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Cardano (ADA) Jumps 10%, Here's How Ecosystem Defied Market Turmoil

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ADA jumps 10%, here's how Cardano ecosystem defied market turmoil $ADA CardanoCommunity CardanoADA Stablecoin

As reported, on-chain analytics firm Santiment observed on Friday that several altcoins were underbought or in the"opportunity zone" due to recent losses sustained as a result of the market decline.

Cardano appeared in the opportunity zone, where prices are more likely to rise, according to Santiment's chart.Shahaf Bar-Geffen, COTI CEO, took to Twitter on Sunday to announce increased demand for Djed in the wake of the USDC and stablecoin depegging events over the weekend. According to him,"Throughout the storm, Djed has held its peg and will continue to do so."and Cardano builder Input Output Global .

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