Cardano (ADA) Is the Cryptocurrency of the Day, How Did It Happen?

Published 29/10/2023, 12:00
Cardano (ADA) Is the Cryptocurrency of the Day, How Did It Happen?
ADA/USD
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Coin Edition -

  • ADA’s price climbed to $0.29, as bulls drove an upward momentum with sellers unable to void the movement.
  • ADA was overbought and a retracement to $0.26 could be on the cards.
  • If the OBV continues to increase, ADA may recover to $0.30.

Cardano (ADA) has been named the cryptocurrency of the day for October 28, according to a post shared by X (formerly Twitter) CryptoDep. The token of the day is a list coined by the crypto social intelligence platform LunarCrush.

To be top of the list, a project needs to have a significant surge in terms of the altrank and the galaxy score. Using the galaxy score and altrank, LunarCrush gives an idea of the interactions within a project’s community.

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