Crypto news and price performance of NEO, Cardano (ADA) and PEPE
Crypto news and price performance of NEO, Cardano (ADA) and PEPE

Crypto news and price performance of NEO, Cardano (ADA) and PEPE

By Stefania Stimolo - 29 May 2023

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The latest news and price performance of the three crypto projects of NEO, Cardano (ADA) and PEPE. 

NEO, Cardano (ADA) and PEPE: the latest news from the crypto projects

The smart economy blockchain, Neo, has made its collaboration with Alchemy Pay official, so that its users can now purchase crypto assets using their favorite local fiat currencies

Already pre-announced last month, it became a reality on 26 May. Neo developers can now benefit from Alchemy Pay’s direct-to-customer plugin, which can be integrated and deployed by dApps and platforms with minimal cost. 

Alchemy Pay’s payment gateway enables payments with Visa, Mastercard, Discover and Diners Club in 173 countries, as well as domestic transfers and mobile wallets in developing markets. 

Cardano (ADA) also welcomes a new collaboration with ChainPort, the bridge between blockchains, which has now included ADA not only as a destination chain but also as an origin chain

Finally, the meme coin of the month, PEPE, which seems to have no news on its project but continues to share joking posts

NEO, Cardano (ADA) and PEPE: the price performance of the three crypto assets

Looking at the price performance of the three crypto assets being examined, it is good to note that over the past seven days, while NEO and ADA have seen a price pump, PEPE has been in a bear market. 

Specifically, NEO is up 20% from last week, with the price rising from $9.38 to the current $11.22. 

Even Cardano (ADA) experiences a rise, although only by 5% over the past seven days. Its price has risen from $0.36 to $0.38. 

In contrast, PEPE has dropped almost 8%, with its price rising from $0.000001566 to $0.00000145. 

The three price performances are perfectly in line with the news reported by the three crypto projects. 

The words of Charles Hoskinson of Cardano on Ethereum Classic

Who knows whether sustaining ADA’s price pump were also the supporters of its co-founder, Charles Hoskinson who, just last week, reportedly made comments about Ethereum Classic (ETC), calling it a scam. 

Specifically, Hoskinson reportedly said that the ETC crypto project allows participants to make money from those they recruit and that, by now, it no longer has its own roadmap, innovation, or even vision. 

In addition to that, Hoskinson also mentions Ergo‘s platform in his remarks, saying that this crypto project is what Ethereum Classic should have been

These comments were posted below the tweet promoting the “PoW Summit” event, which will be presented in Prague this September by Litecoin Foundation and the Ethereum Classic Cooperative. 

This event negates the presence of Ergo itself, the next-generation PoW smart contract platform that enables new models of financial interaction. 

PEPE sees a drop in price and trading volume

As for PEPE, it appears that the meme coin that saw an explosion of interest throughout May is now “breathing.” 

And indeed, just last week, PEPE had performed even better than the queen of meme coins, Dogecoin (DOGE)

We are talking about daily trading volumes, which had seen PEPE register an impressive $227K compared to DOGE’s $168K. 

A situation that is now settling down instead. In fact, at the time of writing, trading volumes for the past 24 hours are $198K for DOGE versus $118K for PEPE.

Stefania Stimolo

Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. She started out as a Sales Assistant for e-commerce, and in 2016 she began to develop a passion for the digital world, initially in the Network Marketing sector, where she discovered and became passionate about the ideals behind Bitcoin and Blockchain technology, which lead her to work as a copywriter and translator for ICO projects and blogs, and organize introductory courses.

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