The cryptocurrency market is experiencing intense fluctuations, and some digital assets worth less than 2 USDT are attracting attention due to their potential for appreciation. Cardano (ADA) and Shiba Inu (SHIB) continue to be in the spotlight due to recent price movements, while Minotaurus (MTAUR) is gaining momentum during its initial offering. All three cryptocurrencies are being watched with interest by investors looking for new opportunities.
Cardano (ADA) Shows Mixed Signals as Large Holders Move
Cardano (ADA) has seen a 5.64% increase in the last 24 hours, trading at 0.75 USDT. The ninth-largest cryptocurrency has a market cap of 26.78 billion USDT, indicating significant activity. However, despite the short-term rally, ADA is facing downward pressure due to large holders’ movements and overall market conditions.
On-chain analysis shows that large investors have transferred 330 million ADA tokens, equivalent to approximately 280 million USDT, increasing selling pressure. No major purchases were observed, suggesting caution among major participants. Furthermore, the daily RSI is approaching levels that indicate a potential reversal, signaling that a change in direction could occur if market conditions improve.
