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Hello hivers
I love ADA is one of the top coins in my wallet and I love talking about Cardano
Despite the market turbulence, Cardano's whale accumulation is steadily increasing. Several indicators show that the Cardano network continues to outperform them. Sees the DEX turning as one of its biggest strengths. That is why ADA price forecasts have become more hopeful.
Is this the ADA's last sale under $1?
Despite the market's volatility, large money investors are buying into Cardano's downside. According to analytics firm Into the Block, whale wallets hold between 1 million and 10 million ADA. Since the start of the year, there has been a 41% gain, which has been incredible for the crypto community.
Deep-pocketed investors have purchased 12 million ADA in sequential order, totaling $9.48 billion. However, 70% of ADA accumulation is channeled through DEXs like Sundaeswap. 26 DEX is being developed on Cardano, according to some reports.
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Deep-pocketed investors have purchased 12 million ADA in sequential order, totaling $9.48 billion. However, 70% of ADA accumulation is channeled through DEXs like Sundaeswap. 26 DEX is being developed on Cardano, according to some reports. As a result, drip Dropz has released the largest single drop in the Cardano network's history. The Sundaeswap token will be available for withdrawal on the platform as it becomes available. Cardano, on the other hand, remains at the top of the list with the greatest 24-hour trading volume and adjusted volume. Which are worth $27.39 billion and 27.06 billion dollars, respectively. In other words, big-money accumulation increases the likelihood of a bullish run on longer time horizons. Holders, on the other hand, are encouraged by the makers' long-term outlook. Furthermore, for the time being, the enthusiasm has risen. As the community anticipates ADA's price action on March 17th Which is an important day on the calendar.
Will wait and hope if Cardano will reclaim its lost throne from Solana.
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