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Cardano (ADA) to $1 Reality Just Got Closer: Details
According to recent market developments, it appears that the price of Cardano (ADA) is on the cusp of reaching the coveted $1 milestone. This prediction is based on the cryptocurrency’s remarkable 58% increase since its low point in June, with a notable breach above crucial moving averages.
Over the past 24 hours, ADA has witnessed an impressive surge of 10%, reaching a new intraday high of $0.825 and re-attaining a price level unseen in weeks. It is worth noting that, as recently as June 22, the cryptocurrency was trading at $0.52.
The sudden increase in trading volumes by 84% over the same period to $2.36 billion also underscores the growing interest in ADA among traders, according to CoinMarketCap data.
Source: u.today
