coinpedia
2023-05-10 13:49:10

Cardano (ADA) Price Plummets With 80% Addresses Seeing Red, But What Went Wrong?

The post Cardano (ADA) Price Plummets With 80% Addresses Seeing Red, But What Went Wrong? appeared first on Coinpedia Fintech News The popular cryptocurrency Cardano (ADA) has faced significant challenges recently, with a large number of investors suffering losses. Read on to discover why and how this transpired. Loss-Making ADA Addresses Data from analytics firm IntoTheBlock reveals that 80% of all ADA holders are currently “Out of the Money,” meaning they hold the token at a …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.