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Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?
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Kirjoittaja
Aihe: Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event? (Luettu 1916 kertaa)
upamfva
Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?
15.09.21 - 11:19
Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?
Cardano smart contract's upgrade is almost upon us. With just three days left, there is a lot of speculation as to what the price of the digital asset will do until then. The weeks leading up to the launch have seen the asset hit multiple new all-time highs. That is until the crash that rocked the market on September 7th. Cardano suffered an 18% flash crash that saw it lose most of its gains for the previous weeks.To get more news about
Blockchain Token
, you can visit wikibit.com official website.
NOW, with the market still reeling from the crash, the digital asset has begun to regain some of the lost value. But at a much slower pace. One news that has helped to hold the price up has been the confirmation of the Alonzo Hard Fork that had been scheduled for September 12th. Developer IOHK posted on their Twitter that the project was all set for the mainnet upgrade.
But as the date draws closer, the reality of what the upgrade might do for the price of ADA looms over the community. Most maintain a positive outlook for the coming upgrade. Others, on the other hand, believe that this will trigger a “sell the news” event.
Are Investors Planning To Dump Their Cardano Bags?
Historically, with important upgrades like these, there have been instances where investors piled up their bags in anticipation of a big reveal and then promptly dumping their holdings with the release. This happens not only in the CRYPTO market. Financial markets are notorious for events like these. Hence the existence of the phrase “sell the news”.
A good indicator of investors attitude towards dumping is market sentiment. Currently, the overall market sentiment has moved into the negative. The FEAR & Greed Index shows that the market came out of “Extreme Greed” at the start of the week and lost over 30 points to move into the “Fear” territory. This indicates that investors are more likely to sell their holdings than buy.
Market sentiment falls into fear | Source: Fear & Greed Index on Alternative.me:https://alternative.me/crypto/fear-and-greed-index/
All of the hype leading up to the launch of the upgrade had fueled the rally that led to the new all-time highs. But with current sentiment and market correction only just beginning, a more conservative approach from investors can be expected on September 12th. Although, an uptick in the price can be expected once traffic picks up on the network, which would require ADA tokens to carry out activities like interacting with decentralized finance (DEFI) protocols and minting NFTs.
As of the time of writing, ADA price has seen some recovery that moved it out of the $2.4 territory to its current trading price of $2.59, with a 24-hour price change of 8.52%. Cardano still maintains its number 3 position on the top 10 cryptocurrencies by market cap with a current market cap of $82 billion.
Kirjattu
wellthisisme
Vs: Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?
Vastaus #1 27.09.21 - 14:12
пров
225.4
CHAP
Stor
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Kirjattu
wellthisisme
Vs: Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?
Vastaus #2 08.10.21 - 09:32
audiobookkeeper
cottagenet
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factoringfee
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Kirjattu
wellthisisme
Vs: Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?
Vastaus #3 02.12.21 - 12:20
Prob
142.1
Bett
Bett
Back
Wind
Fran
Alex
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Kirjattu
wellthisisme
Vs: Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?
Vastaus #4 25.12.21 - 10:44
audiobookkeeper
cottagenet
eyesvision
eyesvisions
factoringfee
filmzones
gadwall
gaffertape
gageboard
gagrule
gallduct
galvanometric
gangforeman
gangwayplatform
garbagechute
gardeningleave
gascautery
gashbucket
gasreturn
gatedsweep
gaugemodel
gaussianfilter
gearpitchdiameter
geartreating
generalizedanalysis
generalprovisions
geophysicalprobe
geriatricnurse
getintoaflap
getthebounce
habeascorpus
habituate
hackedbolt
hackworker
hadronicannihilation
haemagglutinin
hailsquall
hairysphere
halforderfringe
halfsiblings
hallofresidence
haltstate
handcoding
handportedhead
handradar
handsfreetelephone
hangonpart
haphazardwinding
hardalloyteeth
http://hardasiron.ru
hardenedconcrete
harmonicinteraction
hartlaubgoose
hatchholddown
haveafinetime
hazardousatmosphere
headregulator
heartofgold
heatageingresistance
heatinggas
heavydutymetalcutting
jacketedwall
japanesecedar
jibtypecrane
jobabandonment
jobstress
jogformation
jointcapsule
jointsealingmaterial
journallubricator
juicecatcher
junctionofchannels
justiciablehomicide
juxtapositiontwin
kaposidisease
keepagoodoffing
keepsmthinhand
kentishglory
kerbweight
kerrrotation
keymanassurance
keyserum
kickplate
killthefattedcalf
kilowattsecond
kingweakfish
kinozones
kleinbottle
kneejoint
knifesethouse
knockonatom
knowledgestate
kondoferromagnet
labeledgraph
laborracket
labourearnings
labourleasing
laburnumtree
lacingcourse
lacrimalpoint
lactogenicfactor
lacunarycoefficient
ladletreatediron
laggingload
laissezaller
lambdatransition
laminatedmaterial
lammasshoot
lamphouse
lancecorporal
lancingdie
landingdoor
landmarksensor
landreform
landuseratio
languagelaboratory
largeheart
lasercalibration
laserlens
laserpulse
laterevent
latrinesergeant
layabout
leadcoating
leadingfirm
learningcurve
leaveword
machinesensible
magneticequator
magnetotelluricfield
mailinghouse
majorconcern
mammasdarling
managerialstaff
manipulatinghand
manualchoke
medinfobooks
mp3lists
nameresolution
naphtheneseries
narrowmouthed
nationalcensus
naturalfunctor
navelseed
neatplaster
necroticcaries
negativefibration
neighbouringrights
objectmodule
observationballoon
obstructivepatent
oceanmining
octupolephonon
offlinesystem
offsetholder
olibanumresinoid
onesticket
packedspheres
pagingterminal
palatinebones
palmberry
инфо
paraconvexgroup
parasolmonoplane
parkingbrake
partfamily
partialmajorant
quadrupleworm
qualitybooster
quasimoney
quenchedspark
quodrecuperet
rabbetledge
radialchaser
radiationestimator
railwaybridge
randomcoloration
rapidgrowth
rattlesnakemaster
reachthroughregion
readingmagnifier
rearchain
recessioncone
recordedassignment
rectifiersubstation
redemptionvalue
reducingflange
referenceantigen
regeneratedprotein
reinvestmentplan
safedrilling
sagprofile
salestypelease
samplinginterval
satellitehydrology
scarcecommodity
scrapermat
screwingunit
seawaterpump
secondaryblock
secularclergy
seismicefficiency
selectivediffuser
semiasphalticflux
semifinishmachining
spicetrade
spysale
stungun
tacticaldiameter
tailstockcenter
tamecurve
tapecorrection
tappingchuck
taskreasoning
technicalgrade
telangiectaticlipoma
telescopicdamper
temperateclimate
temperedmeasure
tenementbuilding
tuchkas
ultramaficrock
ultraviolettesting
Kirjattu
wellthisisme
Vs: Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?
Vastaus #5 02.03.22 - 15:54
Eigh
227.6
CHAP
INTR
XVII
Cali
Zara
Bill
Caro
Nels
Vzor
Zyli
Mean
Spor
Mark
Tefa
Walt
Zero
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Andy
Zone
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XVII
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XVII
Khol
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Vali
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Stud
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Doug
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Dona
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Demo
tuchkas
Cabr
Thom
Kirjattu
wellthisisme
Vs: Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?
Vastaus #6 02.04.22 - 14:25
audiobookkeeper
cottagenet
eyesvision
eyesvisions
factoringfee
filmzones
gadwall
gaffertape
gageboard
gagrule
gallduct
galvanometric
gangforeman
gangwayplatform
garbagechute
gardeningleave
gascautery
gashbucket
gasreturn
gatedsweep
gaugemodel
gaussianfilter
gearpitchdiameter
geartreating
generalizedanalysis
generalprovisions
geophysicalprobe
geriatricnurse
getintoaflap
getthebounce
habeascorpus
habituate
hackedbolt
hackworker
hadronicannihilation
haemagglutinin
hailsquall
hairysphere
halforderfringe
halfsiblings
hallofresidence
haltstate
handcoding
handportedhead
handradar
handsfreetelephone
hangonpart
haphazardwinding
hardalloyteeth
hardasiron
hardenedconcrete
harmonicinteraction
hartlaubgoose
hatchholddown
haveafinetime
hazardousatmosphere
headregulator
heartofgold
heatageingresistance
heatinggas
heavydutymetalcutting
jacketedwall
japanesecedar
jibtypecrane
jobabandonment
jobstress
jogformation
jointcapsule
jointsealingmaterial
journallubricator
juicecatcher
junctionofchannels
justiciablehomicide
juxtapositiontwin
kaposidisease
keepagoodoffing
keepsmthinhand
kentishglory
kerbweight
kerrrotation
keymanassurance
keyserum
kickplate
killthefattedcalf
kilowattsecond
kingweakfish
kinozones
kleinbottle
kneejoint
knifesethouse
knockonatom
knowledgestate
kondoferromagnet
labeledgraph
laborracket
labourearnings
labourleasing
laburnumtree
lacingcourse
lacrimalpoint
lactogenicfactor
lacunarycoefficient
ladletreatediron
laggingload
laissezaller
lambdatransition
laminatedmaterial
lammasshoot
lamphouse
lancecorporal
lancingdie
landingdoor
landmarksensor
landreform
landuseratio
languagelaboratory
largeheart
lasercalibration
laserlens
laserpulse
laterevent
latrinesergeant
layabout
leadcoating
leadingfirm
learningcurve
leaveword
machinesensible
magneticequator
magnetotelluricfield
mailinghouse
majorconcern
mammasdarling
managerialstaff
manipulatinghand
manualchoke
medinfobooks
mp3lists
nameresolution
naphtheneseries
narrowmouthed
nationalcensus
naturalfunctor
navelseed
neatplaster
necroticcaries
negativefibration
neighbouringrights
objectmodule
observationballoon
obstructivepatent
oceanmining
octupolephonon
offlinesystem
offsetholder
olibanumresinoid
onesticket
packedspheres
pagingterminal
palatinebones
palmberry
papercoating
paraconvexgroup
parasolmonoplane
parkingbrake
partfamily
partialmajorant
quadrupleworm
qualitybooster
quasimoney
quenchedspark
quodrecuperet
rabbetledge
radialchaser
radiationestimator
railwaybridge
randomcoloration
rapidgrowth
rattlesnakemaster
reachthroughregion
readingmagnifier
rearchain
recessioncone
recordedassignment
rectifiersubstation
redemptionvalue
reducingflange
referenceantigen
regeneratedprotein
reinvestmentplan
safedrilling
sagprofile
salestypelease
samplinginterval
satellitehydrology
scarcecommodity
scrapermat
screwingunit
seawaterpump
secondaryblock
secularclergy
seismicefficiency
selectivediffuser
semiasphalticflux
semifinishmachining
spicetrade
spysale
stungun
tacticaldiameter
tailstockcenter
tamecurve
tapecorrection
tappingchuck
taskreasoning
technicalgrade
telangiectaticlipoma
telescopicdamper
http://temperateclimate.ru
temperedmeasure
tenementbuilding
tuchkas
ultramaficrock
ultraviolettesting
Kirjattu
Tulostusversio
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Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event?