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Cardano, Solana, Lido Rallies 30-80% In Hours

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The first weekend of 2023 was action-packed. Bitcoin broke above the $17k mark and Altcoins rallied alongside. In fact, the investors of a few coins managed to pocket double-digit gains in merely hours. In this article, we will be analyzing three top gainers of the day: Cardano , Solana , and Lido DAO . Cardano [ADA] Unlike most cryptos, Cardano kickstarted 2023 on the right note. As highlighted in an article last week, most of its fundamentals have been aligned. As a result, the much-awaited, pending rally materialized during the weekend. The eight ranked crypto registered back-to-back green candles on its short timeframe charts on Sunday and early Monday. Retrospectively, investors’ RoI rose by around 26%. The RSI of ADA reached 92 a few hours back, and as anticipated, the overheated landscape paved the path for a pullback. From the high of $0.3460 registered, ADA was trading at $0.33 at press time. Source: TradingView Also Read: 4 Positive Takeaways For Cardano So...