Cardano's market capitalization has dumped over 50% since March, losing its position in the top ten cryptocurrencies.
Investors who bought ADA in the past two years have suffered an average loss of 26% in holdings. ADA long-term holders may be dumping as its daily and weekly active addresses have reached the lowest level since 2020. The bearish argument will be invalidated if the daily candlestick Closing Price exceeds $0.457. #ContentStar #BountyCreator #GateioBountyCreator #NewsMessenger #HotTopicDiscussion
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cardano's market capitalization has dumped over 50% since March, losing its position in the top ten cryptocurrencies.
Investors who bought ADA in the past two years have suffered an average loss of 26% in holdings.
ADA long-term holders may be dumping as its daily and weekly active addresses have reached the lowest level since 2020.
The bearish argument will be invalidated if the daily candlestick Closing Price exceeds $0.457.
#ContentStar #BountyCreator #GateioBountyCreator #NewsMessenger #HotTopicDiscussion