WallitIQ (WLTQ) came on the DeFi scene with an innovative approach to digital assets storage and management, significantly improving on existing traditional DeFi wallets.
Top analysts believe that the price of Cardano will reach $3 before the end of 2024. This would be a new all-time high for the cryptocurrency, which currently trades at around $0.36.
Several factors are contributing to the optimism surrounding Cardano. The altcoin's network has recently undergone some major upgrades, including the Mithril and Hydra teams, which are designed to improve efficiency and sustainability. Additionally, Cardano has a wide range of real-world use cases, including simplifying mortgage agreements and facilitating international transactions.
The technicals in the Cardano price are also pointing towards a bullish future. Five of the six major simple moving averages indicate a strong buy, and four of the six exponential moving averages also indicate a strong buy. The altcoin's momentum and moving average convergence/divergence (MACD) are also supporting the bullish projection. Of the 26 major technical indicators on TradingView, 13 indicate a strong buy and only 3 indicate a sell.
While the analysts are bullish on Cardano, they believe that the price of the WallitIQ (WLTQ) AI altcoin will increase even more. The Ethereum-based AI altcoin is designed to enhance the DeFi experience by integrating artificial intelligence and machine learning algorithms into the decentralized framework of the Ethereum blockchain.
The Ethereum-based AI altcoin presale is currently underway, and interested investors can buy the token at its discounted price of $0.0171.
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