The native token of the Cardano blockchain, ADA, has seen significant accumulation by whales, with over 40 million ADA tokens being acquired in the past 48 hours. This accumulation has resulted in a 16% upside momentum for ADA. Despite a recent price decline and lower trading volume, ADA remains bullish and could potentially reach the $1.32 level, representing a 25% increase, if it holds above the $1 mark. The upcoming inauguration of the US President-elect could also impact ADA's price.



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