Anyone waiting on an ADA price prediction this week has watched the coin slide while the news got better. ADA trades at $0.2305 and is down 10.5% in seven days, per CoinGecko.
Yet stablecoins on Cardano grew 5.08% in that week, to $70.88 million, per DefiLlama. ADA has fallen hard before and still went on to a $3.10 record in 2021. This week’s news is about wallets, and easier wallets mean more trading. Pepeto, a meme coin presale with its own zero fee exchange, has raised more than $11.2 million.
Cardano Joins Ethereum, Solana and Bitcoin in the Open Wallet Standard
The newest input for any ADA price prediction came on October 8, when Cardano joined the Open Wallet Standard, per Cardano.org. It is the fourth chain in it, after Ethereum, Solana and Bitcoin. Version 1.4.3 lets apps, AI helpers too, open and run Cardano wallets with one set of rules.
WingRiders built the link with IOG and the Midnight Foundation. The story kept running this week. Coin-Turk reported on October 14 that ADA was testing support between $0.22 and $0.24. Better wallets make crypto easier to use. The price still has to catch up.
Wallets Get Easier but Fees Stay: Pepeto’s 0% Exchange and the ADA Levels That Matter Now
Pepeto: A Meme Coin With a 0% Fee Exchange for the Wallet You Already Own
Easier wallets bring new people into crypto, and new people trade. Each trade has a cost that is easy to miss. Every swap on Uniswap takes 0.30%, so a $1,000 trade costs $3 before the coin even moves. Pepeto was built to remove that cost.
Its exchange, PepetoSwap, charges a 0.00% swap fee. There is no protocol fee, so the buyer pays only network gas. It is live today with market, limit and DCA orders. MEV protection runs through a private relay and is on by default, so bots cannot jump ahead of your order. Nobody else holds your coins, because the exchange is non custodial. MetaMask, Trust Wallet, Rabby and other WalletConnect wallets plug in. On Solana, Phantom and Solflare work too.
Fees sound small until they stack up. Two hundred trades of $5,000 cost $3,000 on Uniswap and $2,500 on PancakeSwap. On PepetoSwap, those same 200 trades cost $0. That is $3,000 kept instead of paid out, and the saving keeps going after the listing.
So the Cardano story points one way. A better wallet brings people in, and a free exchange lets them keep more of every trade. A coin that has not listed yet has far more room to grow with that wave than one already worth $8.48 billion. The presale has raised more than $11.2 million so far, paid in ETH, USDT, BNB or by card.
A Pepeto token costs $0.0000001901 at this stage, and the price rises at every new stage. A Binance listing is approaching, and that is when the wider market gets its first chance to buy. Today’s stage will not come back.
ADA Price Prediction: Can ADA Break $0.26 This Week?
ADA can break $0.26 this week only if it first clears resistance at $0.2591. Today it trades at $0.219 on CoinMarketCap, down 2.65% in a day. In an October 14 note, Coin Gabbar’s Aashish Vishwakarma puts support at $0.2238 under that ceiling. That leaves a 12% climb between today’s price and the line ADA must clear. RSI reads 44, and ADA trades below its 20 day EMA of $0.2368, so sellers still lead the short term.
A slip under support opens $0.1894. For the week, FXEmpire’s Yashu Gola wants the 20 week EMA near $0.226 to hold. For the month, his chart shows a neckline at $0.28 to $0.29. A close above $0.30 points to $0.39 to $0.40, and $0.60 if the pattern confirms. That would still sit far below ADA’s $3.10 record from September 2021.
Conclusion
This week tells two stories. Cardano keeps making crypto easier to use, and the ADA price prediction still waits on $0.2591. In October 2017, ADA traded at $0.01735. Four years later, it hit $3.10. The market paid the most to those who bought first.
Pepeto sits at that early point now. Its presale has raised more than $11.2 million in total, and it has not listed yet. Each stage on the Pepeto official website ends when its timer runs out or its target is hit. The first ADA buyers were paid for believing early. With Pepeto, that first group is still open.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
What is the ADA price prediction after the wallet standard news?
The ADA price prediction for this week rests on $0.2238 support and $0.2591 resistance, per Coin Gabbar. FXEmpire sees $0.39 to $0.40 only if ADA clears $0.30.
Could easier crypto use help a presale like Pepeto more than ADA?
Pepeto has more room to grow, because it has not listed yet and its exchange charges 0% swap fees. Stage prices are on the Pepeto official website.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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