#ADA 🔥6,880,000,000 Cardano (ADA) in 24 Hours, What's Happening?🔜🚀
Cardano's volume remains elevated despite latest 14% price slump
A lot is happening with Cardano (ADA) on the broader cryptocurrency market. The coin climbed past the $1 level on the news of its inclusion in the U.S. strategic crypto reserve. Despite registering corrections after its initial leap, the Cardano ecosystem has remained highly liquid in the past 24 hours.#ADABullish
Cardano’s high liquidity and market sentiment Data from CoinMarketCap indicates that over 6.88 billion ADA, valued at $5.58 billion, were transacted within this period. The high liquidity might signal the continued positive sentiment of market participants toward ADA. The over 40% profit might have sustained this bullish outlook.#ADAAnalysis
Analysts are optimistic that if investors increase their purchases of Cardano, the market will rebound from the present correction. Some have predicted that ADA could stabilize above $1.20 in the coming days. As of this writing, ADA's price was changing hands at $0.8127, having witnessed a 16.43% correction on the market. Cardano’s trading volume is also down by 48.18% to $5.45 billion.#ADA/BNB $ADA
Market watchers consider the drop in trading volume insignificant, given that the asset's volume had spiked by 1,700% over the past 48 hours.#ADA!