Matr1x Fireの‌価格FIRE

Despite controversy surrounding recent claims of misappropriation, Cardano is holding firm around the $0.74 support. The token is up 1.4% in the past 24 hours, though it remains down 5.6% over the past week. With a 24-hour trading volume of $856 million, down 15% from the previous day, market activity has slowed but remains steady. Cardano ( ADA ) is still far from its all-time high of $3.09, set in September 2021, sitting nearly 75% lower today. The recent developments come in the shadow of serious allegations against Cardano’s founder, Charles Hoskinson, who has come under fire after accusations emerged claiming he misused access to the Cardano network. The claims, made by NFT artist Masato Alexander on May 7, allege Hoskinson used privileged access to move about 318 million ADA, worth roughly $619 million at the time, during the 2021 Allegra hard fork. Alexander pointed to a two-step process that involved wiping out unclaimed ADA from the 2017 initial coin offering and using a special Move Instantaneous Rewards transaction to shift funds under the control of Hoskinson or Input Output Global, the company behind Cardano. In 2021, Charles Hoskinson unilaterally used his genesis keys to REWRITE the Cardano ledger and take control of ₳318m ($619m) By comparison, when the DAO hack happened in 2016, the Ethereum community forked over $60m. One of the largest ledger reorgs in blockchain history: 🧵 He also questioned the transparency of these movements, pointing out that only a small amount, roughly $7 million, was formally given to the Cardano governance group Intersect. Alexander likened the incident to the 2016 Ethereum DAO hack but argued Cardano lacked the same level of community oversight. Hoskinson has strongly denied the claims, calling them false and damaging. He stated that over 99.8% of ADA from the 2017 token sale was redeemed, and the remaining unclaimed funds, around 18 to 24 million ADA, were later donated to Intersect. According to Hoskinson, the October 2021 transaction was part of an automated process to prevent unredeemed tokens from becoming unusable. He also promised a full audit of the treasury transactions to be released by the Cardano Foundation. Following the backlash, Hoskinson said he was “deeply hurt” by the community’s reaction and would likely step back from social media. The one advantage in a crisis or an event that tests people is that you rapidly get to see who your friends truly are and who's fairweather. I'd like to thank all the support and kind words both privately and publicly. The downside is that I believe there will be a cold… Despite the controversy, technical indicators point to ADA being in a consolidation phase at the moment. At 51.7, the relative strength index indicates neutral momentum. The MACD has a negative crossover and little upward pressure, making it somewhat bearish. Looking at moving averages, the 10-day and 20-day EMAs and SMAs are currently acting as resistance, suggesting short-term selling pressure. Longer-term support is offered by the 30-, 50-, 100-, and 200-day moving averages, which are still trending upward. The key to stopping additional losses may lie in ADA’s ability to maintain its position above its 100-day EMA, which is at $0.73. ADA may move toward $0.78 or higher if bulls retake the 10-day EMA close to $0.76. If current support levels are not maintained, the price may drop below $0.72 and possibly reach $0.70 or even $0.68. Both sides are currently waiting for a catalyst, so the outlook is neutral.

1. What is PI Network? – A Future Giant in the Making? Mobile-first crypto mining: Users (Pioneers) mine PI via a smartphone app—no expensive rigs required Goal: Drive global crypto adoption through accessibility Why PI Stands Out: ✅ Massive community: Millions of active users ✅ Mainnet migration: Transitioning from testnet to mainnet ✅ Exchange listings: Listed on top exchanges like Huobi, OKX—boosting liquidity Recent Catalysts: Mainnet KYC rollout: More PI entering circulation Macro sentiment: Bitcoin and Ethereum trends influencing altcoin performance 2. Technical View: PI Pulls Back—But Is It a Setup for a Bounce? Current Stats: Price: $0.5822 (-2.38%) Range: $0.5810–$0.5998 Volume: 22.95M PI ($13.58M) – Moderate, fading momentum Trend Check: Moving Averages: MA(5): $0.5843 – immediate resistance MA(10): $0.5872 – mid-term pressure MA(20): $0.5908 – long-term bearish bias Conclusion: Price is below all MAs → Bearish trend Support & Resistance: Immediate Resistance: $0.5953 (swing high), $0.5998 (24h top) Major Resistance: $0.6304 – $0.6454 Critical Support: $0.5810 (24h low), $0.5500 (psychological support) Volume & Momentum Signals: Current Volume: 447.68K (vs. MA(5): 914.94K) – weak Breakout Trigger: Volume spike above 9.28M = potential reversal Key Indicators: MACD: Likely bearish Bollinger Bands: Tightening – possible upcoming volatility 3. Sentiment Snapshot: What’s Fueling the Fire (or Not)? Bullish Drivers: ✅ Active ecosystem and grassroots adoption ✅ Mainnet progress could stabilize sell pressure ✅ More exchange listings = greater visibility Bearish Caution Flags: ⚠️ Miner sell-off risk as tokens unlock ⚠️ Declining volume – retail interest waning ⚠️ Dependency on BTC trends 4. Trading Playbook: Navigating the Setups Bullish Scenario: Bounce from $0.5810 → Breakout above $0.5953 → Test $0.5998 With volume surge, $0.6304 becomes the target Bearish Breakdown: Slip below $0.5810 → Watch for drop to $0.5500 Weak Bitcoin could amplify downside pressure Best Entry Ideas: Aggressive Entry: Near $0.5810 with tight stop-loss Safer Entry: Reclaim of $0.5908 (MA20) with strong volume 5. Long-Term Vision: Patience May Pay Off Potential Upside if PI achieves its vision: ✅ Open Mainnet launch ✅ Listings on major exchanges (e.g., Binance) ✅ Regulatory clarity for mobile mining Final Verdict: Short-Term Weakness, Long-Term Opportunity Current Trend: Bearish in the short term Outlook: Strong fundamentals and community support suggest long-term growth potential Key Price Levels: Upside Targets: $0.5953 → $0.5998 → $0.6304 Downside Risks: $0.5810 → $0.5500 Let me know if you'd like this formatted into a graphic, newsletter, or tweet thread!

So Bitcoin did the highest weekly close ever, JP Morgan allows client to buy Bitcoin, a court order says Trump can fire Powell (which will lead to big money printing), Strategy now have several competitors for available coins, FTX will start to pay out $5B in cash. Get ready🚀

#Nasdaq traded #Bitcoin and #Solana Treasury Companies are on fire. Nasdaq: KDLY, ASST, DFDV, CYFRF, CEP

💥BREAKING: A NEW COURT RULING SAYS PRESIDENT TRUMP CAN FIRE FED CHAIR JEROME POWELL SEEMS LIKE RATE CUTS ARE COMING! $SUNDOG