Last November, it failed to break through $1.2. What needs to be closely observed next is whether ADA can officially surpass the $0.2 threshold and welcome the community party of this bull market.
Why does Cardano have a chance to compete for the Top 3? I've written about it many times over the past two years. In two words, it's called community.
Market validation afterward: The stars of 2020 like Tezos, Polkadot, Cosmos, and Algorand have all fallen off the map. Cardano also doesn't have a whale, but thanks to community support, it has consistently remained in the top ten.
As long as ADA can replicate the recent week's gains and surpass the $1.20 threshold, the community will reignite.
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