rleathjr

ADA Update (Warning: Bias)

Long
Cardano, with the recent launch of their Allonzo hard fork and official DEX launch Cardano is now looking to pick up momentum into the beginning of 2022 with its recent rally from ~1.2, areas that i'm looking for continuation are ~1.8 and then ~2. Cardano is just an amazing project in my opinion with a level of ingenuity unmatched by other ecosystems. Currently ADA dominance is at an ATL ~2% which makes it a great buying opportunity for the asset as it picks up steam going into 2022. Inflows for this month were ~$2.3m into ADA and ~$107m YTD. Adoption is not quite there yet with the protocol but Cardano has a bright future ahead of it with D'apps finally being enabled.

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