Cardano (ADA) Tumbles Below $0.57 as Bears Crush Bull Hopes
Another red day for ADA holders as the 'Ethereum killer' gets slaughtered by sellers.
Blood in the crypto streets
Cardano's 10% nosedive past $0.57 confirms what traders feared—the bears are back in charge. No fancy smart contract upgrades or peer-reviewed papers could save ADA from today's market massacre.When Lambo? Not today.
The third-generation blockchain now trades at levels last seen when crypto bros still thought FTX was solvent. Technicals show no immediate support until $0.50—perfect timing for another round of 'buy the dip' hopium.Just remember: in crypto, the only thing harder than explaining proof-of-stake is explaining your losses to the tax man.