Cardano (ADA), a type of cryptocurrency, is having a tough time lately! Its price went down 5% in one day and is now trading at around $0.74. Experts are worried it might drop even further.
- ADA's price has been falling compared to Bitcoin (BTC).
- Less people are using the Cardano network, leading to lower demand for ADA.
- A chart pattern suggests ADA might fall even more.
Fact | Number |
---|---|
ADA price (Feb 24) | $0.7386 |
ADA drop in last 24 hours | 5% |
Potential further drop | 41.5% |
Lowest ADA price in last 3 months | $0.512 (potential) |