History Backs Cardano to See 36% Jump in February, But There’s a Catch thumbnail
History Backs Cardano to See 36% Jump in February, But There’s a Catch
cryptonews.net
Cardano’s historical record shows an average 36% return in February, even though it is not usually the asset’s best-performing month. CryptoRank, Cardano has an average February return of 36%, which makes it the third-best month in history for holding ADA. This means that if the asset follows the sa
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  • Cardano’s historical record shows an average 36% return in February, even though it is not usually the asset’s best-performing month.
  • CryptoRank, Cardano has an average February return of 36%, which makes it the third-best month in history for holding ADA. This means that if the asset follows the same pattern, then it could rise by a similar rate in the coming month.
  • there is a twist. Looking through the lens of time, February is usually not Cardano’s best month. In fact, it is only in two February months of the past six years that the asset has returned a positive performance.
  • these returns of 12% in February 2019 and a whopping 277% in February 2021
  • The other months with a higher average return are November and December.

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