Here’s Why Cardano (ADA) Could Experience a ‘Monster Parabolic Rally’ (Analyst)

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TL;DR Analysts suggest Cardano (ADA) could be at the start of a major resurgence, with predictions of a potential surge to double-digit territory, citing strong fundamentals and past bull cycle performance. On the other hand, large investors recently dumped over 330 million ADA tokens, increasing market supply and potentially triggering further price declines in the short term. $15 Per Coin? Cardano’s ADA was among the top-performing cryptocurrencies toward the end of 2024, with its price rising...