Yesterday saw Cardano (ADA) experience a massive leap, scoring over $1 billion in market capitalization and earning its spot as a top 10 cryptocurrency by market share. Now boasting a market cap of $15.5 billion, ADA has leapfrogged ahead by 25% in trading volume over the seven day period and amassed a stunning 17.3% jump in value over the last month. As per CoinMarketCap, the digital currency increased by 2.87% in the past 24 hours to exchange for $0.4389.
A Twitter post by content creator Ali implies that underlying fundamental patterns point to big things for Cardano in the foreseeable future. He Sans one of these factors, the waivers made from COVID-19 crashing the cryptocurrency markets of not coming into play, the rise could take ADA past its current resistance levels at $0.45 and ultimately to $0.75 scenario sometime in the closing months of 2020. Although it is wise to not to bank much on predictions made in light of cryptocurrency’s traditionally volatile steadfast laws, the prevailing up reinforcements and propensity technologies augur quite. Well for Cardano in this certain time frame.
