ADA Just Launched a Major Scaling Testnet And the Network Barely Noticed at $0.148
In the newest Cardano information, Cardano (ADA) value is buying and selling at roughly $0.1480, down 1% in the final 24 hours, and sitting roughly 95% under its September 2021 all-time high of $3.09. That’s not a typo.
The Leios Musashi Dojotestnet went reside on June 23, a real scaling milestone, and the chain barely blinked. Daily transactions held close to 25,000, in keeping with a three-month common, with is one presale drawing that’s drawing consideration. Built on Ethereum (ERC-20), it positions itself round a meme-first buying and selling tradition, 1000x leverage mentality, gym-bro viral advertising, holder-only buying and selling competitions with leaderboard rewards, and a Maxi Fund treasury allotted to liquidity and partnerships (the tagline is “by no means skip leg-day, by no means skip a pump,” which is both ridiculous or completely calibrated for its target market, in all probability each).
The challenge has raised $4,811,876.93 at a present presale value of $0.0002825, with dynamic staking APY out there for individuals. For context on how meme coin dynamics play out post-launch, the Dogecoin cycle gives a reference level this class continues to benchmark towards.
Presales carry actual threat, liquidity post-launch isn’t assured, and meme token markets are unforgiving if momentum stalls. DYOR earlier than committing capital.
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