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What do ADP and ATP signify

What do ADP and ATP signify? What are the roles of such molecules for cellular energetic metabolism?

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ATP is an abbreviation of the adenosine triphosphate, a molecule made up of adenosine bound to three inorganic phosphates. The ADP is an abbreviation of adenosine diphosphate, two molecules of phosphate bound to the adenosine. ATP is a molecule which stores energy for cell. Whenever ATP hydrolyzes and becomes ADP energy is discharged and then consumed by some metabolic reactions of the organism.

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