$ADA Major Volatility Precursor! Whales Frenziedly Purchased 20 Million ADA, Governance Upgrade in 2025 May Spark a Surge!

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Recently, Cardano (ADA) has been gaining momentum in the market, solidifying its position as the ninth largest cryptocurrency. However, just as the price dipped below $1, a whale suddenly bought 20 million ADA, shaking the market.

Market Turmoil: What Secrets Lie Behind the Whales?

Whale Buying Spree: Is this frenzied purchase a bet on ADA's future rise, or do they know some insider information?

Plomin Hard Fork Approaching: The Plomin hard fork in January 2025 is on the horizon, and Cardano's on-chain governance will undergo a massive upgrade, potentially bringing new opportunities for ADA.

Price Pressure: Breakthroughs and Risks Coexist

Currently, the price of ADA is $0.887. Although it recently rose by 1.75%, market sentiment remains unstable. If the price breaks through $0.91 and SMA 50 ($0.949), it may reach $1.2. However, if it falls below $0.76, it could drop to $0.5, and the previous gains might vanish.

2025 Critical Moment: The Future of Blockchain Governance

The Plomin hard fork not only relates to ADA's price but also impacts the future of decentralized governance in cryptocurrency. The whales' actions undoubtedly bet on this transformation.

Future Outlook: Prepare for a Surge or a Crash?

The approval date for the Plomin hard fork is between January 4 and 29, 2025. With the whales' actions, the market may face wild fluctuations, and retail investors need to operate cautiously. The future of ADA may see a surge due to governance upgrades and whale activities, or it could trigger severe corrections. Everyone needs to be well-prepared!

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