List of Flash News about DRep delegation
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2025-06-10 21:55 |
Cardano DRep Delegation Warning: Unnecessary Fund Spending Increases ADA Sell Pressure – Key Insights for Crypto Traders
According to @ItsDave_ADA on Twitter, Cardano holders are urged to delegate their voting power to DReps who align with their interests, as unnecessary spending of treasury funds results in immediate sell pressure on ADA tokens (Source: @ItsDave_ADA, June 10, 2025). For traders, this highlights the importance of monitoring governance proposals and treasury allocations, as increased expenditures could trigger short-term downward price movements for ADA. The emphasis on voting against random bundled proposals serves as a caution to avoid funding initiatives that may not benefit the ecosystem, supporting more stable and positive price action for Cardano in the crypto markets. |