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❕NEWS Cardano has seen its largest price drop in almost a year

AudraMiller

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What the price of many cryptocurrency is increasing over the last few days it was assumed that the other coins will also follow in the same direction as they are largely dependent on the price of Bitcoin. However the Cardano coin has seen a massive drop in its price with the market showing a 22.44% decline in its price. This is the largest drop that there has been since the 12th of March 2020.

The price has dropped from 0.86 dollars to 0.69 dollars over the last day. This price however cannot compare to the all-time high which was noted on the 4th of January 2018 which was set at 1.35 USD.
 
Good thing yesterday i was having a hard time looking for a way to invest in cardano.. it saved me. Because who knows it would fall today but i will wait again before i buy now
 
Good thing yesterday i was having a hard time looking for a way to invest in cardano.. it saved me. Because who knows it would fall today but i will wait again before i buy now
This is what makes cryptocurrency so risky when it comes to investing in that because anyone can increase and drop tremendously over the course of a day. In fact they are some coins that I have invested in that dropped over 80% in a single day.
 
This is what makes cryptocurrency so risky when it comes to investing in that because anyone can increase and drop tremendously over the course of a day. In fact they are some coins that I have invested in that dropped over 80% in a single day.
Indeed... Im so lucky because of that... Im really thankful now that I haven't been able to buy yesterday or.im going to suffer a huge disappointment
 
What the price of many cryptocurrency is increasing over the last few days it was assumed that the other coins will also follow in the same direction as they are largely dependent on the price of Bitcoin. However the Cardano coin has seen a massive drop in its price with the market showing a 22.44% decline in its price. This is the largest drop that there has been since the 12th of March 2020.

The price has dropped from 0.86 dollars to 0.69 dollars over the last day. This price however cannot compare to the all-time high which was noted on the 4th of January 2018 which was set at 1.35 USD.
A price drop happen all the time so I'm sure it is what cardano is going through now so it will rise again with time . So investors just need to watch out
 
I think whales are withdrawing some cardano , but we should always note that when it falls people would buy the dip and the price would rise again i think
 
Cardano is still the way to go if you are an enthusiast of owning digital assets sucubas crypto but its a personal call accompanied by your own personal financial advisor and not general market speculation.
 
The coin has been in my radar for some time now and I still think that despite the decline in price that probably gives room for more investors, it will still rise in price.
Yeah it would rise in price very soon only that many people are expecting a sharp increase in the price if the coin i think
 
The price of Cardano ADA is $1.19 as on March 31, 2021 at the time of me writing this post.

https://www.coingecko.com/en/coins/cardano/usd


I'm pretty sure Cardano will surge again because it is a blockchain platform with low transaction fees.
 
I invested some amount in cardano and i am holding the coin for long term and not short term gain, i wish it improves hurriedly like how it moves or increae
 
There are many things that makes a coin not to appreciate or declining, investors might decide to sell off the cardano they have once they notice the coin is not doing well.
 
There are many things that makes a coin not to appreciate or declining, investors might decide to sell off the cardano they have once they notice the coin is not doing well.
But now that cardano is currently doing well ,the investors would not sell off but they would use the opportunity to more instead of selling
 
But now that cardano is currently doing well ,the investors would not sell off but they would use the opportunity to more instead of selling
That could probably happen but I really do not understand why cardano has been on the same price for some time considering investors' expectation for a surge in price after being listed on Coinbase.
 
That could probably happen but I really do not understand why cardano has been on the same price for some time considering investors' expectation for a surge in price after being listed on Coinbase.
The reason is that cardano already have investors in all platform already both coinbase and binance ,so there was no shocking increase in price , unless an unpopular coin is listed on coinbase then you might see a shocking increase in price
 
The reason is that cardano already have investors in all platform already both coinbase and binance ,so there was no shocking increase in price , unless an unpopular coin is listed on coinbase then you might see a shocking increase in price
I guess you are right. A few hours to the listing, the internet went agog with several analysts and 'experts' advising their followers to invest in the coin because the listing would take ADA price to the moon.
 
I guess you are right. A few hours to the listing, the internet went agog with several analysts and 'experts' advising their followers to invest in the coin because the listing would take ADA price to the moon.
This strategy of analyst propagating a coin is actually a boosting strategy, ADA will grow much more but Investors need to watch it trends.
 
I guess you are right. A few hours to the listing, the internet went agog with several analysts and 'experts' advising their followers to invest in the coin because the listing would take ADA price to the moon.
Yeah there would always be things like that , but we should be moee patien , i believe that Ada coin would increase as well have all expect it to increase
 

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