What are the latest crypto news and the performance of the coins Cardano (ADA), PancakeSwap (CAKE), and Ethereum (ETH)? Let’s see below an overview of the current prices and some future predictions.
Cardano (ADA): growth forecasts in February?
Cardano enthusiasts may have high expectations as the popular ADA token seems to suggest the possibility of a significant double-digit increase in the next month.
According to CryptoRank, an analysis of historical ADA price data reveals an intriguing pattern that could lead to a 36.6% growth throughout February.
Examining ADA’s performance since 2018, a noteworthy average profitability of 36.6% in the month of February emerges.
However, a closer look reveals a crucial detail: this impressive average is significantly influenced by the exceptional 277.9% increase in the price of ADA in February 2021.
Excluding this anomalous value and taking into account the negative trends of 2019 and other years, the median estimate of Cardano’s profit
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