EIA Refined Oil Inventory in the U.S. for the week ending May 9

😎Gate.io Top 5 Daily Gainers 👉Time: July 22, 2022 👇Price Gains👇 1️⃣ $MITH: +40.42% 2️⃣ $CRV: +24.28% 3️⃣ $NMR: +22.71% 4️⃣ $APE: +16.88% 5️⃣ $ETC: +15.81%

Against the backdrop of a general fall in the Crypto Assets market, Cardano (ADA) has shown extraordinary resilience, with its price remaining relatively stable around $0.92 and a daily volume reaching 273 million ADA, forming strong support. There are deep-seated reasons behind this unusual performance. Firstly, the Cardano ecosystem is undergoing significant changes. With the successful activation of the Chang hard fork, the Voltaire governance era has officially begun, granting the community more decision-making power. At the same time, the advancement of the Hydra scaling solution and the Mithril protocol has greatly enhanced the network's performance and efficiency. These technological advancements have attracted a large number of developers, allowing Cardano to stand out in the public chain competition. Secondly, Cardano's unique staking mechanism plays a key role. Nearly 70% of ADA tokens are actively staked by holders, which is far higher than the industry average. This high staking rate not only reduces the circulation in the market but also reflects the holders' long-term confidence in the project, effectively resisting the selling pressure brought by market fluctuations. Finally, the continued attention from institutional investors also provides strong support for ADA. The recent increase in ADA holdings by well-known investment institutions such as Grayscale indicates professional investors' optimism about the future development of Cardano. Although Cardano is currently performing well, investors must remain cautious. The cryptocurrency market is volatile, and even the best-performing projects may face risks. Cardano's robust performance undoubtedly highlights its advantages in technological innovation, community consensus, and capital support, but there are still many uncertainties regarding the future direction of the market. For those looking to invest, it is crucial to thoroughly understand the project's fundamentals, pay attention to market dynamics, and manage risks effectively.

#MITH# Do old coin friends remember Mith? Will MITH Coin ignite the market? MITH has recently seen a surge in trading volume at Gate (see for yourself), the candlestick chart shows that the price has bottomed at a low level, the double bottom pattern has appeared, and the upside is huge! The buying power is accumulating wildly, and the main force is showing obvious signs of attracting chips! Miss BTC take-off and don't miss MITH again! 🚀 There is no eternal dung coin, as long as there is a chance to squirt, it will be a good coin with potential! 🔥 (Investment is risky, you need to be cautious when entering the market!) See you at the top of the hill! 😝😝⛰️

A spark in the stone, a glow in the dark #Bitcoin, the digital mithril.

#MITH# Net 🥅 🏀 Sleeping Lion ♌