Cardano's ADA price pump triggers 180% surge in volume: Is FOMO in?
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This surge in trading activity comes at a time when the price of the Cardano token is also on the rise. Since the opening of the latest daily candle, It is likely that the volume growth is due to the FOMO among market participants. Over the past few weeks, the price action of the Cardano token has severely depleted investors and traders with its low-volatility movement. Against this background, jokes even began to appear that ADA at $0.45 is a stablecoin.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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