ADA has set its sights on $2 as market optimism for altcoins grows. Yet, there are other reasons why now is the right moment to scoop up ADA.
ADA has proven its resilience, fending off bearish pressure and holding strong above the $1 mark—a level it fought hard to reclaim.has soared with triple-digit gains over the past 30 days, breaking free from a three-year slump to reclaim the $1 benchmark and secure its spot as the second-best-performing altcoin.’ to accumulate ADA, its price action has yet to deliver the robust bullish momentum many anticipated.
So, unless Bitcoin makes a strong rebound, holding $104K and flipping the current price band into solid support, the market is likely to see short-term fluctuations. If history holds true, ADA could potentially break through $2 in the coming days, setting its sights on a new all-time high of $3.11 before the year concludes.Coincidence or not, whales appear to be following this strategy, accumulating over 20.31 million ADA at an acquisition price of $1.21.a total of 391K addresses, now holding 4.95 billion ADA tokens, all hoping for a rebound to $2.
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