67% of Cardano holders underwater and most bought less than 1 year ago
Cointelegraph
Published Apr 07, 2022 11:47PM ET
Updated Apr 08, 2022 01:20AM ET
As Cardano (ADA) prices fall back towards the psychological one dollar level, more and more investors are finding themselves with unrealized losses by holding on to the digital asset.
Cardano’s ADA token has had a bearish week. The price has fallen 11.4% since Monday resulting in more holders being in the red. More significantly, ADA is now 64.7% below its September 2 all-time high of $3.09 and is in danger of falling below a dollar over the next few days should the trend continue.
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Written By: Cointelegraph
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