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Cardano Tumbles 3% Amid Market Carnage—Midnight Airdrop Fuels Wild Swings

Cardano Tumbles 3% Amid Market Carnage—Midnight Airdrop Fuels Wild Swings

Author:
CoindeskEN
Published:
2025-08-05 15:53:18
6
2

Cardano Drops 3% as Market Sell-Off Persists, Midnight Airdrop Sparks Volatility

Crypto markets bled red again today as Cardano (ADA) got caught in the crossfire—down 3% while traders scrambled for exits. The Midnight Network's surprise token drop lit a fuse under volatility, proving once again that 'free money' comes at a price.

Blood in the streets—but is it panic or opportunity? ADA's drop mirrors the broader sell-off, but that midnight airdrop added rocket fuel to the usual market madness. Traders who slept through the drop woke up to chaos—classic crypto.

Here's the kicker: while Wall Street hedgies fret over basis points, crypto investors ride 3% swings before breakfast. The Midnight team picked the perfect moment—when liquidity's thin and emotions run high. Cynical? Maybe. Effective? Absolutely.

|Square

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