Cardano's market faces potential price volatility due to decreasing whale transactions.
Cardano's market faces a dilemma with decreasing whale transactions potentially hinting at price volatility and consolidation risks, while co-founder Charles Hoskinson remains optimistic about ADA's success despite the competition. Cardano has recently hit a new milestone of 88.6 million transactions, potentially contributing to a positive price move. However, the lack of whale activity indicates possible price drops or long-term consolidation.
April 06, 2024
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