Cardano Price Surges Above One Dollar On 200% 30-Day Rally: What Is Going On With ADA?
Posted On November 27, 2024
Cardano (CRYPTO: ADA) is back above $1 after rallying over 200% over the past 30 days, significantly outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the process.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend | 30-Day Trend |
| Cardano | $1.02 | $35.6 Billion | +8.8% | +23.5% | +203.9% |
| Bitcoin | $96,015.13 | $1.9 Trillion | +2.4% | +2.2% | +39.1% |
| Ethereum | $3,560.54 | $428.8 Billion | +7% | +15.9% | +42% |
Trader Notes: Crypto trader Dan Gambardello highlights a wave of optimism surrounding ADA, noting that many holders used this level to take profits, while others see the current consolidation as a setup for further gains.
He sees current consolidation and redistribution phase as a healthy step, paving the way for potential future growth toward $5 and …
About The Author
