Cardano Ecosystem Shows Strength Amid Bitcoin Volatility
The Cardano ecosystem has been performing well, with projects like ADA, COTI, IO, NEXO, and API3 demonstrating resilience against Bitcoin's price swings.
However, traders are displaying heightened optimism, aggressively taking Long positions on ADA across exchanges. According to aggregated liquidation levels, liquidation pools have formed below the current price, while an interesting pool sits at $1.18, tied to unliquidated Short positions.
Exciting days lie ahead for the Cardano ecosystem!
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