Moshnake, Cardano, and Nexo: Less than One-dollar Crypto Assets to Consider for the Long-term

With the current crypto market condition, long-term crypto assets purchase could be a smart investment move. Most crypto assets have suffered a great price decline, but the track record of the crypto market shows that these periods don't last forever.  However, it's essential to prepare for the good times.

Timeline of Cardano,

In a recent interview, Charles Hoskinson, Founder and Co-CEO of Input Output Global (“IOG”), the blockchain technology firm behind Cardano's R&D, talked abut layer 2 (L2) scaling solution Hydra, which should launch in H1 2023.

With a decrease in the Cardano price, the environment flipped to bearish for a week. The asset is trading at $0.4586 as the bears took control of the market at the beginning of the week. The last three days have been overwhelmingly bullish, so the bulls still have a chance.

According to Charles Hoskinson, the US Financial Innovation Act can trigger a massive bull market run  In a 90-minute long interview with Cheeky Crypto, Hoskinson shared his views on possible factors that could end the current bear market phase of the crypto domain. Per Hoskinson, the Financial Innovation Act proposed by the US is capable of triggering a “mega bull crypto market run,” which can help the prices of leading cryptocurrencies surge past their usual price threshold.

Barely a week after Ethereum's transition to Proof-of-Stake, Cardano (ADA) has replied to its critics with the widely anticipated Vasil upgrade as it looks to lure more projects to its network with improved features.

The current Cardano price analysis is leading in a bullish direction. However, the price underwent a decline at the start of the week and decreased to the $0.437 level on 21 September 2022 as the bears were dominating the market.

In an interview, Cardano's founder Charles Hoskinson said that Cardano had a superior proof-of-stake (PoS) strategy over Ethereum. Charles Hoskinson gave his opinions on creating Cardano, upgrading Vasil's hard fork, launching Dapps, the LACE light wallet, decentralization, CBDC, the metaverse, and other topics.

Cardano ($ADA) has seen its social activity surge to a new all-time high after the network successfully completed its Vasil hard fork, which brought to the network faster block creation, and upgrades Plutus smart contracts for increased efficiency while allowing decentralized applications to deploy and run at lower costs.

Crypto prices continue to remain sluggish due to aggressive monetary policies by global economies. The Bitcoin “Fear and Greed Index” still shows extreme fear as the sentiment around the largest cryptocurrency.

Charles Hoskinson says many projects are preparing to launch on the Cardano (ADA) blockchain after its Vasil hard fork upgrade. Hoskinson, the Cardano co-creator, says in a tweet that there are hundreds of projects announcing they will advance using ADA's new capabilities become available to developers next week.

The Cardano Vasil hard fork had been expected for months, and finally, it is a reality. The hard fork had proceeded according to schedule, and by Thursday, September 22nd, the hard fork was live on the network.