The latest crypto news and prices of Cardano (ADA), Celestia (TIA) and Shiba Inu (SHIB). Here are the details of the three crypto projects.
Summary
The last week’s prices of the 3 crypto projects ADA, Celestia and Shiba Inu
Looking at the graphs on CoinMarketCap of Cardano (ADA), Celestia (TIA), and Shiba Inu (SHIB), it is easy to see that over the past week the price trend has not been quite the same.
And in fact, while TIA and ADA have pumped 7% and 11% respectively, SHIB seems to have slipped with a -2.5% dump.
Specifically, Celestia‘s chart draws a mountain: the price seven days ago was $2.13, the top touched was $2.83 on 2 November, and, at the time of writing, TIA is worth $2.26.
In contrast, the ADA chart shows that the crypto’s price is still in the weekly peak. In practice, while seven days ago Cardano was worth $0.28, at the time of writing it has risen to $0.31. We are at the highest prices touched by ADA in the past month.
The weekly chart of Shiba Inu, on the other hand, shows a real price swing. At the time of writing SHIB is worth $0.0000007715 and is in 18th place in the crypto rankings, with a total market cap of $4.55 billion.
The latest crypto news for ADA, Celestia, and Shiba Inu
Peeking into Cardano (ADA), Celestia (TIA) and Shiba Inu (SHIB), it is possible to see the latest news for the three crypto projects.
Speaking of which, Cardano opened the doors yesterday at its Cardano Summit 2023 in Dubai, of which The Cryptonomist is a media partner.
When it comes to Celestia‘s crypto project, however, the talk is different. It is a new blockchain launched exactly on 31 October, calling itself a “modular” data availability blockchain that can scale securely with the number of users.
Explaining it most simply is cygaar‘s X account with a roundup of tweets, shared on Celestia’s official account.
Memecoins don’t perform well enough
Shiba Inu, on the other hand, seems to be continuing its “Dogecoin Killer” feat of wanting to reveal itself as the crypto-community’s most beloved memecoin.
Regardless, SHIB remains in 18th position, compared to DOGE’s ninth place. Moreover, both appear to have underperformed Bitcoin and other crypto assets during just last week’s bull run.
For this reason, traders seem to be looking for more attractive buying opportunities and may have set aside memecoins (speculative crypto-assets par excellence in the crypto market).