Crypto Updates

Cardano (ADA) Faces Trouble: Ominous Data

Cardano

Recent on-chain data reveals a concerning trend: a significant drop in small wallet holdings, particularly those with 1-10 ADA. On Nov. 17, a staggering 98.1% decrease in such wallets occurred, a historical signal of capitulation hinting at a potential reversal in price trajectory. This development contrasts with Cardano’s ADA token experiencing an impressive 65% price …

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