Sell-off alert: Cardano chart hints toward imminent ADA price drop
The very beginning of 2024 was rocky for Cardano (ADA) as it, in the first two weeks of January, went through one significant rally and two major plunges. The ADA token has, however, started regaining momentum after January 20 and has spent much of February surging and gained 22.56% since January 23, going from $0.48 to $0.58. Indeed, Cardano has – notwithstanding the turmoil of the first three weeks of January – started truly snowballing in recent months, as best exemplified by the rapidly accelerating growth of smart contracts on its blockchain. In fact, after the number of smart contracts rose by 10,000 in 2023, Cardano added just as many in January and, in the first 10 days of February, it added an additional 5,000. Picked for you All eyes on $125 as Solana prepares for takeoff 21 mins ago Short squeeze alert for next week: Two cryptocurrencies with pump potential 53 mins ago ‘Face-ripping rally’ coming for XRP, say experts 3 hours ago ...