MAGACOIN Finance Takes Center Stage as ADA Whales Dump Tokens

While Cardano (ADA) celebrated a historic governance milestone, the short-term outlook remains bearish. Instead of rallying, ADA is facing heavy selling pressure from key whale wallets. This sudden shift in sentiment has overshadowed the positive narrative surrounding the network’s recent decision to allocate $71 million for scaling initiatives and node upgrades. 390 million ADA tokens have been dumped by these investors since late July, fueling a downward trend and extending losses for a third consecutive week. However, a new contender is rising: MAGACOIN FINANCE. This presale token is generating significant buzz and attracting traders seeking high returns.