Cardano Price Prediction: Hoskinson Says Midnight Will Be ADA’s Biggest Launch Yet – $10 ADA Could Be Just the Start

Key Points

1. Charles Hoskinson stated during a livestream that Midnight will be Cardano's biggest launch, potentially elevating ADA's value and utility.

2. The Glacier Drop phase allocates 12 billion NIGHT to 37 million wallets across 8 blockchains, aiming to boost adoption beyond the Cardano community.

3. ADA's price shows bullish momentum with a breakout from a two-month bull flag pattern, though RSI indicates potential short-term pullback risks.

4. Market sentiment is bullish, with expectations of U.S. interest rate cuts and potential 401(k) crypto adoption fueling demand for ADA.

5. Low-cap meme coins like TROLL and Token6900 are gaining traction, highlighting a shift in investor focus towards high-risk, high-reward assets.