Cardano, Shiba Inu & Ethereum – European Wrap 23 December [Video]

“Ethereum-killer” Cardano has witnessed a spike in adoption as the on-chain activity in the network increases. Analysts have predicted a rally in Cardano price, setting a target of $2.50 for the altcoin. 

 

Shiba Inu price experienced a bullish onslaught over the last two days, resulting in an exponential upswing. The run-up, while impressive, failed to collect liquidity resting above a crucial level. Therefore, investors can expect SHIB to retrace briefly before seeing another leg-up.

SHIB/USDT 4-hour chart

 

A director of Microsoft is bullish on Ethereum’s adoption over the next two years. Ethereum price has recovered from the price drop over the past two weeks and the altcoin is now on track for a new all-time high. 

Ethereum: Relative address supply distribution

Ethereum: Relative address supply distribution


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