Cardano Price Drops by 85% From Its All-Time High, Similar to BTC

Cardano Price Drops by 85% From Its All-Time High, Similar to BTC

Cryptocurrency8 minutes ago (May 29, 2022 05:30AM ET)

Cardano Price Drops by 85% From Its All-Time High, Similar to BTC

ADA has followed the same pattern as BTC in its early stages, dropping 85% from its all-time high after its launch.
Some in the crypto community believe that ADA will continue to simulate the price pattern seen in Bitcoin in the early stages of its existence.
Both Cardano and Bitcoin serve different purposes in the crypto space.

The oldest and largest crypto by market cap, Bitcoin (BTC), dropped around 85% from its all-time high five years after its launch. Its price dropped down to $150. Now, Cardano (ADA) has followed the same pattern – dropping by 85% from its all-time high after its launch. The price of ADA now sits between $0.4 and $0.5, according to the crypto market tracker, CoinMarketCap.

ADA is one of the most promising projects in the cryptocurrency ecosystem and …

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Cardano Price Drops by 85% From Its All-Time High, Similar to BTC

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