ADAUSDT
Cardano / Tether USD
crypto Composite

I posted a thread on here a few weeks ago about my thoughts pertaining to where the market was heading to after we had the largest liquidation event in crypto history. This will be an update to this and where I now see things potentially heading, I have both a bull and bear case.
Bull case-
Earlier in October we had the largest liquidation even in crypto history and as I'm writing this we are in another major sell off, particularly with alts. Alts right now are at cycle lows with regards to their BTC pairings. This all occurred WITHOUT any major euphoria or excessive greed in the market. Retail was and still is absent and overall sentiment right now is insanely low.
However, despite this negativity there are a lot of bullish variables in the works. The government shutdown has led to a pause in liquidity and QT is set to end in less than one month, as well as further rate cuts being on the table Global liquidity is continuing to rise as well. In addition to this, there are a wave of alt coin ETFs that very likely will be approved once the shutdown ends. Basically, what I'm seeing right now is big money getting an opportunity to load up on alts at bargain basement prices BEFORE this wave of ETFs is approved.
Alts right recently hit their cycle lows according to Ben Cowen's chart, possibly have a little more to go over the next few weeks. However, in this scenario I imagine there being a very explosive bull run going into Q1 of 2026. With so many people having already thrown in the towel or about to as I'm writing this, I expect the FOMO and panic buying to be absolutely insane. As mentioned, retail is basically absent from this space, but the sentiment can change very quickly.
Bear case-
My bear case is much simpler. Earlier in this summer I was partially questioning that we might get a very underwhelming cycle, with a very mild alt season, talking things like ETH at maybe 6k, etc. However, in our current time frame I'm expecting the bull case I outlined above to play out OR where we have already topped out and it truly is over.
However, while this may sound awful, in this scenario I don't think the carnage is going to be that crazy. Since we never really got euphoric or saw some insane greed in this cycle, I'm expecting the downside to very mild. Some price targets I see are maybe bottoming out around 60-70k for BTC, ETH at 2k, XRP $1.50, ADA $.35-.40, Sol under $100, etc.
My plan-
My positions this cycle averaged out at much lower prices compared to where we currently are. I plan on continuing to hold my positions at this point, though I added a bit recently with this dip here. However, I plan on being a bit cautious and not getting too aggressive for fear of the market potentially tanking from here further. If it goes up and we do see a bull run, I have my positions in place. If it does tank and we go into full bear market, I'll be in a position to comfortably accumulate more at even steeper discounts from here and position for the next cycle.

I was wondering which project you are referring to and I see Cardano all in your history.
Cardano does nothing, is used for nothing, provides no value EXCEPT the enrichment of a grifter named Charles Hoskinson who ADA investors have turned into a billionaire.
Meanwhile ADA is -30% from 2017 prices:
https://coinmarketcap.com/historical/20171231/
Meanwhile, *Charles Hoskinson, claimed he was a PHD drop-out but was only enrolled in a community college, is a billionaire lavishly spending money dumping ADA tokens doing all kinds of bullshit and pumped money into supporting Trump who is destroying American institutions, democracy, reputation across the world and might possibly destroy the economy.*
Scammer supports Scammer and you donated your money to him. Congratulations, here is where your money went:
- owns a 11-000 acre ranch
- is involved in politics first supporting RFK then Trump with his own PAC
- has recovered alien remains from the ocean floor
- has invested in genetically engineered bioluminescent plants that produce organic lighting!
> **"Charles Hoskinson, Jack of All Trades:" Aliens, Cattle, and Plant Genetic Engineering**
https://www.chaincatcher.com/en/article/2171707
> **Wyoming Blockchain Billionaire Has Big Political Plans, To Launch PAC**
https://cowboystatedaily.com/2025/01/30/wyoming-blockchain-billionaire-has-big-political-plans-to-launch-pac/
> As I have repeatedly said, the **Biden-Harris Whitehouse has a war on crypto.** There appears to be no reset. In fact, it appears to be even worse now. A vote for Harris is a vote against the American Crypto industry. - Charles Hoskinson
https://x.com/IOHK_Charles/status/1822035833379287466

Im literally just laughing right now, laughing at my investment journey started this January, I put all my savings into meme stocks -> lose 20%, sell the rest and all in on 0DTE Intel puts, bought at daily bottom, lose another 30% in half an hour ->sell the rest and all in on crypto in April, hold ETH ADA HBAR LINK PEPE, I nearly breakeven in August, but then I thought we would move higher, so I ended up ride till now. I should've sell everything and transfer my money into QQQ in August, it's pointeless now. My money cannot last for another four years, what should I do

Most mentions on r/cc (2025-11-03 00:00:00):
||Mentions|
|:-|:-|
|BTC|304|
|ETH|43|
|MOON|39|
|IP|20|
|USDT|19|
|BAL|18|
|SOL|16|
|XRP|15|
|DASH|14|
|ZEC|13|
|ADA|9|
|HOME|9|
|POL|9|
|SAFE|9|
|SNT|9|
|XMR|9|
|MAGIC|8|
|MATIC|8|
|SUI|8|
|DOT|7|
[Data source and app](https://www.redditcoins.app/)

Thoughts on cryptocurrency in general.
Blockchains designed for a specific purpose for private use either work or not, and it's no big deal if they fail. But when they do work, there are options as to whether you want to or can expand and change the parameters of such projects into more public use.
The vast majority of users are just participants that transact in the tokens and/or coins with associated asset class connections as secondary conditions that may or may not work. No matter how trustless cryptocurrency pretends to reach as its goal, somewhere along that change of processing there must be some reliance on trust which usually involves the end points of fiat currency exchanges.
The status of Cardano is in the same predicament as all others at this point in time which is the valuations are based on the liquidity and demand of the world public. We are in the beginning of a bear market on literally all asset classes and not Bitcoin, Ethereum, and Cardano can stop withdrawal of funds from the block chains in the cryptocurrency space.
I expect declines across the board of at least 40% in cryptocurrency, and this means BTC and Eth should drop more than 50% from present levels. The end of the bear market could appear as soon as the middle of 2026, but previous cycles for the blockchain industry has the trend end or pause in the four quarter of 2026, or if things are really bad near the end of 2027.
It's naive to think that ADA will not drop below 40 cents per coin. I fully expect it to go below 30 cents, because in October 2025 the coin had already dropped to around the 30 cent level then jump above 70 cents. It is current hovering around 50 cents and dropping as of 11-04-2025. All other coins are dropping to with some already down 25% in less than 24 hours.
The crucial price level for Cardano is will is drop below 24 cents as its recent all time low in the last 4 years. If Cardano loses foundational support and/or major exchanges alter their trading conditions for the coin, then this coin may drop below 10 cents.
Prudent usage of all coins should be to invest only in the top coins for safety, and regard them as declining oscillating valuations. What this means is to set limit orders at or below the lower range of value the markets set and sell assets always below 90% or lower of their all time highs.

ADA 😂 what a terrible purchase for the bear market

ADA 😂

For anyone alert to the ecosystem the $NIGHT airdrop was known about for quite sometime and I personally converted many CNTs and pulled ADA out of LP for the $NIGHT drop. So I speak from experience here, just saying. The LP part in particular hurt because of impermanent loss becoming permanent but I figured the opportunity for receiving $NIGHT outweighed the loss. We'll see if that holds true. Im an adult and can take responsibility for my actions but nonetheless my actions were influenced by their decision NOT to support LP providers and CNT holders.
To ur other point, Satoshi stuck around for 2-3 years then bounced for reasons unknown but had they stuck around in the spotlight im sure things would be much different today. Im absolutely sure that governments would be jumping at the opportunity to steal his coins and put whispers into his ear about how to upgrade the chain etc. Whos to say that this isn't happening with Charles/IOG since they are the central nexus of development at the specification level?

I sold all my VET, CSPR, and ALGO today after watching it slowly shit itself the past 3 months. ADA, XRP, and SOL are next.

Wasn't ADA also a thing back then?

No. They really can't.
The same EXACT situation is happening across the market.
SOL, ETH, ADA are all top 10 - still suffering losses. You blame leadership, but it's the same regardless. No one at any of those chains would change the current state of things.

Yeah, I've sold most of my alts too early this year. Still holding some ADA tho. Missed opportunity with this one. Should have dumped it around $1. Oh well...

Most mentions on r/cc (2025-11-03 00:00:00):
||Mentions|
|:-|:-|
|BTC|304|
|ETH|43|
|MOON|39|
|IP|20|
|USDT|19|
|BAL|18|
|SOL|16|
|XRP|15|
|DASH|14|
|ZEC|13|
|ADA|9|
|HOME|9|
|POL|9|
|SAFE|9|
|SNT|9|
|XMR|9|
|MAGIC|8|
|MATIC|8|
|SUI|8|
|DOT|7|
[Data source and app](https://www.redditcoins.app/)

>I think people were starting to get curious about investing into Cardano defi, then the Midnight airdrop happened, which literally incentivized users to pull the money they had in native tokens/defi & convert back to ADA in order to get more $NIGHT.
The airdrop was only hinted at during some livestreams, it was never officially specified before the snapshot was even taken. I doubt many people took action because of this obscure fact. Many people complained that it was never advertised that an airdrop was coming. I know, because I had to deal with the complaints about it.
>I think Satoshi had the better idea by just bowing out at the beginning.
One tiny detail here. You would not even know about Cardano today if Charles had bowed out at the beginning.

I think people were starting to get curious about investing into Cardano defi, then the Midnight airdrop happened, which literally incentivized users to pull the money they had in native tokens/defi & convert back to ADA in order to get more $NIGHT.
Looking back this is one of the biggest mistakes and cases of shooting yourself in the foot that Charles and team couldve ever done. Why not incentivize the people in the trenches actually using the depper parts of your protocol? Instead they chose to give larger airdrop % to surface level users, completely disregarded the efforts of defi users.
And then to hear Charles say recently that "dont worry, CNT users will get airdropped some Quantum Hosky."
I think Satoshi had the better idea by just bowing out at the beginning. Charles holds too much influence and is way too opinionated to help this ecosystem. His ego shines 1st and foremost which is strange for a man who supposedly meditates and wanted to do a darkness retreat. This guy needs to spend some time at the gym maybe do some BJJ with Lex Friedman. Drop the ego already

Yep but people will say you’re wrong like buying Q4 22 wasn’t the easiest shit ever. Loads of people said last cycle we wouldn’t get a bear again but we did. You still have people bag holding DOT, LTC, ADA, ALGO and other crap because the JUST HODL mentality.

Most mentions on r/cc (2025-11-03 00:00:00):
||Mentions|
|:-|:-|
|BTC|304|
|ETH|43|
|MOON|39|
|IP|20|
|USDT|19|
|BAL|18|
|SOL|16|
|XRP|15|
|DASH|14|
|ZEC|13|
|ADA|9|
|HOME|9|
|POL|9|
|SAFE|9|
|SNT|9|
|XMR|9|
|MAGIC|8|
|MATIC|8|
|SUI|8|
|DOT|7|
[Data source and app](https://www.redditcoins.app/)

“A lot of us in the Cardano community really want to be more active on the DeFi side, but we’re not always sure where to start. Could you share some clear steps or examples of how regular ADA holders can get involved — whether it’s through governance, liquidity, or supporting new projects — so we can help grow the DeFi ecosystem together?”

Hey Cardano gang,
I have been a proud member of this community since 2019, and have been diamond holding my ADA since then.
So far I’ve seen my role as someone who allocated his capital toward the ideal of Cardano. I follow it very closely and actively root for it but my involvement has ended here. I always feel so inadequate in my understanding of the technology so I figured I’d participate how I could…by investing in it.
The call from Charles hit me though. More influencers needed on Cardano. YES!
I’d be willing to start a YouTube channel. But how would I go about covering it not understanding the technology without sounding completely retarded?
Any advice would be appreciated.
Love you all.

Cardano (ADA) & Scavenging | Cardano Rumor Rundown #729 - Army of Spies