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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
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Crypto News Today, 6th March : Pi Network News, Crypto Summit, Cardano Price Surge, Stock Market
March 6, 2025 05:27:45 UTC
.video-sizes{ width:100%; } .header_banner_ad img{ width:100%; } .header_banner_ad{ margin: 35px 0; background: #eaeff3; padding: 10px 35px 20px; border-radius: 10px; } Advertisement ## Why Cardano Price is Up Today?
Following former President Trump’s announcement of a U.S. Strategic Crypto Reserve, major investors have swiftly accumulated over 420 million ADA tokens. This surge in whale activity has coincided with a sharp price increase in Cardano, defying broader market bearish trends. Analysts believe that the strategic positioning by large holders reflects strong long-term confidence in ADA, especially given Cardano’s robust technology and sustainability focus. As the token tests key resistance levels, many investors are optimistic that this renewed momentum could propel Cardano toward reclaiming lost price levels and potentially reaching new highs.