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ADA's price performance over the previous two weeks has similarly reflected the mainly positive metrics. The token's price has increased by 10.8 percent over the past 14 days and 9.3 percent over the past week.
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The price of Cardano has surpassed $1.15 against the US dollar, emulating bitcoin's recent surge in value. If there is a clear break above $1.24, the ADA price could continue to increase.
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Since hitting an all-time high on September 2 of $3.10, the ADA price has been declining.
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Coins such as Cardano have been gaining momentum at an incredible rate. The Alonzo hard fork was one of several upgrades to its ecosystem in 2021.
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Walrus-like investors appear to be hunting for Cardano (ADA) bargains as the DeFi protocols of the programable blockchain expand.