Cardano Price Prediction
The Cardano price has fallen due to the recent crypto market crash, caused 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 options, while others continue to consider Cardano a long-term project. A notable example is Remittix, a PayFi token that has raised over $27.3 million by selling 677 million tokens for $0.1130.
Following the massive cryptocrash, triggered by escalating US-China trade tensions, the Cardano price remains under pressure. The crash swept nearly $19 billion off the market, with ADA dropping to as low as $0.
Cardano's price is currently under pressure due to market trends and trade tensions.
- Cardano price: $0.65
- Remittix token sale: 677 million tokens for $0.1130, raising $27.3 million
- Market crash: nearly $19 billion wiped out
Author's summary: Cardano's price is affected by market trends and trade wars.
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