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03.12 - 10:35
Cardano leads weekly inflows, but what’s next for investors
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Cardano, over the last two months and all of November, has not been able to chart any significant gains, either in terms of price movement or network development. In fact, its market cap has been mostly oscillating within the $65 – $70 billion bracket, despite the same falling to $63 billion at press time.
Even so, its investors just do not seem to be giving up.
This week, the altcoin managed to pull in $16.4 million in weekly inflows, with its MTD flows now flashing a figure of $21.4 million.
Inflows by asset | Source: CoinShares
After Ethereum, this is the highest figure for any other altcoin in the market. This might be interpreted as a sign that even though ADA is down, it hasn’t fallen yet.
However, all this would’ve mattered more had
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