Strong Weekend Recovery Seen in Cardano, The Sandbox, and Binance Coin
Yesterday's rather dismal performance in the cryptocurrency market has many investors down. However, this weekend, a number of top cryptocurrencies are seeing a strong recovery. As of 1 p.m. ET, Cardano (CRYPTO: ADA), The Sandbox (CRYPTO: SAND), and Binance Coin (CRYPTO: BNB) each regained some of yesterday's losses. Over the past 24 hours, these tokens appreciated 5.7%, 7.8%, and 5.7%, respectively.
Image source: Getty Images.
Interestingly, Cardano is among the blockchains that's seeing interest build on this crypto market sell-off. Recent data shows that Cardano's wallet count has increased by more than 70,000 over the past month, with whale transactions also surging to a 5-month high, as big-time investors seek to buy the dip on this top-10 crypto by market cap.
Source Fool.com