Cardano Price Prediction
The Cardano price has fallen due to the recent crypto market crash, triggered by the US-China trade war, wiping out billions of dollars in value. Currently, ADA is trading around $0.65 with no upward trend due to profit-taking and bears.
Some investors are shifting towards faster-growing alternatives, while others still consider Cardano a long-term project. For example, Remittix, a PayFi token, has collected over $27.3 million by selling 677 million tokens for $0.1130.
Following the massive cryptocrash, the Cardano price remains under pressure, with the market losing nearly $19 billion in a matter of hours, and ADA dropping to as low as $0.65.
Investors continue to consider Cardano a long-term project.
- Cardano price: $0.65
- Remittix token sale: $27.3 million
- Market loss: nearly $19 billion
Author's summary: Cardano's price falls amid crypto market crash.