Why Cardano Coin Is Rising In The Red Market
Cardano, ADA Coin continued to appreciate while the cryptocurrency market painted a red picture. The price of Cardano, which has gained 2.6% in the last twenty-four hours, rose to 0.27 dollar. According to the comment from on-chain data provider Santiment, the price of ADA Coin is rising thanks to the purchases of whales.
Ethereum killers have moved away from the top ten ranks one by one. Solana (SOL), Avalanche (AVAX) and Polkadot (DOT), which once climbed to the top ten among the most valuable cryptocurrencies, lost the interest of many investors during the bear season. However, Cardano continues to dry out its place in the top ten.
Today, we see a red table in the market, mainly SOL, NEAR and AVAX. ADA Coin, a well-established cryptocurrency, is among the rare projects that gain value.