Another factor that has been hindering ADA's growth is the delay in the launch of key Cardano updates.

One of the most anticipated updates, the Vasil hard fork, was initially planned for June 29th, 2022. However, it faced several delays and was eventually postponed indefinitely. This delay in the launch of key Cardano updates has left investors disappointed and has impacted ADA's price negatively.

Another major limitation of the ADA coin is its inability to attain extensive adoption. Despite being one of the top cryptocurrencies by market capitalization, ADA is still not widely accepted as a payment method. This limited adoption is slowing down ADA's growth and making it difficult for the cryptocurrency to reach its full potential.

Notwithstanding, ADA is showing signs that a strong uptrend might be just around the corner as crypto veterans are predicting that ADA is setting up for a minimum potential increase of up to 24% that could bring it to $1.02 and continue until $1.16. However, if it falls beyond its $0.74 support level, this could start a nearly catastrophic bearish run.

1Fuel: A one-time opportunity of 40% in 24 hours

1Fuel, a new DeFi project has captivated new investors and is about to change the crypto game. 1Fuel boasts of a whooping sale of over 217,000,000 with over $2,300,000 raised from its presale.

Early investors are already beginning to go as far as doubling or tripling their initial investment with experts predicting 1Fuel could bring up to 500% returns just after launch.

With the launch of its beta wallet coming up, 1Fuel has amazing rewards set up for every milestone hit. If the first target of $2.5M is hit, a 5% bonus is issued on all token purchases and a 20% bonus on purchases until February 23rd.

Hitting the second target of $2.75M signifies a 10% bonus on all token purchases to date and 30% bonus on all purchases for the next 24 hours. The third and final target will be hit at $3M and investors will get a 10% bonus on all token purchases, 20% bonus on all purchases till 23rd, February and an exclusive beta access to the wallet for investors who contributed $2,000 or more.

It is important to note that 1Fuel has gained this momentum through features such as cross-chain transactions and virtual and physical debit cards. 1Fuel is also laser-focused on protecting its users’ privacy and investments, using a built-in privacy mixer and cold storage solutions. It promises staking rewards of up to 30% APR, giving investors an avenue to earn passively.

Conclusion

With the ADA coin price expected to massively increase to around $1.16, what better way to earn more than grabbing this deal that is about to be off the table? 1Fuel bonuses are instant and the best financial advice you can get is to buy now.

Buy 1FUEL token now at a low price of $0.018 and get the most out of your investment.

To Find Out More About The 1Fuel Presale Use The Links Below:

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