After surging by 11% following Grayscale's application for Cardano (ADA) exchange-traded funds (ETF) on Monday, ADA is at the forefront of speculation about its price prediction on Valentine’s Day. Trading at $0.7929 today, ADA rose by 1.51% in the last 24 hours. Despite the slight increase, market sentiment around ADA remains bearish. This has left the crypto community wondering: What could ADA’s price be on Valentine’s Day?
Alongside Cardano in the altcoin sector, new player JetBolt (JBOLT) is generating headlines with its disruptive zero-gas technology and rapidly growing adoption.
As Grayscale files for Cardano’s ETF, can it push ADA to new heights on Heart’s Day? And what’s driving the growing whale interest in JetBolt? Let’s find out.
On February 10th, crypto investment firm Grayscale filed for a Cardano ETF on the New York Stock Exchange (NYSE), stimulating ADA’s price to increase by $0.80. This bold move pushed ADA’s price to jump by 11%, outpacing Bitcoin (BTC) and Ethereum (ETH) in their 24-hour price performance charts. Despite its recent leap, ADA is still down by 16.34% this month but has surged by 7.65% over the past week.
According to Cardano analysts, the market crash caused by the announcement of the new U.S. tariff rule on February 2nd contributed to ADA’s recent downturn. Despite dropping to $0.6131 on February 3rd, ADA is already showing signs of recovery, with its current price of $0.7929.
While factors such as investors’ confidence in the coin, the expansion of Cardano’s ecosystem or technological developments, and potential ETF approval could propel ADA’s price to spike, current levels of market volatility may test ADA in the coming days.
JetBolt (JBOLT) is a new forefront runner in the crypto market with its use of groundbreaking zero gas technology powered by Skale. With an astonishing presale record of selling over 320 million tokens since its debut, JetBolt is gaining mindshare.
By implementing this zero gas blockchain solution, JetBolt not only presents an innovative approach to the ever-evolving world of crypto but also helps users unshackle themselves from the longstanding hurdle of gas fees.
JetBolt also offers an advanced Web3 wallet that utilizes biometric and facial recognition features for easy login use. Aside from this Web3 wallet innovation, JetBolt allows more seamless transactions for its users by enabling lightning-fast and near-instant finality attributes on its platform.
To highlight this young crypto’s tech dexterity, JetBolt’s cutting-edge AI news aggregation tool showcases snippets of blockchain news, crypto trending stories, and Web3 content sorted based on market sentiment.
Beyond tech, JetBolt’s holders can also earn crypto rewards when they stake their tokens. Taking things a step further, stakers can receive even more rewards when they simultaneously stake their tokens and take part in engagement activities on the platform.
Meanwhile, early adopters can acquire up to 25% more tokens when they purchase JetBolt’s Alpha Box packages or batch token deals. In addition to this, JetBolt’s token price also increases daily during its ongoing presale.
With its perfect blend of user-focused attributes and a novel staking system, JetBoltcapturing growing mindshare in the altcoin market.
After spiking by 11% following Grayscale's application for Cardano ETF, the crypto community is buzzing with ADA’s price prediction for Valentine’s Day. While bullish ADA pundits project an increase in growth, many factors could still test their prediction. Meanwhile, a new altcoin is keeping the buzz alive in the crypto market: JetBolt (JBOLT). This emerging altcoin star is making headlines with its soaring momentum of selling over 320 million tokens as of press time. Boasting its cutting-edge features such as zero-gas technology, a Web3 wallet, and an AI tool, JetBolt is rising as one of the sought-after cryptos this year.
Please bear in mind and take note that this write-up does not include any trading guidance or financial advice. All cryptocurrency prices change abruptly and the crypto market shifts often. Please do your own research (DYOR) before purchasing any cryptocurrency. Exercising caution is a must.
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