Cardano: Large Investors Continue Buying, Here's What Might Impact Price

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Cardano: Large Investors Continue Buying, Here's What Might Impact Price
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Cardano: large holders increasing positions, this might be potential reason CardanoADA $ADA CardanoCommunity ADA

The current buying by large investors is yet to translate into the massive price gains for ADA due to what Cardano founder Charles Hoskinson says is"macro factor dominance."

According to the Cardano creator,"Cardano has never been stronger and frankly, many other projects are also solid across the industry, yet you don't see that reflected-just a sea of red. Macro factors always win out."As reported by U.Today, when questioned about the poor performance of the native ADA currency, Cardano founder Charles Hoskinson said that cryptocurrencies had entered a bear market, and he conceded that no announcement would make a difference.

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