Cardano's (ADA) recent moonshot of 88.8% left crypto enthusiasts doing the happy dance, as it hit $1.33—the highest in almost three years! 🚀 This "dino coins rally" saw ADA join the ranks of Stellar, XRP, and others, proving old coins still have some bite.
With futures open interest hitting $1.2 billion, traders are pondering if the dip is a buy signal or a liquidation risk. Despite ADA's surge, its TVL remains modest at $685 million, lagging behind Aptos and Avalanche. But hey, who said being a small player can't be fun? Keep an eye on those futures premiums!