Cardano Price Prediction: Can ADA Hit $0.5 On A Pump.Fun Derivative

Cardano price surged on Aug. 21 before encountering a resistance of around $0.37. The asset has mostly stagnated around this price as bulls got rejected. Most traders are showing indecision as they are still determining whether the hype is over or that was just the first wave. In the meantime, speculation is circulating in the Cardano X community about an incoming Pump.fun derivative on the network. Will cornering the Cardano meme coin niche finally give ADA the juice to hit $0.5?