Cardano (ADA), currently the 9th-largest cryptocurrency by market cap, recently saw an overwhelming price surge that launched its price up by 17%.
Cardano Outperformed All Other Major Cryptos
While all among the top 10 cryptos are trading in the green early this week, Cardano is the best performer by far. The second-largest gainer in the last 24 hours is Solana with an 8% surge, which is less than half of ADA’s performance.
The popular coin skyrocketed 25% in the last seven days, also becoming the best weekly performer. In this regard, however, DOGE is the closest to it with a 22% weekly surge, but ADA is still the top performer on both daily and weekly charts.
The coin’s performance was undoubtedly partially influenced by Trump’s re-election for the president of the US, which caused the entire market to surge. However, it is also worth noting that Cardano’s founder, Charles Hoskinson, celebrated his birthday this week.
https://x.com/Cardano/status/1853838888894128594
Apart from that, Blink Labs also recently completed their first release on their Cardano node implementation in Go, which is a big step toward new approaches of serving and consuming blockchain data, and supporting blockchain and dApp integration opportunities on Cardano.
https://x.com/blinklabs_io/status/1853921941352006135
For the time being, however, Cardano seemingly encountered a strong resistance at $0.45, which it might struggle to overcome. As a result, buying ADA now might not be the right move to make, given that the resistance might reject the price. Instead, investors can consider an alternative that has yet to see its first surge, such as Crypto All-Stars (STARS).
JOIN THE STARS ICO AND STAKE ALL MAJOR MEME COINS IN ONE PLACE
Stake Your Entire Meme Coin Portfolio With Crypto All-Stars
Crypto All-Stars is a new meme coin project that attracted investors to its ICO thanks to an innovative new type of staking smart contract. Known as MemeVault, its new smart contract allows users to stake more than just the project’s native coin. Instead, they can stake over a dozen different cryptos, all of which are the top-ranking meme coins.
This sets it apart from other staking projects whose smart contracts only offer support for their native cryptocurrency, making meme coin staking simple and more convenient, since you can stake an entire portfolio in one place.
As mentioned, the project supports about a dozen of the largest meme coins, including Pepe, Dogecoin, Shiba Inu, Floki, Brett, Mog Coin, Milady, Turbo, Toshi The Cat, Coq Inu, Bonk Coin, and its native STARS token.
BUY STARS WHILE ITS PRICE IS LOW
You can start staking even now, despite the fact that the project is still in ICO. You just need to buy some STARS first, and since it is still in presale, this is the best opportunity to buy it at a low price. So far, the project’s ICO saw major demand, raising over $3.16 million while selling STARS for only a fraction of a cent — $0.0015494 apiece. Use ETH, USDT, BNB, DOGE, SHIB, PEPE, FLOKI, or credit/debit cards to buy.
