Cardano (ADA) Grabs Traders’ Attention After a 20% Weekly Increase: Further Pump Incoming?

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Cardano (ADA) posted a 20% weekly increase, outperforming Bitcoin and Ethereum during a challenging period. In June, its price had fallen below $0.14, its lowest level since 2020. Whales purchased more than 240 million tokens in less than a week, pushing the price to around $0.193. Analysts are setting ambitious targets, with some projecting prices as high as $2.90, while ADA futures volume surged by 380% from $150 million to $650 million in a single week.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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