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Can $ADA hit $100 as per Cardano community

Can $ADA hit $100 as per Cardano community 

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Anilsingta

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Today ETH Etfs approved now next coin is SOLANA in the que do you agree if so share to reach maximum 💪 #EarnFreeCrypto2024

#ETH ETF approves by SEC Let’s see next which Crypto ETF will be going to approve $SOL $BNB $ADA $SHIB $XRP $MATIC

The Spot #Ethereum ETF is about to accepted in the next 2-4 hours or?

🎯 My targets for this cycle: $BTC $1,50,000 $ETH $14,000 $SOL $2,000 $DOGE $20 $XRP $10 $ADA $5 $SHIB $0.1 $AVAX $700 $LINK $480 $LTC $800 $PEPE $0.10 $HBAR $5 $ICP $250 $WIF $3 $MYRO $10 $JASMY $3 $GALA $2 $BONK $0.02 $LUNC $2 $MATIC$50

😡Crypto markets experience high volatility due to several factors:💚 🚀Market Speculation: Many participants in the crypto market are speculators looking to profit from price fluctuations. This speculation can lead to rapid price swings as sentiments change. ☝️Lack of Regulation: Compared to traditional financial markets, the cryptocurrency market is relatively unregulated. This lack of oversight can lead to market manipulation, insider trading, and other practices that exacerbate volatility. 🌱Market Sentiment: Crypto markets are heavily influenced by sentiment, which can change rapidly due to news events, regulatory announcements, or even social media trends. 💫Thin Order Books: Cryptocurrency markets can have relatively thin order books, meaning that even a small influx of buy or sell orders can lead to significant price movements. 👀Technology and Development: Since cryptocurrencies are built on relatively new and rapidly evolving technology, developments in blockchain protocols, security vulnerabilities, or changes in the underlying technology can lead to price fluctuations. 🤣Liquidity: Liquidity in cryptocurrency markets varies widely across different assets. Lower liquidity can exacerbate volatility as large buy or sell orders can move the price more significantly. 🎉Global Nature: Cryptocurrency markets operate 24/7 across the globe, allowing trading to occur from any time zone. This continuous trading can lead to price fluctuations as different regions wake up, react to news, or engage in trading activities. Overall, the combination of these factors contributes to the high volatility observed in cryptocurrency markets.

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