Cardano (ADA) witnesses epic 252% surge in volume as price hits levels not seen in four months
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At the moment, the volume-to-market cap ratio for Cardano is 11.1%, which indicates a fairly high level of trading activity.The increase in volume is likely due to the fact that the price of Cardano has been on a tear lately, rising over 31.3% since the beginning of the week. As a result, the price of ADA reached a high of $0.45, a level not seen since July. What comes next for the Cardano token remains to be seen, but this parade of green candles has definitely increased the sentiment and enthusiasm for ADA among traders. back in the spotlight and in the top 10 of the cryptocurrency market rankings, it will be interesting to see if this market old-timer manages to prove the critics wrong.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Ethereum Just Broke Biggest Hurdle, What's Next?
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