{"id":566214,"date":"2024-08-19T11:17:56","date_gmt":"2024-08-19T11:17:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=566214"},"modified":"2024-08-19T09:59:40","modified_gmt":"2024-08-19T09:59:40","slug":"cardano-price-prediction-as-charles-hoskinson-offers-1-million-to-hack-lace-paper-wallet-this-solana-gamefi-ico-closes-on-2m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/cardano-price-prediction-as-charles-hoskinson-offers-1-million-to-hack-lace-paper-wallet-this-solana-gamefi-ico-closes-on-2m","title":{"rendered":"Cardano Price Prediction: As Charles Hoskinson Offers $1 Million To Hack Lace Paper Wallet, This Solana GameFi ICO Closes On $2M"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Cardano price dropped 1% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0x673516e510d702ab5f2bbf0c6b545111a85f7ea7\"><span style=\"font-weight: 400;\">to trade at $0.3321<\/span><\/a><span style=\"font-weight: 400;\"> as of 03:41 a.m. EST on trading volume that jumped 13% to $186 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This comes as Cardano founder Charles Hoskinson challenged the ADA community with a $1 million bounty to hack Lace Paper Wallet. The initiative to hack the wallet contributes to the platform&rsquo;s security.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">If you can hack it; You can keep it! 1 million dollars! <a href=\"https:\/\/t.co\/TTtHocHHbs\">https:\/\/t.co\/TTtHocHHbs<\/a><\/p>\n<p>&mdash; Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1824694973738127541?ref_src=twsrc%5Etfw\">August 17, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The challenge will open until the end of 2024 or until someone successfully claims the bounty by hacking the wallet.<\/span><\/p>\n<h2>Cardano Price Aims For A Breakout Above The Consolidation Phase<\/h2>\n<p><span style=\"font-weight: 400;\">The Cardano price has been trading in a consolidation phase since August 5, within a sideways pattern, as the bulls faced resistance around the $0.34 resistance zone, data from <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0x673516e510d702ab5f2bbf0c6b545111a85f7ea7\"><span style=\"font-weight: 400;\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400;\"> shows.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) trades within the neutral zone, currently at 46, which shows that the asset is poised for a breakout.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, the Moving Average Convergence Divergence (MACD) also shows signs of a bullish trend, as the MACD trades above the neutral line. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The blue MACD line also crosses above the orange signal line, which represents a bullish crossover.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bulls could capitalize on the MACD and the RSI to push the price above the sideways pattern, the price could then soar, as the bulls target $0.40.<\/span><\/p>\n<figure id=\"attachment_566221\" aria-describedby=\"caption-attachment-566221\" style=\"width: 1255px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-566221 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46.png\" alt=\"Cardano Price Chart Analysis Source: GeckoTerminal.com\" width=\"1255\" height=\"508\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46.png 1255w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46-300x121.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46-1024x414.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_ADA_2024-08-19_10-41-46-768x311.png 768w\" sizes=\"(max-width: 1255px) 100vw, 1255px\"><figcaption id=\"caption-attachment-566221\" class=\"wp-caption-text\">Cardano Price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">However, the price of Cardano still trades below both the 50-day and 200-day Simple Moving Averages (SMAs), which could prompt the bears to take control of the price, as they target $0.40.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, as the ADA price bulls aim for a breakout above the sideways pattern, investors are snapping up the new Solana GameFi token <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/mega-dice-presale\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Mega Dice (DICE)<\/span><\/a>.<\/p>\n<p><span style=\"font-weight: 400;\">Influential crypto YouTuber TodayTrader predicts a potential &ldquo;Easy 100x&rdquo; return post-launch.<\/span><\/p>\n<p><iframe title=\"&#128293; THE #1 GAMEFI COIN ON SOLANA - Easy 100X - Do Not Miss Mega $DICE\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/K0MN3ZNxAFk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>GameFi Sensation Mega Dice Zooms Past $1.7 Million<\/h2>\n<p><span style=\"font-weight: 400;\">Mega Dice is shaking up the crypto gaming landscape as it hurtles toward the $2 million mark in funds raised in its ICO.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project stands out as a top brand in the crypto casino domain, boasting over 10,000 active players monthly and exceeding $50 million in monthly wagering.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Players enjoy over 4,000 casino games and 50 sports and eSports betting options.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">DICE will be the leading GambleFi token on Solana and aims to challenge casino sector titan Rollbit Coin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">DICE has seamless integration with the popular TON Wallet on Telegram, making it easier to manage funds.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Mega Dice casino now supports the best Telegram wallet! <a href=\"https:\/\/twitter.com\/hashtag\/TON?src=hash&amp;ref_src=twsrc%5Etfw\">#TON<\/a>&#128179;<\/p>\n<p>Easily use your TON by choosing it as your deposit method and connecting your wallet in just a few steps. Start playing and winning today! &#128293;<\/p>\n<p>Join now&#128071;<a href=\"https:\/\/t.co\/FjIFjfAnCY\">https:\/\/t.co\/FjIFjfAnCY<\/a> <a href=\"https:\/\/t.co\/hlqt50vBUF\">pic.twitter.com\/hlqt50vBUF<\/a><\/p>\n<p>&mdash; Mega Dice Casino (@megadice) <a href=\"https:\/\/twitter.com\/megadice\/status\/1821109134764171534?ref_src=twsrc%5Etfw\">August 7, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Token holders also stand to share in the casino&rsquo;s profits daily through its unique staking system.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To join the presale, <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/mega-dice-presale\" rel=\"nofollow\"><span style=\"font-weight: 400;\">you can buy $DICE on the official website here<\/span><\/a><span style=\"font-weight: 400;\"> for $0.105266 per token using BNB, ETH, or SOL. <\/span><\/p>\n<p>With a price hike coming in about a day, buy soon to secure the best price.&nbsp;<span style=\"font-weight: 400;\">You can also earn 10% on any purchases made by investors you refer.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/next-crypto-explode-unveiling-potential-market-shaker-calsona-hmwze\"><span style=\"font-weight: 400;\">Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024 &#128640;&#128165;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-altcoins-invest-unveiling-top-picks-maximum-returns-calsona-9ceye\"><span style=\"font-weight: 400;\">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-staking-coins\/\"><span style=\"font-weight: 400;\">Best Staking Coins to Buy in 2024 &ndash; Earn Crypto Passive Income<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Mega Dice - 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