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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

$0.2544

+1.88%

$0.2544

+1.88%

(24s)

24h Volume

$473,104,294.26

24h H/L

$0.2654 / $0.2495

Change: $0.0159 (6.37%)

Long/Short

76.0%

Long: 76.0%Short: 23.9%

Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.2558

▼ -1.16%

Volume (24h): -

Resistance Levels

Resistance 3$0.3181

Resistance 2$0.3082

Resistance 1$0.2654

Price$0.2558

Support 1$0.2549

Support 2$0.2321

Support 3$0.2168

Pivot (PP):$0.254933

Trend:Uptrend

RSI (14):66.1

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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