Cardano's ADA Surges as Whale Accumulation Drives Price to New Highs

TL;DR Summary
Cardano (ADA) is experiencing a significant price surge as whales and institutional investors accumulate the cryptocurrency, according to crypto analyst Ali Martinez. Large transactions on the Cardano network have exceeded $22 billion daily, with whales increasing their holdings by over 100% in the past month. Martinez suggests that if ADA maintains its support level at $0.80, it could potentially target a price of $6, mirroring its previous bullish cycle. ADA is currently trading at $1.06, showing substantial gains recently.
- Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst The Daily Hodl
- Cardano's ADA Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B CoinDesk
- Cardano (ADA) Price Prediction for November 23 U.Today
- Here's How Much $100 Invested In Cardano Today Could Be Worth If ADA Hits New All-Time Highs Benzinga
- Cardano Price Rumbles On, Breaks $1 For The First Time Since 2022 | Bitcoinist.com Bitcoinist
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 2 min read
Condensed
74%
304 → 79 words
Want the full story? Read the original article
Read on The Daily Hodl