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Cardano Boost to Over +12%, Traders Hungry for More

Published 11/09/2021, 10:20 AM
Updated 11/09/2021, 10:30 AM
Cardano Boost to Over +12%, Traders Hungry for More
ADA/USD
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  • Cardano surge a 24-hour growth rate of +12%.
  • Cardano fans hope to see ADA rocket high.

Cardano remains to be one of the most talked-about digital assets in the crypto world. This time, ADA is beginning to wake up once again as it successfully records a 24-hour growth rate of over +12%. Indeed, this uptrend movement of the crypto brings joy and excitement to the Cardano community and its investors worldwide.

This made Benjamin Cowen, a crypto quant, react in a tweet post:

The tweet posted by Benjamin Cowen stated that Cardano is starting to move once again towards the moon. “ADA stretching its legs a bit, but please, do not get out of bed for this, he said.” Furthermore, the post was retweeted almost 70 times with 2596 likes, and this statistic is expected to rise over time.

Source: CoinGecko

As seen in the chart above, Cardano (ADA) keeps its trading position above the bullish price of $2. This uptrend position of the crypto made Cardano bag a huge market cap amounting to over $70 billion. Hence, Cardano now ranks along with the top ten cryptos in CoinGecko.

As per the technology of Cardano, ADA remains on track on the development of its network. The optimization of the Daedalus startup sequence and integration of the latest LedgerJS is one of the many developments of the Cardano network. At the time of writing, Cardano trades a bullish price of $2.28 per crypto with a 24-hour trading volume of almost $5 billion.

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