Public sentiment toward Cardano (ADA) has recently begun to waver. A report from Santiment states that typically optimistic ADA holders are starting to show pessimistic tendencies. This negative sentiment level is the lowest it has been in five months. Yet, oddly, amid this gloomy climate, the price of ADA saw an increase at that time. Furthermore, when small traders start to panic and sell their assets in frustration, it’s the larger holders who are quietly accumulating.
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Data analysis agency Altcoin Vector analyzed that as ETH provides upward momentum and driving effects for other tokens, once ETH stabilizes above its historical high price, Altcoin may explode.
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The entire ecosystem of $SUI is interesting. $SUI is about to break out, so it's a must-watch for high Beta plays within $SUI. $WAL is on top of the list. Higher timeframe holding support. Grayscale has expanded with a Walrus Trust. Massive steps for the entire ecosystem.
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