Cardano Beats Bitcoin & Ethereum? 🤯 Trump’s Crypto Move Shocks All!

Move over, Bitcoin and Ethereum! Cardano (ADA) has swooped in like a crypto superhero, leaving BTC, ETH, and even Solana (SOL) in the dust with $63.3 million in institutional inflows this month. 🦸‍♂️💰

Bitcoin? Oh, it pulled in $195 million in weekly inflows, but then it got hit with a whopping $826 million in outflows. Ouch! Ethereum? It’s crying in the corner after losing $370 million. Meanwhile, Solana’s $26.9 million gain is cute, but it’s like bringing a knife to a crypto gunfight. 🔪💥

Total outflows hit $2.2 billion across the board, but ADA? It’s like, “Nah, I’m good,” and just keeps climbing. How? Well, it all started when President Trump announced a U.S. Strategic Crypto Reserve on March 2nd, and ADA was like, “Hold my beer.” 🍺 It rallied 50% in 90 minutes! 🚀

Sure, the administration later split the reserve into a Bitcoin-only fund and an altcoin stockpile, but the hype train for ADA is still chugging along. Investors are jumping on board faster than you can say, “What’s a blockchain?” 🚂💨

ADA’s futures open interest? It’s up 10% year-to-date, hitting $702 million. And the price? It’s been bouncing between $0.62 and $0.67 like a crypto yo-yo. 🪀 Currently trading at $0.6550, it’s up 4% today, but trading volume dropped 20% to $923 million. So, it’s a mixed bag, but hey, at least it’s not boring! 🎢

So, is Cardano the new king of crypto? Maybe. Is it the most entertaining? Absolutely. Stay tuned, folks. This show’s just getting started. 🎬🍿

Read More

2025-04-04 20:52