index
The token still shows the ability to bounce back.
Altcoins no longer offer vertical gains, and any asset can go 10x in a matter of days. However, well-established tokens still make strong recoveries, which is something that traders with a strategy of buying the dip can do. This strategy has helped Cardano (ADA) and Shiba Inu (SHIB) rally despite their different communities. Clandeno (CLD) offers even stronger rebound potential as it launches a new pre-sale phase ICO. The Clandeno (CLD) token provides utility as a native asset for an e-commerce platform, avoiding the pure hype of meme tokens.
Cardano (ADA) Breaks $0.40
Cardano (ADA) is still one of the blue chip tokens that is gaining attention. However, the asset is now only used for short-term rallies. Cardano (ADA) is up 18.31% for the week, bouncing back from the market-wide crash to $0.33. Cardano (ADA) extended its gains to $0.42 on the strength of Binance exchange trading.
Cardano (ADA) is one of the least used blockchain assets. Despite its promises, Cardano (ADA) offers only a handful of apps with little real-world utility. Despite this, Cardano (ADA) is a popular project and its token enjoys a very liquid listing. Cardano (ADA) is also prone to long-term sideways trading and relatively small rallies, so investors look for projects with bigger upside and clear utility.
Shiba Inu Resurfaces as Meme Craze
Shiba Inu (SHIB) was one of the first meme tokens, and it was very different from the millions of newly minted assets that followed. Shiba Inu (SHIB) has already left most of its dramatic price movements behind, and is now trading in a tighter range.
Shiba Inu (SHIB) fell to the $0.000013 range before recovering to $0.00001645. Shiba Inu (SHIB) is known as a holding meme token, which encourages the community to avoid selling. Shiba Inu (SHIB) aims to encourage the community to stake or lock their assets by adding rewards in the form of LEASH and BONE tokens.
Clandeno (CLD) benefits from enthusiasm over new product launches
Clandeno (CLD) comes at a perfect time to quench the thirst for actively evaluating tokens. Clandeno (CLD) aims to reach as many early adopters as possible and distribute the majority of the token supply. The Clandeno (CLD) pre-sale ICO will be open to the public with 365 million tokens for potential sale. The total supply of Clandeno (CLD) is capped at 525 million.
Clandeno (CLD) combines short-term growth potential with long-term usability. The Clandeno (CLD) platform aims to provide a transparent and secure e-commerce platform while incorporating token-based rewards and profit sharing. Early pre-sale ICO purchasers will receive additional privileges for the Clandeno (CLD) flash sale as long as they hold the initial tokens.
For more information about the Clandeno pre-sale, visit the website here.
Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice.
Investment Disclaimer
