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Cardano Price Forecast: Is $0.50 the Next Stop for ADA as Dormant Wallets Surge?

  • Cardano's price has dropped 17% in the past seven days as dormant wallet activity rises.
  • Cardano's trading volume over 24 hours has declined by 10.37% to $1.37 billion.
  • Bearish indicators for Cardano include decreased open derivative contracts and options volume.
  • Positive sentiments in the market stem from plans to integrate Bitcoin into Cardano's DeFi ecosystem and potential collaboration with Ripple.

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