Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 11460
Markets: 87462
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
11460
Cryptocurrencies
58.72%
Bitcoin Share
The Crypto Basic 2024-11-23 08:34:39

Cardano Now up 200% in November, but Expert Says This is Nothing Compared to What is Coming

Cardano Now up 200% in November, but Expert Says This is Nothing Compared to What is Coming

A seasoned market analyst has made an audacious Cardano prediction, insisting that its recent break above the one-dollar mark is nothing compared to what lies ahead. Cardano broke above $1 on Friday as bullish momentum reached astronomical levels. The asset has not slowed down yet, surging further to $1.14 before consolidating at $1.09 at the time of writing.Notably, Cardano is up 25% in the past 24 hours and a staggering 213% from its price 30 days ago. According to analyst Ali Martinez, the preposterous uptick is a glimpse of Cardano’s ultimate bullish target.Something Huge on Cardano’s HorizonMartinez insisted that Cardano is still in the early stages of its targeted explosion. In a Friday X thread , he cited bullish on-chain metrics as his basis for his assertion.First, the analyst pointed to a growing whale and institutional accumulation of Cardano as a sign that something explosive is coming for the asset. Martinez’s analysis shows that the large transaction volume on the Cardano network has surged past $22 billion daily.He further indicated that the impressive daily transactions on Cardano were actually accumulations other than sales or fund relocation. The analyst deduced his claims from the uptick in whales holding between 1 million and 10 million ADA, who have topped by stash by 100% in the past month.Meanwhile, Martinez noted that bullish on-chain activities have started exerting upward pressure on ADA’s price, which is evident in the recent outburst. His commentary further asserts that sustaining these bullish metrics would spur Cardano to mirror its previous bull cycle.The analyst also reiterated his earlier prediction, insisting that Cardan would hit $6 by 2025 . Notably, ADA is now 450% away from this price target and 184% from its all-time high of $3.10.Furthermore, Martinez’s analysis aligns with Cardano bull Dan Gambardello’s assertion that something huge is coming for the “Ethereum killer.” Gambardello hinted that something preposterous is imminent for Cardano, stating that although he cannot figure out what exactly, he believes whales and institutions are loading up the asset for a reason.Cardano Traction Reaches Epic LevelsMeanwhile, Santiment confirmed the growing institutional traction towards Cardano. The market intelligence firm’s recent analysis indicates that ADA’s social presence has surged to multi-month highs.Santiment’s data shows that Cardano had an astronomical social media mention and discussion rate yesterday. Notably, this is its largest social traction in 11 months, specifically since December 8, 2023. Furthermore, Santiment shares that Cardano’s market cap is now three times what it was 17 days ago following the push past $1. Also, realized profits on the Cardano network reached an 8-month high, as traders cashed out $165 million from their ADA stash yesterday.

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
58.72%
Bitcoin Share
129
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.