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@ Layer3.news
2025-06-07 18:07:47
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgz0qt9j2rdq0gh6lhcmcs97uymqmfl3k6rkw9pydxsy7zcnwanq3gk2xvke
CARDANO PRICE FACES DOWNSIDE RISK AMID WEAK NETWORK ACTIVITY
https://crypto.news/app/uploads/2023/11/crypto-news-Cardano-coin04.webp
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✍️ Cardano (ADA) has slumped to $0.668, down 22% from its May high, with on-chain metrics indicating potential further decline.
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👉 Cardano's price has dropped 22% from its May high
👉 On-chain metrics indicate potential further decline
👉 Social dominance score has decreased
👉 Daily active addresses have fallen
👉 Mean dollar invested age has plunged
👉 Network realized profit/loss has turned negative
👉 Market Value to Realized Value ratio has turned negative
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#technology
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