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AKRO is rallying, up 13% today: here’s where to buy AKRO

The live Akropolis (AKRO) price today is $0.0056 with a 24-hour trading volume of $176.6 million. At the time of writing, Akropolis was up 13%.  

This brief guide has everything you need to know about the AKRO network and coin, including whether and where to buy AKRO if you choose.

Top places to buy AKRO now

Capital.com

Capital.com offers investors an award winning trading platform that can access multiple financial markets including the new and exciting cryptocurrency market.

Buy AKRO with Capital.com today

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy AKRO with Binance today

What is AKRO?

Akropolis is a company that runs an Ethereum-based DeFi protocol that seeks to make an autonomous financial ecosystem available for saving and accumulating wealth, including through lending and borrowing. 

To do so, it offers a set of cutting-edge products including Sparta, a platform for uncollateralized lending and AkropolisOS, a framework for developing for-profit decentralized autonomous organizations.

Another important product is Delphi, a yield farming aggregator and tool for dollar-cost averaging.

Should I buy AKRO today?

AKRO can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.

AKRO price prediction

According to Tech News Leader, the price of Akropolis’ token can go up to $0.007 in a year. It will be worth $0.021 in five years and $0.12 in a decade.

AKRO on social media

The post AKRO is rallying, up 13% today: here’s where to buy AKRO appeared first on CoinJournal.

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Cardano has retreated by 90% from its all-time highs – Can it turn around?

Cardano (ADA) has officially entered the bear market. The coin has been on a downward retreat for the last few months. Although there have been cases where it has rallied slightly, overall, the price action has remained quite suppressed. Here are some key facts:

  • Cardano has lost over 90% from its all-time highs in 2021

  • The coin has also fallen below the crucial $0.5 support level

  • ADA however still has a lot of potentials and could hit $10 by the end of the year

Data Source: TradingView 

Cardano: How feasible is $10

For ADA to hit $10 by the end of the year, the coin will need to grow by 20x in six months. While this may seem like a pipe dream owing to the slow sentiment in the market, it’s actually not unprecedented. 20x growth in crypto is after all something quite common. 

However, things will not be that simple for ADA bulls. But, it is clear that the coin is heavily undervalued. For example, even though Cardano continues to report significant growth in its ecosystem, the coin has failed in the past few weeks to cross above $1. Besides, the general weakness in the market appears to have taken its toll on many large-cap coins.

As soon as sentiment starts to turn around, we expect ADA to fully rally. It is likely that a change in investor sentiment may come in the second half of 2022. Even if ADA doesn’t hit $10, the possibility of 10x growth is still high.

Why you must buy Cardano now

The thing about Cardano is that it still has so much to offer. The coin will probably take months to achieve its true potential. 

But if you don’t mind holding it for long, then returns in a year or so could be massive. The $0.4 price right now is probably the cheapest ADA will get.

The post Cardano has retreated by 90% from its all-time highs – Can it turn around? appeared first on CoinJournal.

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Terra Classic (LUNC) crashes by nearly 80% barely hours after its airdrop

The month of May was dominated by news of LUNA’s crash. This came after its dollar-pegged stablecoin UST fell by nearly 90% against the dollar. In an effort to relaunch Terra and stop the bloodbath, the Terra community announced a rebrand. But Terra 2.0 has not been as successful as expected. Here are the points:

  • Terra classic lost nearly 80% of its value shortly after it announced its airdrop

  • The coin managed to recover slightly but still remains in the red.

  • More volatility is expected on LUNC over the coming weeks.

Data Source: TradingView 

Terra 2.0 – Can it woo investors?

The 80% drop shortly after launch is of course a bad sign for Terra 2.0. But this is not really the end of the world. In fact, because of high volatility in the market and slowing investor sentiment, it was largely expected that Terra 2.0 will face challenges. The good news though is that despite the drop, LUNC showed some signs of recovery. 

The coin appears to be consolidating and settling in between $4 and $6. Also, LUNC has managed to keep the market cap way above the $1 billion mark. We expect the price to continue stabilizing in the days ahead before it establishes a trend. 

After that, LUNA will start to rise and fall in line with price movements in the rest of the market. Eventually, the coin could touch $10 in a few weeks as investors start to buy into the idea.

LUNC’s long term prospects

Rebranding Terra is a big first step. It means that the people behind the project are committed in the long term. We do not think Terra 2.0 will be as big as the original Terra. 

After all, this was a project that once had over $20 billion in market cap. But it is likely that Terra 2.0 will settle at $5 billion in value in the near term.

The post Terra Classic (LUNC) crashes by nearly 80% barely hours after its airdrop appeared first on CoinJournal.