Oh, look at us, in the depths of the crypto inferno, where Cardano (ADA) has decided to hang out like it’s the most popular kid in the school, except… not. It’s clinging to rock bottom since last November, and all eyes are now on the Midnight mainnet launch-because of course, we all do our best thinking at midnight. 🌜Who doesn’t, right?
- Cardano price has gallantly plummeted to a key support level 🎇
- Midnight sidechain is ready to make an entrance on Monday. Excited yet?
- BYBIT, Gate, and OKX are all keen to see how many of those NIGHT tokens they can sell. Talk about exclusive parties!
Our dear ADA is currently priced at a sad $0.4185, having nosedived from its giddy heights of $1.3202 this year. It’s enough to make even the optimistic souls among us wince-not that they should be blamed. After all, even the giants of crypto, like Chainlink and Ethereum, are giving Cardano a run for its money. 😅
Midnight has shimmered into the limelight-because drama happens most beautifully at midnight-and will soon unveil its new layer on Cardano. Perfect timing for an existential crisis, don’t you think? For those in the know, Charles Hoskinson is calling it “a good day for crypto.” 🌟
Monday is going to be a good day
– Charles Hoskinson (@IOHK_Charles) December 7, 2025
The NIGHT token, launched a curious week prior, is poised to hit the trading floors on Monday. Its initial charm propelled it to become the first-ever Cardano Native Asset. Bybit, Gate, and OKX have all RSVP’d yes to the NIGHT token party.
For the true believers who grabbed their tokens from the Glacier airdrop or the scavenger hunt, the NIGHT airdrop presents a delicious dilemma: to sell or not to sell, that is the question. A proper ponderfest, don’t you agree?
FIVE DAYS 🔥
Mark your calendar and set reminders to ensure you are ready to manage your NIGHT allocation.If you claimed during the Glacier Drop or Scavenger Mine, this is your heads-up: you must redeem to receive your NIGHT.
The Redemption portal will launch shortly beforehand…
– Midnight (@MidnightNtwrk) December 5, 2025
The grand dream is that Midnight will entice more those oh-so-talented developers to throw their hats into the Cardano ring, thus enhancing its total value locked. Spoiler alert: results are likely to be mixed, as they always are in the land of crypto. After all, Plasma, Monad, and Keeta also had their spotlight moments… only to fade from memory faster than last week’s fling. 🙄
Cardano price technical analysis
If ever there was a tale of woe, it’s Cardano’s technical charts whispering tales of a declining empire. From dizzy heights of $1.3202 to $0.400 noted as recently as last month. It’s certainly one wild ride for investors clinging to hope like a child to a candy bar wrapper. 🍭
Our ADA took a walk below important support levels, like an adventurous toddler tiptoeing through a leaf-strewn forest, aiming for the $0.5113-magic number-a level sought after in January, April, and June. Settling among ascending trendlines and EMA indicators, ADA is really doing its best to stay in the game. 😏
Still, if it breaks that ascending trendline, we’re staring down another descent. Brace for the next potential landing at $0.2760, its historical nadir since last August. If it breaks the resistance level at $0.5113? Well, congrats, Cardano folks, you’re back on top (maybe). 🎉
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2025-12-07 11:25