Snoop Dogg and his son Strongly believes in Cardano Eco-system, invests on the new NFT release . Champ Medici , Snoop dog son who is a crypto investor and NFT artist in the Cardano network has convinced his father in believing and investing in the network and its creator Charles Hoskinson. while speculating and teasing upcoming music content for Cardano, Snoop Dog son have gain a large attention and presence on the Cardino network as a result of forthcoming release.
INVESTMENT MADE BY SNOOP DOG AND HIS SON.
In April, Snoop Dogg and his son announced their official partnership with Cardano-based NFT project Clay Nation, offering iconic clay animations, land pitches, and unlocking music content to the cryptocurrency. Since then over five million NFTs have been minted and created on the Cardano network, According to pool.pm data, the quantity of native assets issued on the Cardano blockchain is presently 5,030,192, with 54,897 different minting rules.
The expansion of the Cardano network is linked to a rise in the number of minted non-fungible art and projects. Cardano is the sixth largest cryptocurrency, according to CoinMarketCap, having a market cap of $22.29 billion at the time of writing. #Cardano is one of many #altcoins that has had a strong start to the week, with a gain of 13% in the last 24 hours. As $ADA’s team worked on inventing while prices were constrained, development activity reached #AllTimeHigh levels twitted by Santiment
The ADA price dropped to $0.44 on May 27 before rising. At the time of publication, ADA was up 28.40 percent to $0.669, marking the fourth consecutive day of positive price movement. ADA has risen 28.93 percent in the previous week, hitting intraday highs of $0.689 earlier today.
On-chain analytics firm Santiment reported a matching surge in development activity in response to the recent price spike on ADA, adding, “Cardano is one of many altcoins that has had a strong start to the week, with a gain of 13% in the last 24 hours. As ADA’s staff worked on inventing when prices were suppressed, development activity reached an all-time high. According to IOHK’s most recent network data, 986 projects are now being developed on Cardano, up from 886 in 2017.