Benzinga – Cardano (CRYPTO: ADA), the tenth-largest cryptocurrency by market cap, defied the broader market downturn to post impressive gains in the 24-hour timeframe.
What Happened: ADA spiked 4.23% in the last 24 hours to trade at $0.463 at the time of publication, according to data from Benzinga Pro. The rally made ADA the third-best-performing digital asset in the market over the last 24 hours.
The outperformance helped ADA, often dubbed an Ethereum (CRYPTO: ETH) killer, attract eyeballs. Socially-driven engagements such as likes, comments, and reposts for the coin surged, according to social analytics firm LunarCrush.
On a very tough day across the crypto market, which assets are standing out with strong combined social and market activity? Let’s take a look…
Cardano $ADA
Tellor $TRB
DOG•GO•TO•THE•MOON $DOG
FTX Token $FTT
Binance Coin $BNB
Velo…
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