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via CoinDesk · By CoinDesk Staff

ADA under 20 cents as Hoskinson says he is 'taking a break' after warning of ecosystem failures

ADA

ADA/USDT

$0.2134

-3.31%

$0.2134

-3.31%

(24s)

24h Volume

$305,761,493.25

24h H/L

$0.2222 / $0.2091

Change: $0.0131 (6.26%)

Long/Short

71.0%

Long: 71.0%Short: 29.0%

Funding Rate

-0.0052%

Shorts pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.2136

▲ 1.14%

Volume (24h): -

Resistance Levels

Resistance 3$0.2447

Resistance 2$0.2260

Resistance 1$0.2148

Price$0.2136

Support 1$0.2125

Support 2$0.1946

Support 3$0.1844

Pivot (PP):$0.2159

Trend:Sideways

RSI (14):57.6

CoinDesk Staff

(07:59 AM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

Hoskinson's remarks followed a string of setbacks for the ecosystem, including the cancellation of Cardano's flagship conference and the shutdown of a prominent analytics platform.

Cardano founder Charles Hoskinson said he is "taking a break" after warning that the blockchain's ecosystem faces a coming "wave of failures," as ADA fell below $0.20 for the first time in more than five years.

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CoinDesk Staff · CoinDesk

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