via BeInCrypto · By BeInCrypto Editorial
Cardano CEO Urges Calm as ADA Crashes to 2020 Lows
ADA/USDT
$367,636,676.89
$0.1927 / $0.1780
Change: $0.0147 (8.26%)
+0.0044%
Longs pay
Cardano (ADA) fell about 15% in 24 hours to near $0.16 on Friday, its lowest level since late 2020, extending a selloff that has erased roughly 30% of its value in a week.
The drop left ADA ranked 17th by market value, with its market capitalization slipping below $6 billion. Cardano Foundation CEO Frederik Gregaard urged investors to look past short-term price action, but can they?
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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