In August 2025, the cryptocurrency Cardano (ADA) attracts the attention of major investors, some of whom are diversifying their portfolios by betting on a new meme coin, Pepe Dollar (PEPD).
Investments in Pepe Dollar
Some large ADA holders, including a whale with a seven-figure position, allocated $30,000 to the Pepe Dollar presale. This move indicates growing interest among institutional investors in the project.
Cardano's Fundamentals Remain Strong
Cardano (ADA) recorded a 6.3% weekly gain, ranking third in Grayscale's performance charts. This is a result of optimism surrounding the review of its ADA ETF application, with analysts giving a 75% approval probability.
Growth Prospects for ADA and PEPD
Projections for ADA suggest a possibility to rise to $1.20 by Q4 2025. For PEPD, given its low entry price, the growth potential could be even more substantial if post-listing demand is high.
Investing in PEPD alongside ADA shows that even with strong assets, savvy investors look for opportunities to maximize returns in an unpredictable market.
