Cardano Price Prediction
The Cardano price has fallen due to the recent crypto market crash, which was triggered by the US-China trade war. Currently, ADA is trading around $0.65 with no upward trend.
Investors are shifting towards faster-growing alternatives, although some 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.
The crypto market crash, caused by escalating US-China trade tensions, has put pressure on the Cardano price. The crash resulted in a loss of nearly $19 billion in the market, with ADA dropping to as low as $0.
Some investors continue to consider Cardano a long-term project.
- Cardano price: $0.65
- Remittix token sale: $27.3 million
- Market loss: $19 billion
Author's summary: Cardano's price falls due to market crash.