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Up 1,460% Year to Date, Is Cardano Still a Buy?


With a monstrous rally of 131% in the past month alone, Cardano's (CRYPTO: ADA) ADA tokens have now become the third-largest cryptocurrency in the world. But I would be very cautious before one leaps into the rally.

Early investors have gotten rich quick off Cardano. The same can't be said for those late to the party. Let's look at why it's long due for a pullback before it continues its momentum. 

Image source: Getty Images.

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Source Fool.com

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