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IntoTheBlock Adds Cardano Analytics

IntoTheBlock, a popular blockchain analytics company, has added support for the Cardano network.

The platform made this known in a tweet today, offering a 30% discount for its paid services to commemorate the event. Consequently, users will now be able to unleash the platform’s analytics arsenal on the Cardano chain.

In the accompanying Medium blog post, IntoTheBlock shared some insights on the network, giving users a sneak peek at the information they can glean by using the service. 

In financial analysis, using its In/Out of The Money indicator, the crypto analytics provider revealed that 76.6% of holders are holding at a loss. According to IntoTheBlock, it indicates that this might be an excellent chance to pick up ADA, the network’s native coin, for cheap.

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