Cardano Price Jumps 13% as Pepe Rival Surpasses $40M
If you’re keeping an eye on the cryptocurrency market, you may have noticed that Cardano’s price has been on the rise. In the past 24 hours, ADA has surged by 13% to reach $1.05, with trading volume hitting $1.61 billion. This increase seems to be linked to Bitcoin’s recent upward trend.
At the start of the new year, Cardano faced some resistance as it tried to push past the $1 mark. However, with Bitcoin’s recovery and a boost from a community design competition, ADA has managed to break through this barrier. As Bitcoin struggles to surpass $97.5k, Cardano seems to be holding strong.
Looking ahead, Cardano’s price may face some challenges around the $1.05 mark. Recent trading patterns suggest that traders are actively engaged, with a significant increase in daily volume. The Relative Strength Index (RSI) also indicates strong bullish sentiment, with traders reacting quickly to minor corrections.
For those seeking alternative investment opportunities, Wall Street Pepe (WEPE) is gaining attention. Inspired by the Pepe meme, WEPE is making waves with a whopping $40 million raised in its presale. This meme coin aims to create a community for retail traders, offering insider tips and strategies typically reserved for crypto whales.
If you’re considering WEPE, now might be a good time to buy in at a low price point before potential gains. Influencers like YouTuber ClayBro have noted the coin’s potential for significant growth, making it an attractive option for diversifying your crypto portfolio. Check out WEPE’s presale before prices potentially increase in the next two days.
