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TronWeekly

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Cardano Faces Pullback but Whales and Analysts Remain Optimistic

  • Cardano recently retraced 8% but whale activity shows growing long-term optimism for ADA's prospects.
  • Market analysts suggest ADA could experience another bullish trend, with a short-term price target of $1.5.
  • ADA's large transactions surged by 297%, indicating heightened investor interest and growing market strength.
  • Despite the pullback, wallets holding over $10 million worth of ADA have increased their holdings by 145.72%, suggesting strong long-term confidence in the asset.

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