Why Cardano (ADA) Is Up 25% Today

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Will Cardano stay on its current pedestal or plummet back down?

Key points

  • The crypto market is in flux in the wake of TerraUSD and LUNA’s collapsing values.
  • Cardano’s major leap may be part of a dynamic recovery for the crypto market rather than a signal of instant resurgence.

In today’s cryptocurrency news, many coins are recovering some of their lost value after falling far over the previous period. One of the biggest gainers today is Cardano (ADA), which gained a quarter of its value, while other major players in the crypto space saw substantial gains as well. Amid the…

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