Cardano is back in focus after futures trading volume jumped to $6.96 billion, the highest in five months. The spike […] The post Record Cardano Futures Volume Sends Ripples Through the Crypto Market appeared first on Coindoo.Cardano is back in focus after futures trading volume jumped to $6.96 billion, the highest in five months. The spike […] The post Record Cardano Futures Volume Sends Ripples Through the Crypto Market appeared first on Coindoo.

Record Cardano Futures Volume Sends Ripples Through the Crypto Market

2025/08/21 13:30
3 min read

Cardano is back in focus after futures trading volume jumped to $6.96 billion, the highest in five months. The spike points to deeper liquidity and stronger trader interest, a setup that often leads to sharp moves.

At the time shown in your screenshots, ADA trades at $0.8450 with a market cap of $30.16 billion and a 1‑year gain of 150.96%. Technically, ADA has been coiling in a triangle and pressing higher. If momentum holds, a clean move through $1 could open room toward $1.10 in the near term.

Derivative activity like this tends to magnify volatility. A push over $0.90-$0.92 keeps bulls in control, while $0.80-$0.82 is the first support zone traders will watch if price cools.

Investors hunting early catalysts are also scanning presales that are heating up. One name on that radar is MAGACOIN FINANCE, which some traders are watching as a high‑demand allocation play during this altcoin rotation.

What the futures surge could mean next

The combination of rising volume and a tightening pattern often precedes decisive moves. Here are the near‑term scenarios many desks will map out:

  • Bull case: break and hold above $1, then extend toward $1.05-$1.10 on momentum and fresh inflows.
  • Base case: chop between $0.82 and $0.98 as open interest resets and funding normalizes.
  • Bear case: lose $0.80 on heavy long liquidations, probing $0.74-$0.76 liquidity pockets before rebuilding.

Spotlight on This New Altcoin Contender

With presale demand ramping up across the market, MAGACOIN FINANCE is seeing accelerating interest. The countdown is live and the opportunity is slipping away with the limited supply being sold out at record pace before the next pump phase begins, creating a scarcity window that early participants are trying to secure. The project’s playbook centers on staged access, growing utility, and community‑driven milestones designed to reward early entries.

What to watch for ADA

A daily close above $1 would be a strong confirmation signal for trend followers. Sustained volume, higher spot demand versus derivatives, and rising on‑chain activity would add confidence. Until then, expect quick moves as liquidity hunts stops in both directions.

Conclusion

Cardano’s five‑month high in futures volume sets the stage for a decisive test of the $1 level, with $1.10 on the map if bulls break through. For traders looking beyond large caps, the scarcity narrative around MAGACOIN FINANCE’s near‑sold‑out presale is drawing attention as a parallel high‑beta play.

To learn more about MAGACOIN FINANCE, visit:

Website: https://magacoinfinance.com

Access: https://magacoinfinance.com/access

Twitter/X: https://x.com/magacoinfinance

Telegram: https://t.me/magacoinfinance


This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.

The post Record Cardano Futures Volume Sends Ripples Through the Crypto Market appeared first on Coindoo.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
XRPL Validator Reveals Why He Just Vetoed New Amendment

XRPL Validator Reveals Why He Just Vetoed New Amendment

Vet has explained that he has decided to veto the Token Escrow amendment to prevent breaking things
Share
Coinstats2025/09/18 00:28
US Senate Democrats plan to restart discussions on a cryptocurrency market structure bill later today.

US Senate Democrats plan to restart discussions on a cryptocurrency market structure bill later today.

PANews reported on February 4th that, according to Crypto In America, US Senate Democrats plan to reconvene on the afternoon of February 4th to discuss legislation
Share
PANews2026/02/04 23:12