Crypto Blog
Despite a recent 20% price drop, analysts predict a bullish future for ADA, including a potential “parabolic” spike to $10.
According to IntoTheBlock, Cardano’s ADA is currently the top cryptocurrency by development activity. It also enjoys the highest amount of weekly engagements. Leading cryptocurrencies, such as Ethereum and Bitcoin , were placed second and fifth, respectively. Avalanche is third, while the fourth place belongs to Litecoin .in January, the asset topped the same ranking , outperforming Polkadot and Kusama Network , which rounded up the top three list.
Despite its aforementioned success, ADA’s price has been well in the red in the past several days, plunging by 20% on a two-week basis.However, multiple analysts recently outlined bullish predictions for the asset, envisioning a new all-time high in the near future.the token’s performance to that of its previous bull cycle. The analyst claimed this could lead to a “parabolic” spike to as high as $10.One Weekly Email Can Change Your Crypto Life.
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