Cardano price gains 88% — Is the ADA rally just getting started?
Cardano's record high open interest metric raises concerns about a sharp sell-off, but strong market demand suggests the ADA rally could continue. Cardano surged by 88.8% between Nov. 18 and Dec. 3, reaching its highest price in nearly three years at $1.33. This rally mirrored broader gains in the altcoin market, which reached a peak of $1.52 trillion on Dec. 3, up from $1.16 trillion on Nov. 18.
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