Cardano (ADA), a major smart contract platform, is currently trading 88% down from its all-time high of $3.10, struggling to sustain momentum and facing uncertainty in the market.
Despite a recent recovery attempt, ADA's price has fallen back to $0.38, failing to breach the crucial $0.40 resistance level, with market sentiment remaining cautious.
Meme Moguls (MGLS), a new DeFi platform blending memes with financial potential, is creating a buzz with its play-to-earn model, aiming to tap into the billion-dollar meme market for a potential winter rally.
Polygon (MATIC), known for its efficient scaling solutions for Ethereum, shows promise with rising popularity and demand, hinting at a potential market surge.