Cardano Upgrade Fails, analyst spots shift to Chainlink and impressive new Ethereum Token

Cardano’s (ADA) latest network upgrade, which was highly anticipated by the blockchain community, has performed poorly, leaving investors and developers disappointed. As the upgrade struggles to deliver on its promises, market attention has shifted toward other prominent blockchain projects like Chainlink (LINK) and a new entrant, FXGuys ($FXG).

What do these players have in store for the digital asset market? Let’s find out.

Cardano’s Chang Upgrade Sparks Decentralization Shift as ADA Slips 3%

As September 2024 began, Cardano officially rolled out its eagerly awaited “Chang” upgrade. This milestone ushered in a new era for the Cardano ecosystem as it pivots towards a more decentralized governance model.

With the upgrade now in effect, ADA token holders gain the power to directly influence the platform’s future, allowing them to elect governance representatives and vote on key development initiatives. 

ADA reacted to the news with a 3.03% downturn within a week, and by September 7, the price had shifted from $0.33 to $0.32. This was not the expected outcome following the upgrade, so is this a brief stint with the bears, or will it prevail? 

However, according to analysts, ADA might recover to trade at $0.81 by the end of 2024, displaying a 153.13% rebound.

Superstate Integrates Chainlink for Tokenized Assets as LINK Drops 0.09%

Superstate, a blockchain-focused asset management company, adopted Chainlink’s technology on August 12, 2024, to capitalize on the expanding tokenization market. By integrating Chainlink Data Feeds, Superstate plans to bring real-time net asset value (NAV) data for its tokenized treasury fund onto the blockchain.

In its announcement, the firm emphasized that Chainlink’s technology will help improve the composability of its Superstate Short Duration US Government Securities Fund, boosting its on-chain functionality.

In response to the news, LINK dropped from $10.56 to $10.55 by September 9, marking a 0.09% decline within a month. Unfortunately, experts are bearish about LINK for the remaining part of Q4 2024, predicting its price to fall further to $10.46. With that, LINK will register a 0.86% dip from $10.55.

$FXG Presale Offers Traders 100% Gains and $500K Funded Accounts

FXGuys is a game-changing Forex Trader Development Ecosystem—the first-ever decentralized FX brokerage. Packed with a custom platform, cutting-edge analytics, social trading tools, and a prop firm funding program, it’s the perfect setup for talented traders to cash in and share the profits.

What’s more, owning $FXG, the native token of FXGuys, makes you a loyalty member with voting power over the ecosystem’s future. Best part? You earn $FXG with every trade you make, no matter how it goes—just sit back and watch those tokens accumulate in your dashboard wallet. 

These tokens unlock some pretty impressive perks: use them to pay for trading challenges and potentially land a funded account worth up to $500,000 or stake them to increase rewards. 

At the time of writing, $FXG tokens were selling at $0.015 in the private sale phase, with the price expected to hit $0.03 in Stage 1 of its presale to deliver 100% gains. Ready to cash in on some trading perks? You can buy $FXG directly on exchanges or jump into the presale and reap the rewards.

$FXG Leaves ADA and LINK in the Dust: A Clearer Path to Profit!

While Cardano’s “Chang” upgrade brings decentralization but a 3% price drop, and Chainlink’s integration into Superstate barely moves the needle with a 0.09% dip, $FXG is setting a different course entirely—one paved with real rewards and profit potential.

Instead of speculative governance or niche integrations, $FXG offers traders the chance to earn with every move they make. With 100% gains locked in for presale participants and a host of perks like funded trading accounts and ecosystem voting power, $FXG delivers tangible value to its users.

Moreover, $FXG is projected to reach a price of $0.10 by the end of its presale. This means you can secure over 566% gains by joining the presale now!

Disclaimer: This is a paid post and should not be treated as news/advice.