Cardano

Why Is Cardano Price Down Today: What’s Driving The Red Market? What’s Driving Cardano Price Down Today? Cardano is down today due to lowering user activity and stiff overhead resistance. The bears are focussed on driving ADA down to $0.70. Cardano is weak today, trading at mere $0.80. This is 18.40% lower than what it was before the past 24 hours. ADA may slip even lower in the coming time, as suggested by the weakening technical structure and several onchain signals. A Look At The Stats The drop in user activity in the cardano network has been continuing since the start of this month. The number of daily active addresses on the network has dropped from 96,700 to 40,700 within the last 15 days. Again, it appears the number of daily transactions has also declined from around 144,300 to 72,500 when the same time period is analyzed.Visit- <a href="https://www.coingabbar.com/en/crypto-currency-news/why-is-cardano-ada-down-today-whats-behind-the-ada-drop" rel="noopener noreferrer nofollow">CoinGabbar</a>

Why Cardano Is Going Down: Key Reasons Behind The Selloff

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