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Cardano (ADA) has shown resilience, holding onto most gains made during last year’s bull run, even as the broader crypto market struggles. Meanwhile, an Ethereum (ETH) whale recently made waves, forecasting a major upside for MetaClip (MCLP), a new platform to transform token exchange.
This whale made rather bold claims that MetaClip has greater potential than leading exchange OKX, leaving some potential investors fascinated.
Cardano rallies
Cardano has seen a 2.48% price increase in the past week, reaching $0.6013. This growth coincides with an influx of new investors.
Experts remain optimistic about ADA’s potential for further growth in 2024 despite past resistance around $0.69.
ADA fluctuates between $0.50 support and $0.69 resistance, creating a critical decision point.
Some analysts believe mirroring its 2020 trajectory could lead to a bull run towards $0.81 or even $8.
Ethereum value proposition grows
Ethereum, the second-largest cryptocurrency after Bitcoin (BTC), has seen recent price increases, contributing to the broader altcoin rally.
This growth coincides with positive market sentiment and Ethereum’s ecosystem developments, including upgrades like Dencun.
Additionally, some market participants anticipate potential approval of spot Ethereum ETFs by the U.S. SEC in May, further contributing to bullish sentiment.
After reaching a two-year high above $3,000, ETH experienced a brief price correction as some investors took profits.
However, with major network upgrades approaching, ETH’s future price performance remains uncertain.
MetaClip to flip OKX?
MetaClip is a new decentralized cryptocurrency exchange that empowers traders globally through instant, low-cost transactions while keeping personal identity private.
Early participants in the presale receive exclusive benefits like staking rewards, cashback, and dividend payouts.
Token holders can also shape MetaClip’s future by proposing and voting on platform upgrades through a decentralized governance system.
No complex KYC procedures are required; users can instantly trade major crypto pairs by creating an account.
Additionally, rapid deposits and withdrawals facilitate seamless fund transfers. Automated trading bots are available for those who prefer not to input orders manually.
Reaching higher VIP tiers within MetaClip unlocks additional income streams, with potential rewards of up to 75% based on trading volume.
By sharing 50% of all fee revenue with presale investors based on their holdings, MetaClip incentivizes growth in its secure, transparent, and trust-based marketplace.
The ecosystem offers numerous benefits, including 0% swap fees, staking rewards, governance rights, and more, positioning MetaClip as a potential user hub.
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Source: https://crypto.news/cardano-is-steady-as-ethereum-whale-backs-metaclip-to-flip-okx/