Cardano’s social engagement surpassed Bitcoin when ADA broke ATH and approached $ 3 – CryptoPotato

As Cardano’s price skyrockets to new all-time highs, the asset has caught the attention of the cryptocurrency crowd. On-chain data from social media platforms confirmed that ADA had become the most talked about digital asset in the past few days.

ADA takes over Twitter

It’s safe to say that Cardano’s native cryptocurrency has been on the rise since the beginning of the year. On a micro-scale, ADA shot most of its competitors out of the water in the last month.

On July 20, when the entire market corrected, it fell below $ 1. It did so after it exploded more than 1,200% in the first few months of 2021.

However, after the massive retracement, ADA quickly returned to its glory days. It doubled in value in just a few weeks, continued to rise, and only recently surpassed its previous ATH, as reported.

However, it did not stop there and continued north. A few hours ago, the latest record came in at $ 2.95 (on Bitstamp). An increase of 194% since July 20th and more than 1,500% for the year, somewhat expected, has caught community attention.

Santiment reported that the number of mentions of the Cardano and ADA hashtags on Twitter over the weekend skyrocketed. The analyst pointed out that this growing exposure “will have a huge impact on whether prices continue to move toward $ 3 and beyond.”

Twitter mentions of ADA and Cardano.  Source: SantimentTwitter mentions of ADA and Cardano. Source: Santiment

Santiment later announced that Twitter mentions even exceeded Bitcoin, despite the fact that the primary digital asset surged above $ 50,000 for the first time since May.

Room for more attention?

While short-term Twitter engagements skyrocketed over the weekend, Google trending data shows that attention may be grabbing.

The number of Cardano (or ADA) queries to the largest search engine in the world has definitely increased lately, as the following graphic shows. However, they are still a long way from May Peak when ADA hit its ATH at that point.

Since Google trends are usually a good indicator of retail investor behavior, it can be assumed that they have not yet fully arrived. With that in mind, the price of ADA could actually target higher if the previous mania returns, just as Santiment has suggested.

Cardano Google searches 12 million worldwide.  Source: Google TrendsCardano Google searches 12 million worldwide. Source: Google Trends

SPECIAL OFFER (sponsored)
Binance Futures 50 USDT FREE Coupon: Use this link to register and get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register and enter the POTATO50 code to get 50% free bonus on every deposit up to 1 BTC.


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe Cardano

Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe

In order to do justice to the fast growing market for Cardano ($ ADA),...

By wpadminsonic164
ADA Crypto: 15 issues to know earlier than the Cardano Alonzo arduous fork – Investorplace.com Cardano

ADA Crypto: 15 issues to know earlier than the Cardano Alonzo arduous fork – Investorplace.com

Cardano (CCC:ADA-USD) is preparing for its Alonzo hard fork and there are a few...

By wpadminsonic164
The value of ADA Cardano has elevated by greater than 11% in 24 hours – Benzinga – Benzinga Cardano

The value of ADA Cardano has elevated by greater than 11% in 24 hours – Benzinga – Benzinga

Cardanos (CRYPTO: ADA) The price is up 11.2% in the past 24 hours to...

By wpadminsonic164
“Frothy” altcoins like Cardano, Solana are worrying JPMorgan, however is there any motive? Cardano

“Frothy” altcoins like Cardano, Solana are worrying JPMorgan, however is there any motive?

The oracle of Omaha Warren Buffet once said, “Be fearful when others are greedy...

By wpadminsonic164
Is it time to watch out with Cardano?  Analyst Michaël Van De Poppe examines what’s subsequent for the explosive altcoin – The Every day Hodl Cardano

Is it time to watch out with Cardano? Analyst Michaël Van De Poppe examines what’s subsequent for the explosive altcoin – The Every day Hodl

Crypto analyst Michaël van de Poppe looks at Cardano, which, according to CoinGecko, is...

By wpadminsonic164
Bitcoin eyes $ 50,000, Avalanche enters the crypto high 20 and Cardano hits new ATH – Stockhead Cardano

Bitcoin eyes $ 50,000, Avalanche enters the crypto high 20 and Cardano hits new ATH – Stockhead

Bitcoin makes another run at $ 50,000 after encountering resistance at that level early...

By wpadminsonic164
Cardano

Inexperienced Monday: ETH at 3-month excessive, Cardano Eyes $ 3, BNB provides 7%, BTC over $ 50,000 (Market Watch) – CryptoPotato

Bitcoin's recent rally continued for the past 24 hours as the asset reclaimed $...

By wpadminsonic164
SundaeSwap clears misunderstandings amid current CoinQuora Cardano controversy – Investing.com Cardano

SundaeSwap clears misunderstandings amid current CoinQuora Cardano controversy – Investing.com

SundaeSwap clears up misunderstandings amid the recent Cardano controversy The recent upgrade has sparked...

By wpadminsonic164

Latest Posts

Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance Binance

Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance

The world's leading cryptocurrency exchange Binance seeks government funding despite being in the crosshairs...

By wpadminsonic164
Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information Stellar

Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information

Major cryptocurrencies have shown mixed trading so far, with Bitcoin reversing its losses by...

By wpadminsonic164
BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!! Videos

BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!

BITCOIN CRASH (important upload)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!...

By wpadminsonic164
Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe Cardano

Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe

In order to do justice to the fast growing market for Cardano ($ ADA),...

By wpadminsonic164
Dogecoin Elliott Wave Evaluation: Appears to be Transferring Down – FXStreet Dogecoin

Dogecoin Elliott Wave Evaluation: Appears to be Transferring Down – FXStreet

If the crypto market extends its decline today, we would likely have five waves...

By wpadminsonic164
Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report Ethereum

Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report

Ethereum's EIP-1559 upgrade burned $ 400 million in ETH instead of handing it over...

By wpadminsonic164
Gary Gensler Says Bitcoin is Actual Bitcoin

Gary Gensler Says Bitcoin is Actual

Gary Gensler, the new chairman of the Securities and Exchange Commission (SEC), confirmed the...

By wpadminsonic164
The transition between fiat and bitcoin Bitcoin

The transition between fiat and bitcoin

One world, two systems: Why Bitcoin and Fiat have to learn to live togetherTwo...

By wpadminsonic164