Cardano faces pressure at $0.50, while EV2’s gaming presale raises $ 284,000, offering early access to a play-to-earn ecosystem.
Cardano (ADA) has recently faced turbulence, testing key support levels as the broader cryptocurrency market grapples with volatility. ADA is currently trading at approximately $0.50 and is experiencing pressure from broader market trends, as most investors seek alternative investments that promise better growth opportunities.
One project gaining significant attention in the Web3 gaming space is Earth Version 2 (EV2), which has already raised over $284,000 in its early presale stages. With Cardano on the verge of reaching a critical milestone, the focus is on the potential of promising presales, such as EV2, which is likely to dominate the next generation of gaming and blockchain integration.
Cardano Faces Pressure at $0.50 Support
Cardano’s price has struggled to maintain momentum in recent weeks, with ADA dropping to a 12-month low near $0.50. A rise in trading volume, which surged by 40% recently, has done little to prevent aggressive selling. As ADA clings to the $0.50 mark, many traders are watching closely, uncertain whether this support will hold. The RSI of 33.15 indicates that the market is now moving towards oversold territory, yet the momentum remains squarely in the hands of the bears.
This negative trend is compounded by recent statistics indicating that institutional players have been reluctant to gain exposure to ADA, despite its growing ecosystem. However, whales have accumulated over 348 million ADA tokens, worth approximately $200 million. This divergence in price action and investor behavior has created a confusing dynamic in Cardano’s current market performance.
Large Cardano holders accumulated 1.41B ADA, boosting the price by 11% despite a down market. (Source: Santiment)
In addition to the technical challenges, Cardano’s Total Value Locked (TVL) recently hit a three-year high, which points to strong ecosystem growth, yet this improvement has failed to translate into significant price action. With a heavy focus on decentralized finance (DeFi) ADA’s ability to break the $0.50 level remains critical in determining whether it can rebound or slip further into a prolonged downtrend.
EV2 Presale: An Emerging Giant in Web3 Gaming
While Cardano’s price struggles, EV2 is carving out a niche in the Web3 gaming landscape, generating significant buzz with its presale success. EV2 a free to play open world shooter with looter elements, has already managed to sell 28 million tokens and rake in a whoping $284,000. The presale price point for $EV2 tokens is set at a pretty low $0.01 but expect that to increase as we go along. It’s clear that there’s a lot of demand already even before the project’s officially launched.
What sets EV2 apart from other gaming presales is its approach to tokenomics and the close connection between the game and its tokens. The game features a play-to-earn (P2E) model, where players can compete in tournaments, win attractive prizes, and acquire valuable in-game items. The $EV2 token is basically the key to the whole operation, it powers in-game upgrades, you can use it to craft items, and you can even use it to make purchases on the in-game market.
For individuals who want to get in on the action, the EV2 presale offers an excellent opportunity to join at the ground level of a promising gaming ecosystem. And the best part is this isn’t just limited to crypto investors, the presale is open to everyone with the option to buy tokens with a credit card (yes, believe it or not, that is possible these days). That makes it significantly more accessible to newcomers in the world of blockchain.
As for the game itself, it’s got some seriously immersive gameplay. You get a load of different classes to choose from and some exciting game modes like Oblivion and Fracture. In Fracture, you get to battle with 25 other players in a free-for-all battle to collect some pretty cool colored cubes, find a hidden relic, and then fight it out to see who comes out on top. It’s a real mix of mind-blowing combat and player-driven economies, which means that EV2 is definitely one to watch when it comes to shaking up the current gaming scene.
To take part in the EV2 presale, you can buy $EV2 tokens using a bunch of different methods. You can use Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Solana (SOL), and even credit cards.
The development team behind EV2 is already off to a flying start. They’re planning on launching on Steam and Epic Games Store, throwing in some pretty cool incentives for early investors, like a free Epic gun skin when you pre-register.
Final Thoughts: Can ADA Recover?
As we approach the final months of 2025, investors continue to closely monitor Cardano’s price action, particularly around the $0.50 level. While things in the Cardano world are starting to pick up nicely in terms of growth, ADA’s price will still be at the mercy of what happens on the broader market. If it does break below that $0.50 level, then things could take a turn for the worse, especially if the bears start getting the upper hand again.
As we approach the final months of 2025, investors continue to closely monitor Cardano’s price action, particularly around the $0.50 level. The combination of engaging gameplay, a solid tokenomics plan, and a presale structure that actually allows people to join in makes it a viable option for both individuals looking to invest in crypto and traditional gamers who want to get involved.
EV2 Presale
Website: https://ev2.funtico.com/
Telegram: https://t.me/EV2_Official
Twitter:https://x.com/EV2_Official