• The crypto analytics platform Stocktwits has ranked Cardano (ADA) as the most trending cryptocurrency on the platform, surpassing Bitcoin (BTC).
• ADA had a trading price of $0.3774, up by 11%, and a change of $0.0382 at the time.
• CoinGecko and Coinmarketcap rank ADA as the eighth cryptocurrency with the highest market capitalization, having a 1.2% dominance in the global crypto market cap.
The crypto market is still in a bullish trend, and the so-called ‚mini bull run‘ is becoming more and more prominent. Altcoins such as Cardano (ADA) have seen significant price movement, breaking multiple resistances and reaching higher highs, ignoring any retrace. This week, ADA has once again demonstrated its potential to be a small but powerful token as it topped the list of trending cryptos on the crypto analytics platform StockTwits.
At the time of the announcement, ADA had a trading price of $0.3774, up by 11%, and a change of $0.0382. This pushed it ahead of Bitcoin (BTC), which came in second with a trading price of $23,195, up by 8.47%, and a change of $1,810.42. On other platforms such as CoinGecko and Coinmarketcap, ADA still maintained its strong position, ranking eighth in the list of cryptocurrencies with the highest market capitalization, with a 1.2% dominance in the global crypto market cap.
These developments point to an increasing level of interest in the token, and it is expected that ADA’s price will continue to rise in the coming days and weeks. As more people become aware of the potential of this altcoin, it is likely that its price will continue to be supported by strong demand. Investors should, therefore, be on the lookout for any potential opportunities to capitalize on this trend.