Cardano gains 20% amid a high buying spree
Cardano was trading at $0.643587 up 19.82% on the day - the largest one-day percentage gain since February 5
Cardano was trading at $0.643587 up 19.82% on the day - the largest one-day percentage gain since February 5
Other leading crypto assets including Ethereum, Cardano, Litcoin, Chainlink, Polkadot, and Stellar lost more than 8% in value.
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$100 billion in value was virtually wiped out, taking into account, Bitcoin, the dominant player lost as much as $5,000.
Over the past week, Cardano has seen a surge in its market value gaining as much as 89.11%.
The Crypto market struck a lifetime high after gaining five times in market value since 2020.
An unknown whale moved 15,022 BTC in block 662,678 estimated to be roughly worth about $281 million.
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Cardano was trading at $0.169425 01:11 GMT on Thursday, up by 10.08%, it's largest one-day percentage surge since Nov. 28.