From 4:00 pm on Friday in Cardano (Crypto: ADA)Polka dot pattern (Crypto: dot)And and avalanches (Cryptography: AVAX) As of 3:00 pm on Monday, it is the worst performance of 39.3 %, 33.7 %, and 33.1 %, respectively.
As in mostly most risk -assets, Trump’s willingness to set up tariffs is paused after the country, which has a pledge for major campaigns to Mexico, Canada, and China. Regardless of the announcement, it certainly contributes to today’s decline. I made some concessions. Investors are clearly paying close attention to the fact that investors are highly uncertain, capital away from risks and to rotate towards more defensive assets. It’s a token.
Let’s jump into some important factors that promote today’s sale in Cardano, Polkadot, and avalanches.
What is interesting about the decrease in these three cryptociics projects this weekend is that it is not obviously promoted by a fundamental basis.
In the case of Cardano, the volume of transactions actually increased rapidly during this rally. The user has been loading on the Cardano network following the PLOMIN HARD FORK, which was released over the past week. Most investors involved in the Cardano ecosystem remain bullish on the possibility of continuous growth and accumulation among those who are seeking more efficiency in the world of layer one blockchain.
Polkadot’s sluggishness also coincides the relatively positive news that the application for another spot Polkadot Excutrade Fund (ETF) was submitted to the Securities and Exchange Commission (SEC) last weekend. This is a major web3 Crypto network aimed at creating a distributed WEB by combining a large number of top blockchain (focused on improving interoperability). It is a top project to be.
Finally, AVALANCHE’s own upgrade is reportedly reduced its usage fee by about 75 %, and some investors have been questioning the recent sale. There are many expectations that the improvement of these efficiency will eventually accelerate to continue the growth of transactions, which is a project that claims that many people do not fall to this extent.
There is certainly a great opportunity for investors with sufficient long investment time, as in the case of a major sale, almost completely driven by one comprehensive catalyst.
The story will continue