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Cardano's ADA Price Fluctuates, but Metrics Suggest Increase in Transactions and Utility on Network

Cardano's ADA has seen a surge in volume, but it may have reached an overbought level. The price-Daily Active Addresses (DAA) divergence indicates that ADA could be approaching a short-term entry point, but it is currently risky to consider it a good entry point.

Despite the recent crash in ADA's price, on-chain metrics such as volume and active addresses have reached yearly highs. The code for ad placement on a website includes two separate ad triggers and uses the adpushup function to manage and display the ads correctly, with specific ad IDs included in the code.

Cardano Cardano $0.77
-2.46%
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