","button_title":"Play-to-Earn Game List","span_one":"No obligations","span_two":"Free to use"}},"header":{"homepage":"Homepage","Game Reviews":"Game Reviews","Game List":"Game List","Developers":"Developers","Developer List":"Developer List","Gaming News":"Gaming News","search":"Search","local":"en","Popular P2E Developers":"Popular P2E Developers","Play To Earn Games":"Play To Earn Games","P2E Games":"P2E Games","Crypto Games":"Crypto Games","Web3 Games":"Web3 Games"},"meta":{"title":"Games to Earn, Blockchain, NFT, P2E Games List","description":"Play hundreds of games! Games to Earn, P2E, Blockchain, NFT, Crypto, Web3 Games. Read game reviews and start playing right away. Play now!","ogType":"article","keywords":"NFT Games, Crypto Games, Earning Games, Earning Games, Blockchain Games, P2E Games"}}},"initialLocale":"en","ns":["news_letter","singleNews","singleGame","footer","common","header","meta"],"userConfig":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true,"default":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true}}}}ADA Rally Imminent: Chang Hard Fork Paves the Way - Play to Earn Games News
Cardano Price Analysis: Chang Hard Fork Sparks Optimism for ADA
After a brief dip earlier today, the Cardano price has rebounded, showing a moderate 2.09% decline. This positive shift comes on the heels of the successful implementation of the much-anticipated Chang hard fork on the Cardano blockchain.
This recovery offers some respite from Cardano's recent downturn, which saw it drop by 7.87% since last week—a significant decrease compared to other major altcoins during the same period.
With trader interest reignited, Cardano's trading volume has surged by 38.34% to $306.3 million in the last 24 hours.
Chang Hard Fork: A New Chapter for Cardano?
With the launch of the Chang upgrade on September 2nd, Cardano announced the commencement of the "Voltaire" era, marking a pivotal step towards achieving fully decentralized governance.
This hard fork enables Cardano token holders to elect representatives and vote on crucial development proposals, revolutionizing decision-making processes within the Cardano ecosystem.
Charles Hoskinson, Cardano's co-founder, lauded the hard fork as a monumental technical breakthrough, emphasizing its importance in ensuring Cardano's long-term competitiveness and relevance.
While the Alonzo hard fork in 2021 led to a substantial price surge for Cardano, the impact of the Chang hard fork is expected to be more subdued due to prevailing market conditions.
Cardano Price Analysis: Challenges Ahead
An examination of the Cardano chart reveals significant hurdles to a potential breakout. The asset is currently trading within a narrowly expanding triangle pattern, indicating increased volatility amidst market uncertainties.
Although the Relative Strength Index (RSI) remains relatively balanced around 40, signaling a bearish bias, the Chaikin Money Flow (CMF) remains positive, indicating market resilience.
However, the MACD line dipping below the signal line suggests a struggle for bullish momentum, hindering potential price surges. Traders are advised to monitor a successful retest of the $0.3120 resistance level to gauge market sentiment.
If Cardano manages to breach this resistance, the next significant obstacle would be the 200-day Exponential Moving Average (200EMA), crucial for reversing the recent downtrend and establishing a sustained recovery trajectory.
Seizing the Opportunity for Higher Gains
While the Chang upgrade signals positive developments for Cardano, its immediate impact may not be fully realized. Investors seeking to maximize gains potential may consider diversifying into emerging low-cap meme coins primed for explosive growth.
Enter BaseDoge, a shiba Inu-inspired meme coin with cross-chain capabilities hinting at the future utility of meme coins. Its innovative share-to-earn system has reshaped community engagement, contributing to its presale success of over £3.3 million.
By actively participating in Base Dawgz's community initiatives, users earnrewards, fostering growth and engagement organically. With the impending listing of $DAWGZ on exchanges at a launch price of $0.008582, early adopters stand to benefit significantly.
For those looking to capitalize on this opportunity, swift action is recommended as prices may not remain at this level for long. Explore the Base Dawgz community on X and telegram for more information.
As the crypto market continues to evolve, strategic investments and proactive engagement remain key for maximizing returns and staying ahead of the curve.