Many cryptocurrency holders have taken notice of the explosive rise in the price of Cardano (ADA). This altcoin not only achieved great results in February-March but also broke into the top three largest digital currencies.
Now the ADA rate is holding around $ 1.13, the coin has begun to suffer losses. Within 24 hours, its capitalization decreased by 3.85% to $ 36.017 billion. Cardano this week dropped to fifth place in the ranking.
However, a survey by Voyager Digital shows that many investors expect the altcoin rally to resume soon.
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31.8% of those surveyed were in favor of a new takeoff for Cardano. In parallel, the researchers asked the respondents how they assess the prospects for bitcoin. Only 22.2% of them said. that expect a "bull" run of BTC soon.
12.2% and 6.3% of investors who participated in the survey believe that we will soon see highs in Ether (ETH) and Polkadot (DOT). Only 3.8% of respondents bet on the resumption of the rally of the XRP token, experts found.
Voyager Digital CEO Steve Ehrlich stressed: "This demonstrates the enthusiasm that our users show for cryptocurrencies in terms of investment. Of course, everyone is talking about Bitcoin these days, but the fact that Cardano was ahead of it came as a big surprise to us."